FAQ
Loan Programs & Eligibility
What types of loans does Mach1 Lending offer?
We offer investor-focused financing like hard money loans, fix and flip financing, rehab and renovate loans, and investor-friendly options for repeat borrowers. Each program is built around real estate acquisitions and value-add projects.
Who is a good fit for a hard money loan?
Hard money loans are a fit when speed matters, the property needs work, or a bank timeline will cost you the deal. They are commonly used by investors buying properties to renovate, rent, or resell.
Can I qualify if my credit is not perfect?
Yes. Many deals are evaluated primarily on the property and the plan, not only the credit score. Strong collateral, a realistic budget, and a clear exit can help.
Do you lend to first-time investors?
We can, as long as the deal makes sense. If you are newer, we will focus on clean numbers, a realistic scope of work, and a plan you can execute.
What property types do you finance?
Common property types include single-family, small multi-family, and other investment assets depending on the deal and market. If you are unsure, send the address and details and we will confirm fit quickly.
Do you finance the purchase and the renovation?
Yes, with the right program. Rehab and renovate and fix and flip options can include funds for improvements when the scope and budget are clear.
Is there a minimum or maximum loan amount?
Loan sizing depends on the property, the request, and the overall deal structure. Share your numbers and we will outline realistic options.
Process & Timeline
How fast can I get approved?
Approvals can move quickly once we have the basic deal info and documents.
What do you need to start a loan request?
Start with the property address, purchase price, estimated rehab budget if applicable, your timeline, and your exit plan. From there, we may request items like a contract, scope, and borrower details.
What is the typical timeline to close?
Closing time depends on responsiveness and documentation, but the goal is to keep it simple and move at the pace your deal requires. If you have a hard deadline, tell us upfront.
How does underwriting work?
Underwriting focuses on the property value, the budget, and the plan. We look for clean numbers, reasonable assumptions, and a clear path to exit.
Will I need an appraisal?
Some deals may require a valuation step such as an appraisal or other review, depending on the scenario. We will confirm what is needed early so there are no surprises.
Rates, Terms & Payments
What terms are available?
Terms vary by loan type and deal structure. Most investor loans are designed for shorter timelines that match acquisition, renovation, stabilization, or resale.
How are rates set?
Rates are based on factors like property type, leverage, project complexity, and overall risk. Clean deals with clear exits tend to price better.
Are there points or upfront fees?
Some loans include points or origination fees. We explain the full cost structure before you move forward so you can compare options accurately.
Do you offer interest-only payments?
Many investor loan structures use interest-only payments during the term. The exact structure depends on the program and deal needs.
Can I pay off early?
Many loans allow early payoff. If a prepayment requirement applies, it will be clearly stated up front.
Other Investor Questions
What is a good exit strategy for a deal?
Common exits include resale, refinance into a long-term product, or rental stabilization followed by refinance. The best exit is the one that matches your timeline and cash plan.
Can you help me structure the numbers?
Yes. We can review purchase price, rehab budget, holding costs, and resale assumptions to confirm the deal is workable before you commit.
Do you work with experienced, repeat investors?
Yes. We support repeat borrowers who want a consistent lending partner and a straightforward process across multiple deals.
What if my renovation scope changes mid-project?
It happens. Communicate early so we can review the change, confirm feasibility, and keep the project moving without confusion.
What if the deal does not fit?
We will tell you quickly and clearly. If there is a better path, we will point you in the right direction so you do not waste time.