Universal Capital provides short-term financing for real estate investment properties.
Universal Capital provides short-term financing for real estate investments.
Founded in 2011, Universal Capital opened its doors to offer common sense lending to real estate investors looking for easier access to capital for their investments.
After the last market crash, investors were effectively cut off from traditional loans due to self-employment, creative tax returns, credit issues as a result of lost business, etc... Universal Capital takes a different approach to lending. We look at the collateral first and the borrower second. While the borrower's background and credit is considered, our focus is what the value is relative to our loan amount.
Because we are not a bank and are a direct lender without investors to answer to we can close loans quickly, sometimes in a matter of days. We can also issues renovation/construction draw checks immediately without delay.
To learn more about Universal Capital and the loans offered, visit www.uclend.com or call 800.259.1614.
Our mission is to offer tremendous service to our clients whether that is in fast closings, an easy draw process, or a 2nd set of eyes for their investment decisions to help ensure they are successful in each venture.
Our philosophy is to use the same process to underwrite every loan, never waiver from our core beliefs in lending, and treat clients with respect the same way we would expect to be treated.
TYPES OF LOANS:
1. Rehab/Renovation loans for Fix & Flips or Fix & Holds
2. New Construction
3. bridge financing ("gap lending")
4. Land - commercial & residential
NON-OWNER OCCUPIED HARD MONEY/ BRIDGE LOANS:
1. Loan to After Renovation Value (ARV) ratios up to 70%-80%
2. Capital investment from borrower typically 10% to 15% on purchases
3. Loan sizes generally $100,000 to $3 million
4. 6-month term loans – extensions possible
5. Interest-Only - contact us for rate and fees
6. Funds can be used for purchase, refinance, or cash-out
7. Credit not the contributing factor for decisions, no min scores
8. Must close in the name of a business entity and be an investment property
WHY UNIVERSAL CAPITAL?:
1. We are a direct lender using our own capital to invest
2. Simple loan application process - collateral is the primary factor for approval
3. Clients can leverage our decades of experience and contacts
4. Fast closings/ direct payments to sub-contractors/ quick response time to draw requests
