How It Works
How It Works

How it Works

We’ll keep the process simple and streamlined every step of the way.

From pre-approval to closing, it’s never been easier.

one.

Get your rate

Start by answering a few questions about the type of home you're looking for, your income, your estimated credit score (don't worry, we don't actually pull your credit), and your plans for your down payment. Our technology will help you identify the right loan and sample rate for your situation.

Prize pig
two.

Get pre-approved

Our technology will start by uploading some of the required documents for you, saving you time and energy. The rest can easily be uploaded into your personalized dashboard with just the click of a button. We'll need things like your income verification, assets, debt expenses, and employment history. You'll also be able to revisit your loan program and rate selection— don’t worry, you aren't locked in just yet!

A ok
three.

Get your loan terms

Next, you'll upload documents about your property like Homeowners insurance, title information, and your Purchase Contract. After you pay for your appraisal and confirm your close date, we'll give you the terms of your loan and a breakdown of all of the costs associated. Then we will finalize your interest rate.

Paperwork
four.

Get your keys

...and start planning your housewarming party. Prior to closing, we may ask you a few questions about your loan file to ensure that this final step is as smooth and swift as possible. This also helps us ensure that you're getting the best loan possible (what can we say, we like perfection).

Keys

To buy a home, here are a few things that you’ll need:

Bank statements
Bank Statements
Statements from the last few months should show you can cover down payment and closing costs.
Asset documentation
Asset Documentation
This include things like retirement account documentation and investment statements.
Income documentation
Income Documentation
This includes W-2s, paystubs or self-employment documents.
Psa
Purchase Contract
The agreement states the final sale price and terms of the purchase.
Additional documentation
Additional Documentation
This may include things like homeowners insurance or documents specific to your situation.
Money
Money for your appraisal
This covers the cost of getting an official valuation of your new home.
Answers
Answers to Basic Questions
You’ll answer questions about yourself and the home you’re buying.
More money
Upfront Costs Like Down Payment
These funds cover things like title insurance and inspection fees.
Wont need

With LendingHome, you don't have to do it the traditional way.

No fax machines. Yep, zero.
Upload all of your documents to your online dashboard with just the click of a button (or the drag of your mouse).
No hunting for documents.
Where we can, we will integrate directly with your accounts to pull specific documents for you.
No telephone tag. No voicemails.
We won't force you to talk to someone unless you want to. Instead, chat or email your way through your loan process.
No questions.
Your customized dashboard will always tell you where you stand with your loan.
No back and forth.
Customize your pre-approval letter yourself as many times as you need to ensure you get the best price on your new home.
With LendingHome, you're in control.

From pre-approval to closing, it’s never been easier.

one.

Select your rate

Start by answering some questions about yourself and the property you are looking to fund. Based upon this initial information, our system will provide you with a couple of loan scenarios that you already pre-qualify for, giving you that quick yes or no answer you need to move forward on the deal.

Prize pig
two.

Submit your project

Once you've chosen the loan scenario that makes the most sense for your deal, you’ll pay the $199 application fee, which will kickstart your loan process.

Blueprints
three.

Complete your application

Next, you'll start uploading your documents. We'll need some personal items (like bank statements, a list of your past projects, etc.), but mainly documents relating to the property such as the Purchase Contract, hazard/flood insurance information, and Escrow/Title information.

Magic application
four.

Close your deal

Prior to closing, we may ask you a few questions about your loan file to ensure that this final step is as smooth and swift as possible. Once you get the keys you can begin construction, taking out draws as you go to cover your costs on completed projects.

Handshake

To finance your deal, here are a few things that you’ll need:

Bank statements
Bank Statements
Statements from the last few months should show you can cover down payment and closing costs.
Psa
Purchase Contract
The agreement states the final sale price and terms of the purchase.
Past projects
List of Past Projects
This should detail all of the previous fix and flip projects you’ve done.
Property documentation
Property Documentation
This is all of the information you have about your property.
Money
Application Fee
The $199 application fee covers third party costs incurred in underwriting your loan.
Answers
Answers to Basic Questions
You’ll answer questions about yourself and the property you’re buying.
More money
Upfront Costs Like Down Payment
LendingHome will hold back your rehab funds until after the renovations are completed.
Wont need

With LendingHome, "hard money" isn't what it sounds.

