Casey's Corner: Get Your Money in 60 Seconds: Quick Steps to Funding
Need Fast Funding for Your Real Estate Investment? FasterFunds Lending Has You Covered!
When you’re in the fast-paced world of real estate investing, securing funding quickly can make or break your deal. At FasterFunds Lending, we specialize in providing hard money loans to help real estate investors get the capital they need—fast. Whether you’re working on a fix-and-flip, BRRRR strategy, or rental investment, we ensure a quick, hassle-free lending process so you can close deals with confidence.
In this guide, we’ll walk you through the step-by-step process of obtaining your hard money loan in record time.
Step One: Pre-Approval Process
Before you can get funding, you need to be pre-approved. This is a simple process where we review your application and financial standing. Unlike traditional banks, FasterFunds Lending does not require a perfect credit score—we focus on the property and the investment potential and would like to see your credit score at a 640 and above.
What You’ll Need for Pre-Approval:
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$50 Application fee (paid on website)
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A completed pre-approval application (available on our website)
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Most Recent Tax Returns (Not W2)
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3 Months of Bank Statements. Our requirement is that you have $10k in reserves over a consecutive 3 months. This can be in combination of several bank accounts.
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Drivers License/ State ID
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(If Applicable) Signed Operating Agreement & Articles of Organization
With pre-approval in place, you’re ready to move forward when you find a great investment property.
Step Two: Property Under Contract
Once you have a property under contract, it’s time to submit your loan request. Our team at FasterFunds Lending will evaluate the deal based on the after-repair value (ARV) and potential return on investment (ROI). Since we’re a local hard money lender in St. Louis, we understand the market and can approve your loan quickly. We walk every property that approve.
What We Evaluate:
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Purchase price vs. ARV
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Scope of work needed for repairs
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Exit strategy (fix-and-flip, BRRRR, rental, etc.)
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Your investment experience (beginners welcome!)
Step Three: Loan Approval
Once your deal is analyzed and approved, we finalize the hard money loan terms. Unlike traditional bank loans that take weeks to process, we can approve and fund your deal in just a few days.
Loan Terms Overview:
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Loan Amount: Based on ARV and property condition
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Interest Rates: Competitive rates for short-term real estate loans
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Funding Time: As little as 24-48 hours after approval
Once approved, you’re on your way to closing and securing your next profitable deal!
Bonus Step: Accessing Rehab Funds
One of the biggest advantages of using a hard money loan with FasterFunds Lending is our ability to finance rehab costs. If you’re tackling a fix-and-flip or BRRRR project, you’ll need rehab funds to complete renovations. Here’s how it works:
How to Access Rehab Funds:
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Submit a draw request with itemized repair costs
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Our team will inspect the work completed
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Funds are released quickly, keeping your project on track
This flexible funding ensures you stay on schedule and maximize your investment potential.
Conclusion
Securing fast funding doesn’t have to be complicated. With FasterFunds Lending, you can get pre-approved quickly, have your loan approved in days, and access rehab funds with ease. Whether you’re looking for a fix and flip loan, BRRRR loan, or short-term real estate loan in St. Louis, we’re your go-to hard money lender.
Ready to fund your next deal? Apply now at FasterFunds Lending and get your money in no time!
Related Resources:
By following these steps, you can secure your hard money loan quickly and take advantage of profitable real estate opportunities. Let’s get funding—fast!
