platform and propriety data models enables them to deliver new bench-
marks for speed, transparency and flexibility to borrowers and brokers;
traditional banks and hard money lenders simply can’t compete.
Their differentiator is providing borrowers with financing solutions
that are completely transparent, top-notch customer service, and instant
online quotes. They pride themselves in providing real estate investors
with simple, quick and reliable online lending.
THE REHAB LOAN
AssetAvenue’s flagship loan product is their rehab loan. Some
unique features of the fix-and-flip loan product is lower rates than hard
money lenders, no junk fees, free quotes without doing a credit check,
and 10-day funding.
Customers like Scott Moore with BBS Development have high
praise for AssetAvenue’s rehab loan, “I wouldn’t have been able to
close and be awarded the property without AssetAvenue.”
THE 30-YEAR RESIDENTIAL
FIXED RATE RENTAL LOAN
Many income property investors haven’t been finding the love they
expected when shopping for deals and investment property loans. Some
lenders and turnkey property promoters have tried, but just haven’t been
able to create a product that fits well. AssetAvenue is a mortgage lender
specifically created to fund investors.
Jacqueline Thomas tells us that the 30-year fixed has been in high
demand. “It just makes sense,” she says, adding: “Our real estate inves-
tors asked for a product that would expand their investment portfolio
and we delivered. The new loan product is to finance the purchase of
rental properties, including single-family homes, two to four multi-
tenant units, condos, and townhouses.”
Thomas further explains that rental loan approval is primarily driven
by the property’s rental income, with minimal requirements regarding
personal earnings. AssetAvenues’ unique features open up alternative
capital and credit for entrepreneurs who are often rejected by traditional
lenders.
The rental loan
approval is primar-
ily driven by the
property’s rental
income, with min-
imal requirements
regarding person-
al earnings. This
unique feature
opens up alter-
native capital and
credit for entre-
preneurs who are
often rejected by
traditional lenders.
IS THIS THE PATH FOR YOU?
Indicative transactions and references from others on the site reveal
both real estate brokers and investors have found this channel extremely
valuable, if not invaluable in saving deals that have run into challenges.
In an industry with numerous financial resources running on impersonal
automation, it’s evident that AssetAvenue truly listens and understands
what it takes to set investors up for success. What’s going to be really
exciting is seeing what loan program features this tech- savvy lender
will roll out next.
For more information or to get a quote online, please visit:
http://assetavenue.com
Realty411Guide.com
PAGE 43 • 2016
reWEALTHmag.com