SEEKING CAPITAL FOR YOUR NEXT DEVELOPMENT?
The following criteria should be considered by Borrowers before sending a funding request.
At Ignite Funding, we offer the following loan types:
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Financing or refinancing of non-primary residential or income-producing commercial structures
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Acquisition or refinancing of undeveloped land
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Development and construction of residential or commercial projects
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Acquisition of distressed assets from regional banks, the FDIC, and other lenders
Ignite Funding generally lends within the following loan-to-value ratio ranges depending upon property type, location, and other relevant factors associated with the property for developers seeking capital:
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Land Acquisition | Up to 65% of the acquisition value of the land
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Development | Up to 70%
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Construction | Up to 75%
The per loan funding limits are $500,000 to $15 million.
Loan terms are generally between 9 to 18 months. Extensions may be offered subject to additional fees. Longer term loans are considered on the overall project viability and strength of the borrowing entity.
Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas NV 89119 | P 702.739.9053 | T 877.739.9094 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.