Questions? We have answers.
Frequently Used Terms:
- ARV – After Repair Value (ARV), is the estimated market value of a property after it has been renovated.
- Asset-Based Lending – loan process that focuses on the pr property’s value and deal metrics rather than personal credit. Ability to repay is considered, but terms are primarily driven by the asset.
- DSCR – Debt Service Coverage Ratio(DSCR) loan is a type of real estate loan for investment properties that qualifies the borrower based on the property’s income potential rather than their personal income or credit history.
- FHA Cap – the maximum loan limit the Federal Housing Administration (FHA) will insure for the property’s county. (Search “FHA Mortgage Limits hud.gov” to look up your area. FHA is a U.S. government agency that insures mortgages to promote affordable homeownership, particularly for first-time or low-to-moderate income buyers.
- Fix and Flip – a real estate investment strategy where an investor buys a property needing repair at a discount, renovates or “fixes” it, and then “flips” it by selling it for a profit.
- Hard Money/Private Money loan – short-term, asset-based loans, typically for real estate investors, where the loan is secured by the value of the collateral property rather than the borrower’s creditworthiness. These loans are known for faster approval process and flexible terms, and are often used on properties that traditional banks won’t service.
- Collateral DNA report (CDNA) – a comprehensive property valuation report, based on public records and appraisal data, used in the mortgage industry that provides data on a property’s value, risk, and market context such as property’s history, characteristics, neighborhood, sales, and foreclosure activity. This is a low cost report that can help you decide whether it is worth proceed with more costly a full appraisal ($400-700).
1) What services does Faber Capital Resources offer?
We provide funding solutions for Fix & Flip, Buy & Hold (DSCR), Refinance, Commercial, New Construction, and other private money loans. We also offer Proof of Funds Letters, Collateral DNA Reports, Debt Stack Reports, and high-equity off-market property-data lists to give you an advantage over other investors in your area.
2) What are the benefits of private money lending?
Private money lending offers speed and flexibility that traditional banks can’t match: fast closings, custom terms, options for properties banks won’t finance, and programs that may not use a fixed minimum credit score for certain Fix & Flip and DSCR products (credit and background can still affect eligibility, leverage, pricing, and terms). Faber Capital Resources also offers the unique advantage of 100% funding for joint-venture/split-equity projects.
3) Are you a lender or a broker, and are there fees?
Faber Capital Resources operates as both a direct lender and a broker. Depending on the product and transaction, FCR may fund directly or work through its capital network to identify an appropriate available structure. Broker, origination, processing, third-party, and closing costs vary by program and are disclosed as part of the transaction. Current examples are not a commitment to lend.
4) Do you lend on owner-occupied or consumer residential loans?
No. We fund and broker business-purpose, non-owner-occupied deals only. We do not offer consumer mortgages.
5) Is there a minimum credit score requirement?
Some Fix & Flip and DSCR programs may not use a fixed minimum credit score. FCR still reviews credit and background, and your profile can affect eligibility, rate, leverage, and terms.
6) Do I need prior experience?
Prior experience is not always required for every Fix & Flip path, but it can affect pricing, leverage, and speed. First-time investors may be considered subject to the complete transaction, documentation, and final approval.
7) How do you decide the amount to lend?
The amount available depends on the property, purchase price, rehabilitation budget, supported value, borrower profile, experience, reserves, market, and active program. Existing bridge and fix-and-flip options may provide up to 90% of purchase and up to 100% of eligible rehabilitation costs, subject to an applicable ARV ceiling and final underwriting. Qualifying JV transactions may provide a different structure.
8) Can I get 100% financing?
Qualifying joint-venture transactions may be structured to cover up to 100% of purchase, eligible rehabilitation, and eligible closing costs when the complete project falls within current program limits, including the applicable ARV threshold. “100%” does not mean automatic approval, zero financial responsibility, or availability for every property or investor. The executed agreement controls the final contributions, responsibilities, payments, profit split, and exit.
9) What does “True 100% Funding” mean?
Qualifying joint-venture transactions may be structured to cover up to 100% of purchase, eligible rehabilitation, and eligible closing costs when the complete project falls within current program limits, including the applicable ARV threshold. “100%” does not mean automatic approval, zero financial responsibility, or availability for every property or investor. The executed agreement controls the final contributions, responsibilities, payments, profit split, and exit.
10) What’s the Joint Venture (JV) Program?
Designed for contractors/investors who want to build wealth as partners. Contractors still earn their contractor fee. You share in profits at sale.
• Profits are allocated according to the executed agreement and final closing statement. The JV program may not use a fixed minimum credit score or prior-experience threshold; the complete transaction, background, execution plan, and final approval still apply.
11) Who qualifies for the JV Program?
Contractors and investors may be considered, subject to complete review and program requirements. Motivation and reliability matter, and final eligibility depends on the full transaction and underwriting.
12) How do I get started with a JV deal?
Submit a contracted deal (or purchase high-equity off-market leads from us to find a deal), review/confirm numbers together, agree on scope/budget/split, complete the rehab on budget with interest-only payments, then allocate profits at sale according to the executed agreement and final closing statement.
13) Why do contractors choose Faber Private Lender Company?
We offer partnership, not just financing: transparent profit-sharing, agreed scope/budget/split up front, and a path to long-term wealth as you evolve from contractor to investor. JV eligibility is subject to complete review and program requirements rather than absolute “no credit/experience” claims.
14) How long does it take to close?
Closing time depends on the transaction and when a complete, acceptable file is received. Some files may be capable of closing in approximately 14 business days after required documentation and due diligence are complete. Investors should generally allow about 30 days and respond promptly to document requests. Faster outcomes are never guaranteed.
15) What are your loan terms?
Program parameters change and the final terms depend on the complete transaction. Current options may include funding amounts beginning near $30,000, short-term fix-and-flip structures of approximately six to 24 months, and long-term rental or refinance options extending up to 30 years. Rates, points, fees, leverage, appraisal requirements, reserves, and prepayment terms are provided during the deal review and are subject to final approval.
16) Do I need an appraisal, and what does it cost?
Yes. Typical range is ~$400–$700, depending on property and location.
17) Do I need a licensed/insured contractor bid?
In most cases, yes. We require an itemized bid to ensure project accuracy and budget integrity.
18) Is my information kept confidential?
We treat client information as confidential and handle it according to our Privacy Policy and approved secure systems. We operate with professionalism, transparency, and respect for the privacy of investors and partners.