BALTIMORE, July 8, 2024
/PRNewswire/ -- Dominion Financial Services (DFS), a national
private lender for real estate investors announces the launch of
its new Bridge Loan Program. The program features up to 100%
acquisition, 100% rehab financing, and interest rates as low as
9.5%. Total acquisition financing is designed to maximize
investors' operating capital, allowing them to grow their investing
businesses.
Key Features of the new Bridge Loan Program:
- Competitive Rates: Investors can benefit from rates as
low as 9.5% with the rate buydown option or choose an 11% rate with
no upfront origination points.
- Comprehensive Financing: The program offers the ability
to finance 100% of acquisition costs and 100% of rehab costs.
- Efficient Underwriting: No appraisal is required as DFS
will underwrite your deal in-house, streamlining the approval
process.
- Nationwide Availability: The program is available to
investors across the country.
The Dominion Difference:
Dominion Financial Services stands out in the marketplace by
offering up to 100% loan-to-cost (LTC), a significant
differentiator among national private lenders. This unique feature
positions DFS as a leader in the real estate investment lending
sector.
Jack BeVier, Partner at Dominion
Financial, stated, "For 22 years, Dominion has succeeded in the fix
& flip lending market with a common sense approach focused on
providing exceptional rates, speed & service. Our new
guidelines reflect today's market conditions and give the country's
most talented flippers & landlords a competitive advantage to
thrive. We look forward to supporting these entrepreneurs and
continuing to grow together."
DFS's previous bridge loan program was developed from years of
industry insights, particularly after the 2008 financial crisis,
focusing on borrower financial strength and expanding DFS's
geographic footprint. Recent market dynamics, including COVID-19
stress tests and the 2023 basis point increase, have informed the
new program, which offers a more intelligent and nuanced approach
to bridge lending.
The new Bridge Loan Program is designed to help real estate
investors grow their businesses by providing them with the capital
they need to take advantage of new opportunities. With 100%
financing options, competitive rates, and a streamlined approval
process, DFS is empowering investors to maximize their operating
capital and scale their portfolios quickly.
For more information about the new DFS Bridge Loan Program and
to learn how Dominion Financial can help you achieve your
investment goals, visit
dominionfinancialservices.com/fix-flip-loans.
About Dominion Financial Services:
Dominion Financial Services is a premier national lender
specializing in providing customized financial solutions for real
estate investors. With a focus on speed, service, and reliability,
DFS offers a full suite of lending products designed to meet the
unique needs of today's dynamic real estate investors. Since its
founding in 2002, DFS has funded more than 11,000 projects
nationally, totaling more than $3
Billion in loan originations.
Contact Information:
Brooke
Rubright
Content Manager
Dominion Financial Services
Dominionfinancialservices.com
brooke@thedominiongroup.com
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SOURCE Dominion Financial Services