At Flipside Lending, we take pride in being a trusted financial partner for developers bringing transformative projects to life. We’re excited to announce that we’ve provided a $5,000,000 construction loan for the first phase of a promising 56-lot townhome development in Nashville, TN.
When closing a real estate transaction, a mortgage payoff statement is a critical document. But beyond just being a formality, understanding when and how to order a payoff statement can make a difference in whether a deal goes smoothly or falls apart at the last minute.
When it comes to real estate financing, a Letter of Intent (LOI) is often the first step toward securing a loan. But not all LOIs are created equal. Some lenders give them out like candy, barely understanding the deal in attempts to lock in clients. Others take a more thoughtful approach, ensuring that an LOI reflects a properly vetted deal.
NMLS #2655708. Origination fees and other fees may apply. This is not an offer to lend. Any financing will be subject to certain restrictions and requirements, including but not limited to a credit evaluation and approval of the subject property. To qualify, a borrower must meet underwriting requirements. Not all borrowers will qualify and not all borrowers that qualify will receive the lowest rate. Your actual rate depends on a variety of factors. Rates, terms, and conditions are subject to change from time to time without notice.