Your Biggest Obstacle?
Finding Fast and Reliable Capital
Never Miss a Deal Due to Lack of Funding
Traditional lenders move too slow or reject value-add projects, while complex loan terms can delay decision-making meaning that you risk losing deals to competitors who can act faster. Freed Lending was established to offer fast and reliable access to capital for ambitious real estate investors that are actively pursuing new deals and seeking to take their business to new heights.
Traditional lenders move too slow or reject value-add projects, while complex loan terms can delay decision-making meaning that you risk losing deals to competitors who can act faster.
Partner with Us
We Know The Game
We Are Investors Too
Tailored Loan Programs
Support Every Step of the Way
Traditional lenders move too slow or reject value-add projects, while complex loan terms can delay decision-making meaning that you risk losing deals to competitors who can act faster.
Freed Lending was established to offer fast and reliable access to capital for ambitious real estate investors that are actively pursuing new deals and seeking to take their business to new heights.
HOW IT WORKS:
A Simple 3-Step Process to Fund Your Deals
Apply Online
Close deals quickly by applying online. Submit your basic project and financial information in just minutes through our streamlined online form.
Get Approved
Get approved within 24 hours with clear loan terms designed to meet your investment needs.
Fund Your Deal
Secure the capital you need, outpace the competition, and close in as little as 5 days.
Meet the Freed Lending Team
A Dedicated Team - Committed to Your Success
Lucy Kramer
Loan Committee Senior Member
Lucy Kramer
Loan Committee Senior Member
FAQS - WHAT OTHERS ARE ASKING
What is a hard money loan?
A hard money loan is a short-term, asset-based loan secured by real estate. At Freed Lending, we offer these loans to real estate investors for purchasing, rehabbing, or developing properties quickly, focusing on the value of the property itself rather than just the borrower’s creditworthiness.
How does a hard money loan differ from a traditional bank loan?
Hard money loans – like those offered by Freed Lending – prioritize the property’s value and can be approved and funded much faster than traditional bank loans, which often focus heavily on borrower credit and involve longer approval times.
What types of properties can be financed with hard money loans?
Freed Lending provides financing for a range of property types including: residential, multifamily, and some commercial properties, depending on the specific project and criteria.
What is the typical duration of a hard money loan?
Hard money loans are generally short-term, ranging from three months to three years. Hard money loans are generally designed to bridge the gap for investors until they sell or refinance the property.
What are the interest rates and fees associated with hard money loans?
Interest rates for hard money loans tend to be higher than traditional loans, typically ranging from 15% to 23%. Freed Lending is transparent with all costs to ensure you are fully informed upfront.
How quickly can I obtain funding through a hard money loan?
Freed Lending offers a streamlined approval process, often allowing funds to be secured within days, depending on the specifics of the deal and property.
What is the typical loan-to-value (LTV) ratio for hard money loans?
Freed Lending typically offers loans up to 65% to 100% of the property’s value, ensuring sufficient equity remains for all parties.
Do I need a high credit score to qualify for a hard money loan?
At Freed Lending, credit scores are less critical than the value and potential of the property. While we do assess financial history, our primary focus is on the project itself and its merits.
Can I use a hard money loan for a fix-and-flip project?
Yes, Freed Lending’s hard money loans are a popular choice for fix-and-flip projects due to quick approvals and flexible terms, helping you capitalize on opportunities swiftly.
What is the application process for a hard money loan?
The process with Freed Lending involves submitting basic property details, a business plan, and a clear exit strategy. Unlike traditional lenders, we place less emphasis on personal financial information, streamlining the process for real estate investors.
Where is Freed Lending located?
Freed Lending is based in Omaha, Nebraska. Freed Lending currently lends across 40+ states through the US.
What if I don't have any experience as a real estate investor?
No experience? Not an issue. Freed Lending works with new borrowers and investors everyday. We are happy to take the time to walk you through the process from start to finish and provide additional resources when needed. We have made it a priority to build long lasting relationships with our new borrowers and investors and make connections when we can!
How much money can I borrow?
Our loan amounts range from $25,000 to $1M.
Will Freed Lending provide a Proof of Funds Letter?
Yes, Freed Lending will provide a Proof of Funds letter after a review has been completed on the property.
If I have more questions, can I call you directly?
Absolutely! We are always here to help.
What type of loans does Freed Lending not consider/do?
Raw land loans, agricultural properties, ground-up construction, and consumer purpose loans.