No paperwork. No fax machines.
Upload all of your documents to your online dashboard with just the click of a button (or the drag of your mouse).
No guessing.
Your customized dashboard will always tell you where you stand with your loan.
No runaround.
Your dedicated team of loan specialists will always know who you are and will be there for you when you need them via phone, text, chat, or email.
With LendingHome, get more deals done. Easier.

From pre-approval to closing, it’s never been easier.

one.

Price your client's deal

Start by answering some questions about your borrower and the property they are looking to fund. Based upon this initial information, our system will provide you with a couple of loan scenarios that your client already pre-qualifies for, giving you that quick yes or no answer you need in order to get back to them.

Prize pig
two.

Start the loan process

Once you've chosen the loan scenario that makes the most sense for the deal, you’ll pay the $299 application fee to submit the loan, which will kickstart your borrower's loan process.

Blueprints
three.

Complete your client's application

Next, you'll start uploading documents. We'll need some personal items from your borrower (like bank statements, a list of their past projects, etc.), but mainly documents relating to the property such as the Purchase Contract, hazard/flood insurance information, and Escrow/Title information.

Magic application
four.

Close the deal

Prior to closing, we may ask you a few questions about the loan file to ensure that this final step is as smooth and swift as possible. Once your borrower gets the keys they can begin construction, taking out draws as they go to cover their costs on completed projects.

Handshake
five.

Get paid

You can take your broker fee as soon as we get the loan closed. It's that easy.

Lendinghome check

To finance your client’s deal, here are a few things that you’ll need:

Bank statements
Bank Statements
Statements from the last few months should show your client can cover down payment and closing costs.
Psa
Purchase Contract
The agreement states the final sale price and terms of the purchase.
Past projects
List of Past Projects
This should detail all of the previous fix and flip projects your client has done.
Property documentation
Property Documentation
This is all of the information you have about your client’s property.
Money
Application Fee
The $299 application fee covers hard third party costs incurred in underwriting your loan.
Answers
Answers to Basic Questions
You’ll answer questions about your client and the home that’s being purchased.
More money
Upfront Costs Like Down Payment
LendingHome will hold back your rehab funds until after the renovations are completed.
Wont need

With LendingHome, "hard money" isn't what it sounds.

No paperwork. No fax machines.
Upload all of your documents to your online dashboard with just the click of a button (or the drag of your mouse).
No guessing.
Your customized dashboard will always tell you where you stand with your loan.
No runaround.
Your dedicated team of loan specialists will always know who you are and will be there for you when you need them via phone, text, chat, or email.

Earning returns has never been easier.

one.

Sign up and fund your account

Once you've signed up for an account, we will verify your accredited investor status. You can then connect your bank account securely and transfer funds into your investor account via ACH. Your funds will be ready to invest within two days.

Cash money
two.

Invest in mortgages

LendingHome funds mortgages for real estate professionals and makes them available to you as fractional notes, meaning you can buy a portion of the mortgage. You can either choose individual notes based on risk and return levels or let AutoInvest do the work for you by selecting a conservative, aggressive, or all-notes strategy. Put as little as $5,000 into each investment.

Upward graph
three.

Start earning interest

Borrowers will repay the loans you're invested in on a monthly basis. You own a portion each loan you're invested in and will receive a share of each payment. Log into your investor dashboard at any point to see how your investments are performing and summarized statistics for your portfolio.

Piggy bank
four.

Receive final payment

Your loan will be fully paid back in 12 months or less. If anything goes wrong, LendingHome will take care of all servicing needs and, if needed, foreclosure—remember, your investment is backed by a real asset. Once the loan has been repaid, all funds will be returned directly into your online account where you can withdraw them or reinvest to keep earning returns!

Lendinghome check
Wont need

This isn’t traditional real estate investing.

No need to invest time alongside your money.
You don't need to manage your real estate investments with LendingHome. We'll do the work for you!
No high fees.
There are none of the fees associated with traditional real estate investment.
No tying up all of your money in one investment.
Our fractional notes let you spread out your dollars across a number of investments, reducing your risk.
No wondering about the status of your investments.
Check out your online dashboard to see their performance any time you want.