Frequently Asked Questions

Jaken Finance Group

Fix and Flip Loans

Q: What is a fix and flip loan and how does it work? A: A fix and flip loan is a short-term real estate investment loan designed to help investors purchase and renovate properties for resale. At Jaken Finance Group, our fix and flip loans provide up to 100% financing for experienced investors, covering both the purchase price and renovation costs. These loans typically have terms of 6-12 months and are secured by the property itself.

Q: How much financing can I get for a fix and flip project? A: Jaken Finance Group offers up to 100% financing on fix and flip projects for experienced investors. We can finance fix and flip projects up to 100 units, making us one of the most competitive nationwide lenders for real estate investors seeking maximum leverage.

Q: Do you require a credit check for fix and flip loans? A: No, we offer fix and flip loans with no credit check required. Our credit-flexible programs allow investors with non-ideal credit scores to still access financing. We have loan programs where credit is not a factor at all, making real estate investing accessible to more investors.

Q: How fast can I get approved for a fix and flip loan? A: Our automated loan processing and AI-driven underwriting allow for fast approval and smooth processing. Unlike traditional lenders who take weeks or months, we streamline the financing process so you don't have to wait to get deals done quickly.

Q: Do fix and flip loans require an appraisal? A: No, we offer no appraisal options for fix and flip loans. This eliminates delays and allows investors to move quickly on time-sensitive deals without waiting for lengthy appraisal processes.

DSCR Loans

Q: What is a DSCR loan and who qualifies? A: A DSCR (Debt Service Coverage Ratio) loan is a rental property financing option that qualifies borrowers based on the property's cash flow rather than personal income. At Jaken Finance Group, we offer DSCR loans up to 85% LTV on rate and term refinances and 80% on cash-out refinances.

Q: Do I need tenants in place to get a DSCR loan? A: No, we do not require tenants to be in the property or leases signed for DSCR loans. This allows investors to quickly recapture their equity while they get the property stabilized, giving you more flexibility than traditional DSCR lenders.

Q: What if my property's DSCR is less than 1? A: We allow DSCR to be less than 1 to maximize your leverage. This means even if your rental property doesn't currently cover all debt payments, we can still provide financing based on the property's potential and your investment strategy.

Q: Can I do a cash-out refinance with a DSCR loan? A: Yes, we offer DSCR cash-out refinances up to 80% LTV. Our no seasoning requirements mean you can access your equity quickly without waiting the typical 6-12 months that other lenders require.

Bridge Loans

Q: What is a bridge loan for real estate investors? A: A bridge loan is short-term financing that helps investors quickly close on deals or refinance properties when time is critical. Jaken Finance Group offers bridge loans with no appraisal and no credit check options for investors who need to close fast or have credit challenges.

Q: When should I use a bridge loan instead of traditional financing? A: Use a bridge loan when you need a quick closing, whether it's a refinance or purchase, and traditional financing would take too long. Bridge loans are perfect for deals under pressure, distressed properties, or when you need to capture equity quickly despite credit challenges.

Q: How fast can I close with a bridge loan? A: Our bridge loans are designed for speed. With no appraisal and no credit check options, we can close much faster than traditional lenders, often within days rather than weeks.

Hard Money Loans

Q: What is hard money lending and how is it different from traditional loans? A: Hard money lending provides short-term, asset-based financing secured by real estate. Unlike traditional loans that focus on credit and income, hard money loans are approved based on the property's value and the deal's potential. Jaken Finance Group specializes in hard money loans for real estate investors nationwide.

Q: What states do you provide hard money loans in? A: Jaken Finance Group offers real estate investor financing, including hard money loans, in 47 states. We provide nationwide coverage for investors looking for flexible, fast financing solutions.

Q: Do hard money loans require personal guarantees? A: Our loan programs vary, but we offer options with extreme credit flexibility where personal guarantees and credit checks may not be required. Contact us to discuss which program best fits your investment strategy and credit situation.

