We’ll keep the process simple and streamlined every step of the way.
From pre-approval to closing, it’s never been easier.
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.
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!
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.
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).
To buy a home, here are a few things that you’ll need:
With LendingHome, you don't have to do it the traditional way.
From pre-approval to closing, it’s never been easier.
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.
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.
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.
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.
To finance your deal, here are a few things that you’ll need:
With LendingHome, "hard money" isn't what it sounds.
From pre-approval to closing, it’s never been easier.
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.
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.
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.
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.
Get paid
You can take your broker fee as soon as we get the loan closed. It's that easy.
To finance your client’s deal, here are a few things that you’ll need:
With LendingHome, "hard money" isn't what it sounds.
Earning returns has never been easier.
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.
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.
Start earning interest
Borrowers will repay the loans you're invested in on a monthly basis. You own a portion of 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 get summarized statistics for your portfolio.
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!