Questions? We have answers.
1. What Services Does Glenwyck Capital LLC Offer?
We offer a range of services tailored to meet your real estate investment needs. Our offerings include Fix & Flip, Buy & Hold, Refinance, Commercial, New Construction, and Private Money Loans. We also provide Proof of Funds Letters, Collateral DNA Reports, Debt Stack Reports, and have high-equity off-market property leads available, so you are not competing with other investors in your area.
2. What are the benefits of private money lending?
Benefits include quicker access to capital, flexibility in loan terms, no minimum credit score requirements, and the ability to secure financing for properties that may not meet traditional lending criteria.
3. Are you a Lender or a Broker, and are there fees or commissions involved?
We are both a lender and a broker. If for any reason we can’t provide the funding you need, we have a large network of other lenders we work closely with and can broker the funds to you. We like providing options to the investors we work with so you can get the best rates and the quickest closings available. If you need 100% funding, we also offer split equity opportunities to provide up to 100% financing for your purchase, rehab, and closing costs. Regardless of the loan type, there is always a 3% Broker fee, which is standard in the industry.
4. How do you decide the amount to lend?
It is based on the asset you have under contract. Generally, we lend up to 90% of the purchase price and 100% of the rehab cost. Ask us how you can get up to 100%!
5. I need 100% financing. Can you do that?
Yes! When joint venturing with us, we can provide up to 100% financing.
6. What Does True 100% Funding Mean?
We will lend up to 100% towards your purchase, rehab, and closing costs up to 70% of the ARV, when a joint venture is established between Glenwyck Capital LLC and the borrower.
7. How long does it take to close a transaction from start to finish?
About 14 days after we receive all required documentation. However, gathering all documentation can take three to four weeks. The key factor is how quickly you and your team provide the required documentation. We can do our part in roughly 14 business days, but investors seeking funding rarely submit complete documents fast enough. Aim for 30 days whenever possible.
đź’ˇ Remember: If time to close is a major factor, you probably have competition—meaning it’s unlikely to be a great deal. Bring your deal to us for discussion!
8. What Does FHA Cap Mean?
The FHA Cap represents the maximum loan amount in the county where the investment property is located. Find FHA limits in your area here: FHA Mortgage Limits (hud.gov)
9. What Does ARV Mean?
ARV stands for After-Repair Value—the estimated value of a property after renovations are completed.
10. What Does Asset-Based Lending Mean?
Asset-based lending is a loan where approval is primarily based on the value of the real estate property under contract, rather than the borrower’s creditworthiness. While a borrower’s ability to repay the loan is considered, approval and loan-to-value are primarily determined by the property’s value.
11. What are your Loan Terms?
âś” Loan Amounts: $30,000 up to the FHA Cap in the county where the property is located. Additional funding solutions available based on your property and loan type.
âś” Rates: Starting at 7% annualized interest with an origination fee from 0-3%, and no prepayment penalties. (Rates are based on credit score, but credit score does NOT determine loan approval.)
âś” Loan Term: 6 Months to 2 Years for a Fix & Flip, 30 Years for a Buy & Hold or Refinance.
âś” One loan approved per applicant until a proven track record is established.
12. Do I need an appraisal, and how much will it cost?
Yes, Glenwyck Capital LLC requires an appraisal before closing. Appraisal costs vary between $400 – $700, depending on property location.
13. Is a Licensed & Bonded Contractor bid required?
In most cases, yes. A licensed and insured itemized contractor bid is required before we can process the loan.
14. Is my information kept confidential?
✅ ABSOLUTELY 100%! Your privacy is our top priority. Any information you provide is completely confidential. If you want to work with a reliable, reputable company that treats you with professionalism, respect, and integrity—YOU HAVE COME TO THE RIGHT PLACE!
Still have questions?
Reach out to us! We’d love to assist you.