i fund cities
448 N 10th Street, Suite 402
Philadelphia, PA 19123
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About i fund cities
i Fund Cities is a flexible and reliable lending platform providing Kick A$$ Loans to residential real estate investors nationwide. It all started in the city of brotherly love, Philadelphia, where the partners set out on a mission to provide the most cost-effective and efficient capital to local investors. Branded locally as I Fund Philly, our cult like following began to quickly grow and we soon realized our services were needed in more than just one city. As a result, i Fund Cities was born.
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Loan Types Offered: Hard Money Loans, 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, Apartment, Mixed Use
Areas Served: National
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Lending Guidelines for i fund cities
Below are the general loan guidelines published on the i fund cities website. Please confirm all terms and rates directly with the lender.
Hard Money Loans
Loan Amounts: $100,000 - $5,000,000
Available Rates: 7.5% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 75%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthInvestment Property Loans
Loan Amounts: $1,000,000 - $5,000,000
Available Rates: 3.75% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthFix and Flip Loans
Loan Amounts: $100,000 - $5,000,000
Available Rates: 7.5% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 75%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthCommercial Hard Money Loans
Loan Amounts: $500,000 - $5,000,000
Available Rates: 7.5% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 75%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthNew Construction Loans
Loan Amounts: $100,000 - $5,000,000
Available Rates: 7.5% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 75%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthRefinance / Cash Out Loans
Loan Amounts: $100,000 - $5,000,000
Available Rates: 3.75% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 65%
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 monthBridge Loans
Loan Amounts: $100,000 - $5,000,000
Available Rates: 7% - 12%
Typical Terms: 6 months months - 24 month months
Points Charged: 1.5% - 4%
Max Loan-to-Value (LTV): 70%
Max Loan-to-Cost (LTC): 100%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 month -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by i fund cities.
Loan Example 1
Loan Example 2
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