Loan amount
$75K-$3M
Loan-to-value (LTV)
65%
Required credit score
625
Required deal experience
3 deals
Rates
Our rates start at 9.99% and will typically range between 10-11%. All of our loans are non-dutch and interest only. We charge interest only as the money is deployed and never on held back funds. Depending on deal and borrower the rate will vary.
Fees
Origination fee is 2-4 points (2-4% of originated loan amount), Attorney fee $1000, and Commitment fee $995. We do not collect any fees up front and are paid at closing.
Address
218 Broad Street
About
Alpha Funding is a Direct Private Lender based in the Northeast. We have been meeting the needs of real estate investors, developers, and builders since 2007 funding projects that are not fundable through traditional sources. Alpha focuses on residential & commercial properties and has provided financing for over 2000+ borrowers in loan sizes varying from $100,000 -$10,000,000.
States
Alabama Arizona California Connecticut Delaware District of Columbia Florida Georgia Illinois Maryland Massachusetts Michigan Mississippi New Jersey New York North Carolina Ohio Pennsylvania Rhode Island South Carolina Tennessee Texas Virginia West Virginia Wisconsin

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