Direct Lending Partner
701 W Broad Street, Suite 200
Bethlehem, PA 18018
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About Direct Lending Partner
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, NJ, NY, OH, OK, PA, SC, TX, VA, WA, WI, WV, WY, UT, and other states are determined on a case-by-case basis. Direct Lending Partners is not a broker or middleman. Instead, we fund all deals directly. By offering direct funding, we can utilize an efficient and practical approach to underwriting that allows us to fund deals that banks cannot. In addition, because we perform our own underwriting and funding, Direct Lending Partner can close loans extremely quickly, often in as few as five days.
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Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans
Property Types Covered: Single Family, Multi Family, Retail, Office, Land
Areas Served: AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MT, NC, NE, NJ, NY, OH, OK, PA, SC, TX, VA, WA, WI, WV, WY, UT
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Lending Guidelines for Direct Lending Partner
Below are the general loan guidelines published on the Direct Lending Partner website. Please confirm all terms and rates directly with the lender.
Investment Property Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/AFix and Flip Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ACommercial Hard Money Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ANew Construction Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ARefinance / Cash Out Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ABridge Loans
Loan Amounts: $75,000 - $2,000,000
Available Rates: 10% - 15%
Typical Terms: 6 months - 12 months
Points Charged: 2% - 8%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Direct Lending Partner.
Loan Example 1
Florence takes a private money loan from Direct Lending Partner in order to renovate a duplex to resale in Boston, MA. The price of the house is $210,000. The lender agrees to write a loan with a 85% loan-to-value (LTV) so they will extend $178,500 on the project. The deal also has these features: 1) a 12 month term, 2) a 14% interest only note, and 3) a four percent origination fee.
The borrower will have to contribute a total of $32,400 upon closing to pay the $31,500 down payment in addition to the $7,140 origination fee. she will then pay $2,083 monthly to Direct Lending Partner. If Florence accomplishes her goal of a $294,000 total sales price when the loan expires, she would make a total profit of $51,870 after repaying the principle on the note and subtracting the cash she contributed at closing, the origination fee, and the total monthly interest payments.
Loan Example 2
Direct Lending Partner makes a fix and flip loan to Peter for a remodeling project in Boston, MA. The deal dictates the following:
$200,000 sales price
70% loan-to-value (LTV)
6 month term
11% interest rate
5% origination feeAfter the renovation project is completed, if Peter sells the project for $240,000, the outcome would be the following:
$240,000 sales price
- $140,000 loan principle (70% LTV)
- $60,000 down payment (30% on 70% LTV)
- $7,000 origination fee (5% of the $140,000 principle amount)
- $7,700 total interest paid (6 months x 11% interest)
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= $25,300 gross profit (does not include taxes or renovation costs) -
by Sam 08/08/2022
I want the mortgage community to know Nader hack is a convicted felon should not be trusted with peoples information specially bank accounts social Security numbers i have personal knowledge Of how he has used his position Over the years to commit fraud and theft I don’t understand how DLP employees known film convicted felon Kriminal drug attic Nader hack It’s not to be trusted
I want the mortgage community to know Nader hack is a convicted felon should not be trusted with peoples information specially bank accounts social Security numbers i have personal knowledge Of how he has used his position Over the years to commit fraud and theft I don’t understand how DLP employees known film convicted felon Kriminal drug attic Nader hack It’s not to be trustedby Sam 08/08/2022
Nader HACK is a thief spit arrested for Grandtheft he used his position to manipulate and steal peoples money and financial information you don’t have to believe what I say just do a background check on him. Beyond me how DLP employees convicted felon drug attic to deal with peoples financials you guys a dlp should investigate this further before one of your clients Suffers
Nader HACK is a thief spit arrested for Grandtheft he used his position to manipulate and steal peoples money and financial information you don’t have to believe what I say just do a background check on him. Beyond me how DLP employees convicted felon drug attic to deal with peoples financials you guys a dlp should investigate this further before one of your clients Suffersby BG 10/07/2021
Do not engage in any agreement with this company. Don’t give them any money upfront
Do not engage in any agreement with this company. Don’t give them any money upfrontYelp! Review
by Lisa B. 08/05/2020 BLSJ Development LLC, is very pleased to be working with Stephanie Sfarra she is very professional and knows how to get the job done. She has made our...
