Disclosures

Business-purpose lending

Simple Money Lenders makes business-purpose loans to real estate investors. We do not offer consumer mortgages or loans on owner-occupied primary residences. All loans are subject to underwriting, property evaluation, and final approval.

If you are looking to finance a home you intend to live in, these programs are not for you and we will tell you so rather than take the inquiry.

Where programs are available

Investor financing programs available in most U.S. states. Not currently available in Alaska, Hawaii, New Hampshire, North Dakota, South Dakota, or Vermont. Arkansas is limited to long-term rental financing.

Availability is by program and can change. Confirm current availability for your market before relying on it.

How to read the program guidelines on this site

Program guidelines shown are maximum or minimum parameters, not an offer of credit. Every loan is subject to borrower, property, transaction, state, underwriting, and final approval.

Figures shown as leverage, loan size, minimum credit score, or minimum debt service coverage ratio describe the outer edge of a program, not a typical or expected outcome. A deal that meets every published guideline can still be declined.

No rate, annual percentage rate, points, fee, payment amount, or closing timeline is published on this website. Those depend on the specific transaction and are provided in writing as part of the actual lending process.

Equal credit opportunity

We do not discriminate against any applicant on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of an applicant's income derives from a public assistance program, or because an applicant has in good faith exercised any right under the Consumer Credit Protection Act.

The inquiry form does not ask for and does not consider any of the characteristics above. The priority indicator attached to an inquiry is based only on investing experience, cash available to close, and how soon you need to close. It is a scheduling aid for deciding who to call back first. It does not approve or decline anything, and every inquiry reaches William regardless of what it says.

No guarantee of approval

Nothing on this website is a guarantee of approval, funding, rate, term, or closing date, and no statement here should be read as one. Approval decisions are made by the lender through underwriting after review of the borrower, the property, and the transaction.

Contact

Questions about anything on this page go to simplified.rei1@gmail.com, or call (716) 870-2285.