FAQ

Milestone Capital operates as both a lender and a broker. If, for any reason, we cannot directly provide the funding you require, rest assured that we have an extensive network of trusted lenders. We can facilitate the funds through our brokering services, ensuring you always have multiple options. We are dedicated to offering flexibility to our investors, enabling them to secure the best rates and expedited closings. For those seeking 100% funding, our split equity opportunities are designed to cover your purchase, rehab, and closing costs entirely. Regardless of the loan type chosen, a standard 3% Broker fee applies, aligning with industry norms. We are committed to providing comprehensive solutions tailored to your real estate investment needs.

Rest assured, your privacy is our top priority. Every detail you share remains entirely confidential! If you’re seeking a trustworthy, respected company that values professionalism, empathy, and respect – your search ends here!

The funding we offer is determined by the asset you have under contract. Typically, we provide loans covering up to 90% of the purchase price and 90% of the rehab cost. Feel free to consult with our loan officers to explore how you might qualify for a 100% coverage.

Our existing business framework focuses on extending loans to real estate investors specifically for non-owner-occupied property investments. If you require funding for a property you intend to occupy, please reach out, and we can link you with one of our specialized owner-occupied funding partners.

Yes. Ask a loan officer for more details. When joint venturing with us then we can indeed provide up to a 100% financing.

We will lend up to 100% towards your purchase, rehab, and closing costs when a joint venture is established between Milestone Capital and the borrower… up to 70% of the ARV. The only out-of-pocket costs will be the Loan Application, The Appraisal Cost and The First Draw which will be reimbursed on the 2nd draw.

Typically, about 14 days after we receive all required documentation but receiving all documentation can take three to four weeks. The key factor is the amount of time it takes you and your team to supply all the supporting documentation. We can do our part in roughly 7 business days, but Investors seeking funding rarely get us the documents quickly enough and complete enough to meet that. Aim for 30 days whenever you can. Remember: If the amount of time needed to close is a factor, you probably have competition, and competition rarely translates into a good deal. Bring your deal in to discuss it with us.

The FHA Cap represents the maximum loan amount in the county the investment property is located in. To find the FHA Cap in the county where the investment property is located click on the link below:
FHA Mortgage Limits (hud.gov)

ARV stands for After-Repair Value. It is the estimated value of a property after completed renovations.

Milestone Capital is an asset-based lender, what that means is we look at the investment property you have under contract to make our decision on loan approval as well as how much we can lend on your real estate investment property.

1. Max Loan Amount: Just Bring Us Your Deal!   No cap on the loan amount if the numbers make sense. Rest assured; we will help you get it done.  Call us today for more details. 
2. Milestone Capital has lending solutions from $30,000 up to the FHA Cap in the county where the property is located and can provide additional lending solutions based on the property you have under contract and type of loan needed.
3. Rates start at 7% annualized interest with an origination fee from 0-3%, and no prepayment penalties. (Rates are based on credit score but credit score does NOT determine loan approval.)
4. Loan Term: 6 Months to 2 Years for a fix & flip. 30 Years for a buy & hold. 
5. One loan approved per applicant until proven track record. 

Milestone Capital requires an appraisal before closing. Appraisal costs vary from a minimum of $400 to approximately $700 depending on property location.

Milestone Capital requires a licensed and insured itemized contractor bid before we can process the loan.

If you have additional questions, you can reach out to us through our contact us page.