Read more on Yelp!BLSJ Development LLC, is very pleased to be working with Stephanie Sfarra she is very professional and knows how to get the job done. She has made our...
Read more on Yelp!by rephilly 07/31/2020
Theres no one more dedicated and reliable than Ray. He works tirelessly to serve his clients and is genuine and pragmatic, willing to think and act "outside the box".
Theres no one more dedicated and reliable than Ray. He works tirelessly to serve his clients and is genuine and pragmatic, willing to think and act "outside the box".Yelp! Review
by Enzo B. 07/02/2020 I'm dealing with them for the last 2 years and they are very cooporative great service, great costumer service and fast . Stephanie is amazing cant wait to...
Read more on Yelp!I'm dealing with them for the last 2 years and they are very cooporative great service, great costumer service and fast . Stephanie is amazing cant wait to...
Read more on Yelp!Yelp! Review
by Ami M. 06/29/2020 Stephanie Sfarra is simply divine. The lending product is so complete. The processes are easy to learn and utilize. Communications are clear and timely....
Read more on Yelp!Stephanie Sfarra is simply divine. The lending product is so complete. The processes are easy to learn and utilize. Communications are clear and timely....
Read more on Yelp!Yelp! Review
by Walt P. 03/27/2020 by flipsintexas 02/27/2020
I'm giving them a 1 which should be a 0. I applied for the new construction loan i have a 750 credit score and gave all proofs of my funds. I was approved until Nader the loan officer and the underwriter decided to close the deal. They promised 100% financing then they told me i had to pay for phase 1 out of my own pocket. Once i showed them proof of the funds they still denied me! Waste of time!
I'm giving them a 1 which should be a 0. I applied for the new construction loan i have a 750 credit score and gave all proofs of my funds. I was approved until Nader the loan officer and the underwriter decided to close the deal. They promised 100% financing then they told me i had to pay for phase 1 out of my own pocket. Once i showed them proof of the funds they still denied me! Waste of time!Yelp! Review
by PJ D. 02/23/2020 DLP is a truly fantastic organization to work with. Although it appears they only have a one star rating, they have 25 reviews in total and 23 of those...
Read more on Yelp!DLP is a truly fantastic organization to work with. Although it appears they only have a one star rating, they have 25 reviews in total and 23 of those...
Read more on Yelp!Yelp! Review
by Mark M. 02/13/2020 I'm not sure why their other 24 good reviews are not showing up vs the one bad, but I'm very pleased! I posted this same review on Google and am not...
Read more on Yelp!I'm not sure why their other 24 good reviews are not showing up vs the one bad, but I'm very pleased! I posted this same review on Google and am not...
Read more on Yelp!Yelp! Review
by Brian S. 02/03/2020 Yelp! Review
by Keith R. 01/14/2020 Direct Lending has been great, the draw request is sample and fast. They help fund my project and was quick to respond to any questions I had. Nice and...
Read more on Yelp!Direct Lending has been great, the draw request is sample and fast. They help fund my project and was quick to respond to any questions I had. Nice and...
Read more on Yelp!by Derek Johnson 10/04/2019
DLP is the best. Great service, good communication, and always quick approval.
DLP is the best. Great service, good communication, and always quick approval.Yelp! Review
by Roy W. 10/02/2019 Due to unforeseen obligations, I was not able to acquire and rehabilitate any residential property within 12 months of obtaining a $500,000.00 line of...
Read more on Yelp!Due to unforeseen obligations, I was not able to acquire and rehabilitate any residential property within 12 months of obtaining a $500,000.00 line of...
Read more on Yelp!Yelp! Review
by Mike A. 08/21/2019 We have been working with DLP for some time now. We receive excellent, great timely service. They are always very professional, very responsive and a...
Read more on Yelp!We have been working with DLP for some time now. We receive excellent, great timely service. They are always very professional, very responsive and a...
Read more on Yelp!Yelp! Review
by Ike U. 07/19/2019 I honestly would like to thank dlp for giving me the opportunity to get into the fix and flip real estate business by giving a loan for my first and second...
Read more on Yelp!I honestly would like to thank dlp for giving me the opportunity to get into the fix and flip real estate business by giving a loan for my first and second...
