Oncepts Lending is a residential hard money lender (private money lender) providing owner occupied hard money loans for borrowers in need of residential hard money loans for a primary residence.

With over 43+ years in residential private money lending, Oncepts Lending has the expertise, experience and licensing to guide a borrower through the owner-occupied hard money loan process.

Private Money Bridge Loans for Owner-Occupied Properties

There are many circumstances which result in a borrower being denied a residential mortgage by banks and credit unions, causing the borrower to turn to a residential hard money lender to obtain a hard money loan for their primary residence:

• The borrower currently has poor credit
• The borrower has a recent foreclosure, bankruptcy, short sale or loan modification
• The borrower has less than 2 years of employment history with their current employer
• The borrower is self-employed
• The borrower needs a bridge loan for a primary residence
• The borrower is a foreign-national

In some instances, a borrower receives financing approval for a conventional residential mortgage, only to have the lender not be able to perform while in escrow. In a competitive real estate market this may result in the borrower missing out on the property as the seller may go with a backup offer.

To avoid losing the property, the borrower should consider obtain financing from Oncepts Lending, a private money lender who can lend on residential owner-occupied property. Oncepts Lending provides a much faster approval and funding process, which will help prevent losing the subject property.

HOW IT WORKS

Investors and property owners can trust us to provide a clear pathway to loan access. Every application we receive is treated with great urgency. At Oncepts Lending, we will do our best efforts to say Yes, we can fund your loan.

1. APPLY

Our loan application is simple and straightforward. Complete the application, making sure to provide answers to all mandatory questions and receive a tentative quote within 12-24 hours. When you click submit, you will receive confirmation that acknowledges that we have your online application.

2. REVIEW

After submission, one of our experts will contact you. We will go over your project and send you an email with all of the required documents needed to go to the next step. The email will include a link to our Hercutainer for secure document submission. Your new login and password will be included in the email. It is your responsibility to keep that information secure and confidential. All documents sent to us must be uploaded using Hercutainer. Oncepts Lending is not responsible for any loan documentation sent to us via email or fax. Client accepts and assumes all liability for any loan documents sent to us via email or fax.

3. FUNDING 

Once you’ve met all underwriting conditions and requirement and your file is approved, we will contact you to schedule a time for you to sign all required loan documents. Our goal is to get you funded fast, and get your project going.

SELL IT OR RENT IT 

When your project is complete, sell it or rent it. Take your profit or your cash flow, and move on to the next challenge.

Whatever your loan requirements may be, we have unique funding solutions that fit your needs. Including unconventional loan types that normal banks will not typically fund, like rehabs, mixed-use and investment properties.

We help clients build a bright financial future through real estate. Let us help you every step of the way. From application to funding, let our full-service team work to bring you the best programs and fund the best deal possible. Let Oncepts Lending be your lending partner. Contact your Oncepts Lending authorized representative to get started today.