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Updated about 6 years ago on . Most recent reply
Rehab/construction loan in Philadelphia
Dear BP community,
I was wondering, if anyone of you could recommend an honest and reliable lender for a rehab loan in Philly?
Thank you all in advance,
Eli K.
Most Popular Reply
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@Eli M. Walnut Street Finance lends in the Philadelphia area. You can view our ratings as well or check out or testimonials section of our website to get a sense for the experience we've provided for our borrowers.
We finance 100% of the closing costs, we set aside a 6-month interest reserve so that you're not making interest payments the first 6 months, we finance 100% of your rehab/renovation budget, and we can close as quick as 5 days (we've even done it in 3). We look at all of our deals as a partnership with our borrowers. We've even attended over 50% of the closings of our loans to make sure our borrowers were comfortable with everything.