Read more on Yelp!Yelp! Review
by Scott M. 07/11/2019 Yelp! Review
by Larteshia B. 07/11/2019 What can my team, at Alpha Omega Home Solutions LLC, say about Rob Beeman & the DLP staff? Most certainly dedicated, professional, and willing to go above...
Read more on Yelp!What can my team, at Alpha Omega Home Solutions LLC, say about Rob Beeman & the DLP staff? Most certainly dedicated, professional, and willing to go above...
Read more on Yelp!Yelp! Review
by Taamiah E. 06/26/2019 DLP is the best around! I am a Broker who used to spend hours searching for the right lender with the right product for my investors. My search ended when I...
Read more on Yelp!DLP is the best around! I am a Broker who used to spend hours searching for the right lender with the right product for my investors. My search ended when I...
Read more on Yelp!Yelp! Review
by Robert B. 06/20/2019 Stephanie is my contact for the construction draws. She is very accessible by email or phone and keeps me updated on the inspections and construction...
Read more on Yelp!Stephanie is my contact for the construction draws. She is very accessible by email or phone and keeps me updated on the inspections and construction...
Read more on Yelp!Yelp! Review
by Kristen M. 06/18/2019 Alexis Anterola rocks! She gave everything to me to create a satisfaction to get our seller ready to close in minutes. She responds to emails near...
Read more on Yelp!Alexis Anterola rocks! She gave everything to me to create a satisfaction to get our seller ready to close in minutes. She responds to emails near...
Read more on Yelp!Yelp! Review
by Ben B. 06/05/2019 I worked with Rob Beeman and he was more than helpful. Coming from the same industry, I've heard horror stories about loan officers not paying attention to...
Read more on Yelp!I worked with Rob Beeman and he was more than helpful. Coming from the same industry, I've heard horror stories about loan officers not paying attention to...
Read more on Yelp!Yelp! Review
by Kevin M. 05/28/2019 Alexis was incredibly responsive in processing our loan extension. Very personable and extremely knowledgeable. I highly recommend Alexis Anterola and...
Read more on Yelp!Alexis was incredibly responsive in processing our loan extension. Very personable and extremely knowledgeable. I highly recommend Alexis Anterola and...
Read more on Yelp!Yelp! Review
by Kristine E. 10/31/2018 I have found that working with DLP is easy, as they are efficient, accommodating and friendly to work with! Don, Alexis, Christina and the rest of the teams...
Read more on Yelp!I have found that working with DLP is easy, as they are efficient, accommodating and friendly to work with! Don, Alexis, Christina and the rest of the teams...
Read more on Yelp!Yelp! Review
by Nico H. 10/30/2018 Let me start by saying i have used several other lending companies, most of which are good to deal with and offer similar terms for a comparable list of...
Read more on Yelp!Let me start by saying i have used several other lending companies, most of which are good to deal with and offer similar terms for a comparable list of...
Read more on Yelp!Yelp! Review
by Joe C. 10/11/2018 DLP has been instrumental in helping to operate my business efficiently. I no longer have to shop around for the best rate or deal for my debt. They are a...
Read more on Yelp!DLP has been instrumental in helping to operate my business efficiently. I no longer have to shop around for the best rate or deal for my debt. They are a...
Read more on Yelp!Yelp! Review
by John C. 07/05/2018 This company is terrible. They will string you along with the promise of a high credit line but it will never pan out. They took 10 days to get back to me...
Read more on Yelp!This company is terrible. They will string you along with the promise of a high credit line but it will never pan out. They took 10 days to get back to me...
Read more on Yelp!Yelp! Review
by Carlos F. 02/28/2018 Being an engineer/business owner myself I'm always researching and striving for max efficiency. I'll start with Brion in that I find him to be extremely...
Read more on Yelp!Being an engineer/business owner myself I'm always researching and striving for max efficiency. I'll start with Brion in that I find him to be extremely...
Read more on Yelp!Yelp! Review
by Virginia S. 12/15/2017 The worst!!!! Stay away from them. The are rotten to the core! If you don't believe us ASK for their RATE sheet and then watch what happens!
Read more on Yelp!The worst!!!! Stay away from them. The are rotten to the core! If you don't believe us ASK for their RATE sheet and then watch what happens!
Read more on Yelp!
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