Investors Funding Corporation

About Investors Funding Corporation

Headquartered in Honolulu, HI, Investors Funding Corporation is a hard money lender offering loans in Hawaii. They offer loans for a variety of scenarios, including loans for rental properties and fix-and-flip loans. They provide loan amounts up to $1,000,000 with a maximum LTV of 60%, rates ranging between 11.5% and 18%, and terms up to 2 years. The focus of their loans is for single family residences and multi-family.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: HI

Lending Guidelines for Investors Funding Corporation

Below are the general loan guidelines published on the Investors Funding Corporation website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Investors Funding Corporation.

Loan Example 1

Lawrence is a real estate investor in Honolulu, HI. He locates an older property for sale and wants to remodel it and sell it for a profit. The house costs $210,000 but he doesn't have the full amount so he obtains a hard money loan with Investors Funding Corporation. The lender agrees to make a note with a 75% loan-to-value (LTV) so they will loan $157,500 on the project. The parameters of the deal dictate a 14% note for 18 months. They also stipulate a 3 point origination fee, that will also have to be paid when the property closes.

Lawrence will need to contribute a total of $32,400 upon closing to cover the $52,500 down payment plus the $4,725 origination fee. The monthly interest only payments will then be $1,838 to the lender. If Lawrence achieves his goal of a $294,000 total sales price when the loan term expires, he would earn a total profit of $46,200 after repaying the principle on the note and deducting the cash he paid at closing, the origination points, and the monthly interest payments.

Loan Example 2

Investors Funding Corporation makes a fix and flip loan to Chester for a renovation project in Honolulu, HI. The deal dictates the following:

a) A $380,000 sales price, b) a 60% loan to value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 2% origination fee.

Once the rehab project is finished, if Chester sells the property for $532,000, the numbers would be the following:

$532,000 sales price
- $228,000 principle on note (60% LTV)
- $152,000 cash paid at closing (40% on 60% LTV)
- $4,560 origination fee (2% of the $228,000 principle amount)
- $34,200 total interest paid (18 months x 10% interest)
-----------------------
= $113,240 gross profit (doesn't include taxes or renovation costs)

No Reviews Yet

Investors Funding Corporation currently has no reviews. To add a review now, click the link below:

Write a Review for Investors Funding Corporation