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How fast can you provide funding?

Thanks to our streamlined process and extensive transaction experience, we regularly close loans in as little as 7 days. Keep in mind that there is [...]

2019-09-30T14:36:22-05:00About Our Loans, About Us, Loan Terms and Conditions, Our Process, Popular FAQs|

What geographic areas/regions do you lend in?

Our office is located in Orlando Florida, and we focus on serving the Central Florida area, specifically Orange County, Seminole County, Volusia County, Brevard County, [...]

2019-09-30T14:28:27-05:00About Our Loans, About Us, Our Process|

Do you have any restrictions on the types of investment properties you will loan on?

No. We will lend on any real estate.

2019-09-30T14:29:34-05:00About Our Loans, About Us, Loan Types, Our Process|

Do you finance second position loans?

No, we don’t.

2019-09-30T14:30:27-05:00About Our Loans, Loan Terms and Conditions, Loan Types, Our Process|

Do your loans have any junk fees or hidden costs?

We have absolutely no junk fees or hidden costs. The only fee we charge is a loan origination fee, which is 2% of the loan [...]

2019-10-18T14:18:53-05:00About Our Loans, About Us, Loan Terms and Conditions, Our Process, Popular FAQs|

Do you require an appraisal, survey, and/or inspections?

We do require a survey; several years ago, we accidentally purchased half of a house! This was an incident we certainly would have avoided if [...]

2019-09-30T14:33:45-05:00About Our Loans, Loan Terms and Conditions, Our Process|

What is the maximum LTV (Loan to Value) you are willing to lend?

It varies, but typically hinges on on the project and situation, and can be flexible depending on your circumstances. To reiterate previous FAQ answers, the [...]

2019-09-30T14:32:36-05:00About Our Loans, Loan Terms and Conditions, Our Process|

Do you have a prepayment penalty?

We do not have prepayment penalties. You can pay off your loan at any point during the term of your loan with no penalties at [...]

2019-09-30T14:35:53-05:00About Our Loans, Loan Terms and Conditions, Our Process, Popular FAQs|

Do you finance real estate renovation costs?

Yes! We provide funding for investment property renovations. Click here to learn more about our lending terms.

2019-09-21T21:58:53-05:00About Our Loans, Loan Types, Our Process|

If I become a repeat borrower, will I always have to provide the same documents every time I request investment property funding?

As a repeat client, the process is super easy. Typically, repeat borrowers just send me the purchase contract and the amount they want to borrow, [...]

2019-09-30T14:40:19-05:00Loan Applications, Our Process|
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2601 East Michigan Street
Orlando, FL  32806

(386) 742-1497

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Murphy Development, Inc is a direct private money lender.

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