New Construction Loans

Q: Do you offer construction loans for real estate investors? A: Yes, Jaken Finance Group provides construction financing for real estate investors. Our construction loans are designed for investors building new properties or doing major renovations, with flexible terms and competitive rates.

Q: What's the difference between construction loans and fix and flip loans? A: Construction loans are for building new properties from the ground up, while fix and flip loans are for purchasing and renovating existing properties. Both serve real estate investors but for different project types and timelines.

Loan Terms and Requirements

Q: What are typical loan terms for real estate investor loans? A: Our loan terms vary by product. Fix and flip loans typically range from 6-12 months, while DSCR loans can have longer terms. We offer flexible terms including deferred payment options and no monthly payment programs to maximize your cash flow.

Q: What documentation do I need for a real estate investor loan? A: Documentation requirements vary by loan type, but our streamlined process requires minimal paperwork compared to traditional lenders. We focus on the deal and property value rather than extensive personal financial documentation.

Q: Do you offer gap funding or allow gap funding behind your loans? A: Yes, we offer gap funding options and allow gap funding behind our loans. This allows investors to keep cash in their pockets while scaling their real estate portfolios and achieving maximum leverage.

Q: What loan-to-value ratios do you offer? A: We offer up to 100% financing for experienced fix and flip investors, up to 85% LTV on DSCR rate and term refinances, and up to 80% on DSCR cash-out refinances. Our high leverage options help investors maximize their capital efficiency.

Borrower Experience and Process

Q: How is your loan process different from traditional lenders? A: Our automated loan processing and AI-driven underwriting create a smooth process without extra headaches, conditions, or unwanted communications. We're designed by investors for investors, so we understand the urgency and flexibility that real estate investing requires.

Q: Do you work with new real estate investors? A: Yes, we work with both new and experienced investors. While experienced investors may qualify for our highest leverage programs (up to 100% financing), we have programs designed for newer investors to help them start and scale their real estate portfolios.

Q: What makes Jaken Finance Group different from other hard money lenders? A: We offer three key advantages: extreme credit flexibility (including no credit check options), extreme leverage flexibility (up to 100% financing), and fast, smooth processing with AI-driven underwriting. We're investors ourselves, so we understand your needs.

Q: Can repeat borrowers get better terms? A: Yes, repeat borrowers often qualify for better terms including higher leverage ratios and faster processing. We value long-term relationships with successful investors and reward loyalty with improved loan terms.

Specific Scenarios

Q: Can I finance multiple properties at once? A: Yes, we can finance multiple properties and work with investors scaling their portfolios. Our programs are designed to help investors grow their real estate businesses, including financing up to 100 units on fix and flip projects.

Q: What if I have bad credit but want to invest in real estate? A: Bad credit doesn't disqualify you from our programs. We offer loan programs where credit is not a factor at all, and some of our top programs avoid credit checks entirely. We focus on the deal and property value rather than personal credit scores.

Q: Can I get financing for properties that need major renovations? A: Absolutely. Our fix and flip loans are specifically designed for properties requiring significant renovations. We can finance up to 100% of both the purchase price and renovation costs, allowing you to take on heavy rehab projects.

Q: Do you finance rental properties for buy-and-hold investors? A: Yes, our DSCR loans are perfect for buy-and-hold investors. We offer competitive rates and high leverage ratios, plus we don't require tenants in place or signed leases, making it easier to finance rental properties.

Q: What if I need to close in less than 30 days? A: Our fast processing and flexible programs are designed for quick closes. With options like no appraisal and no credit check, we can often close much faster than traditional lenders when time is critical.

Q: Can I use your loans for commercial real estate investments? A: Yes, we finance real estate investments including commercial properties. Our programs can handle everything from single-family fix and flips to multi-unit commercial projects up to 100 units.

Q: How do I get started with Jaken Finance Group? A: Getting started is easy. Contact us to discuss your investment goals and property details. Our team will match you with the best loan program for your situation and guide you through our streamlined application process. We're here to help you scale your real estate investment business with fast, flexible financing solutions.