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What qualities are you looking for when qualifying a potential borrower?

Our lending decisions are typically based on the potential borrower’s capacity to succeed, combined with the overall likelihood of project success. We aren’t automatically scared [...]

2019-09-21T21:11:38-05:00Borrower Qualifications, Our Process|

How long does it take you to respond to a new loan application?

We typically respond to a new loan application either the same day or the following day. It is always our goal to get a preliminary [...]

2019-09-30T14:38:09-05:00About Us, Loan Applications, Our Process|

How do I apply?

Good news: it’s easy! Just click here to apply online, which will include uploading some documents. Uploaded documents can be image files (like .jpg or [...]

2019-09-21T21:13:23-05:00Loan Applications, Our Process|

Do you provide real estate investment funding for foreign nationals?

Yes, we absolutely fund foreign nationals, and have worked with quite a few already!

2019-09-30T15:09:30-05:00About Our Loans, Borrower Qualifications, Our Process|

Do I need to have a business entity to qualify for your loans?

You don’t need to have a business entity in place to qualify for a loan, however we do require our loans to be made to [...]

2019-09-30T14:37:28-05:00About Our Loans, Borrower Qualifications, Loan Terms and Conditions, Our Process|

What are your requirements for insurance?

We absolutely require property and casualty, and liability insurance on the property, as it’s a small price to pay for the protection. We may also [...]

2019-09-30T15:09:16-05:00About Our Loans, Loan Terms and Conditions, Our Process|

I don’t have any experience in real estate investing. Could I still qualify for a hard money loan?

Of course! Everyone starts somewhere, and we truly enjoy working with new investors. The terms and conditions of your loan may be a bit different [...]

2019-09-21T22:00:06-05:00Borrower Qualifications, Our Process|

Can you provide a letter that I can present to the property seller that ensures them I have the necessary funding?

Yes! This is called a “proof of funds” letter, and we can create one for you upon request. We typically provide this to you the [...]

2019-09-30T14:40:32-05:00About Us, Our Process|

What is the required minimum down payment?

It varies, but typically hinges on on the project and situation; we can be flexible depending on your circumstances. Generally speaking you will be required [...]

2019-09-30T14:33:11-05:00About Our Loans, Loan Terms and Conditions, Our Process|

Do you have a minimum and/or maximum loan amount?

No, we do not have a set minimum or maximum loan amount. To date, our smallest loan amount was $50,000 and our largest loan amount [...]

2019-09-30T14:32:26-05:00About Our Loans, Loan Terms and Conditions, Our Process|
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2601 East Michigan Street
Orlando, FL  32806

(386) 742-1497

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Recent Blog Posts

  • Top 10 Real Estate Investment Myths
  • How To Choose the Best Private Lender for Hard Money Funding
  • The Best Real Estate Investing Apps for Property Investors
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Murphy Development, Inc is a direct private money lender.

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