Our specialty
Small-Balance DSCR
30-year rental loans for the lower-priced homes that other lenders turn down.
- Loans $50,000–$74,999
- Home value $75,000+
- Qualify on rent, not income
Alabama only · Tax Deed Rehab
Your tax deed has no clear title. We lend on it anyway.
Most banks and national lenders won't touch a property until the title is cleared. We fund the renovation and the quiet title action together, so you can fix the house while the title is being cleared.
How it works
Fix the house while the title clears.
We fund the renovation and the quiet title action together, so you can fix the house while the title is being cleared.
Alabama tax deed properties
Before you apply: you must already hold the tax deed. We fund the rehab and quiet title, not the auction bid.
You win the deed
You buy the tax deed at the county sale and receive the deed.
We fund the rehab and the title work
Renovation funds are released in draws. A quiet title escrow is set up at closing and paid to the attorney.
The title is cleared
The quiet title action goes through the courts while your crew works on the house.
Sell it or keep it
Sell with a clear title, or refinance into one of our DSCR rental loans and keep the house.
What you can use it for
- Tax deed renovation
- Quiet title action
- Flip after title clears
- Refinance to DSCR
Why tax deed properties need a different lender
An Alabama tax deed does not come with clear, insurable title. Until a quiet title action is completed, most lenders will not lend and most title companies will not insure. That leaves investors paying cash for the renovation and waiting months to sell or refinance.
We lend at the start. Our loan covers the rehab budget, and the quiet title cost is escrowed at closing and paid to the attorney handling the case, so the title work and the renovation move forward at the same time.
Common questions
Do you fund the purchase at the tax sale?
No. You need to already hold the tax deed when you apply. We fund the renovation and the quiet title action.
Who handles the quiet title?
A real estate attorney files and handles the quiet title action. The cost is set aside in escrow at closing and paid to the attorney.
What happens when the title clears?
You can sell the property with clear title and pay off the loan, or refinance into a long-term DSCR rental loan and keep it.
Do you lend on tax deeds outside Alabama?
This program is for Alabama tax deed properties.
Check your property
See if your property qualifies
Other programs
More ways to fund your deal
Rental
DSCR Rental
Long-term financing for single rentals and portfolios.
- Loans $75,000+
- Home value $100,000+
- 30-yr fixed, purchase or refi
Short-term
Fix & Flip
Purchase and renovation funds in one loan, funded from our own capital.
- 80% of purchase price
- 100% of rehab
- Up to 70% of ARV
Short-term
Bridge
Close quickly now, then stabilize or refinance into a DSCR loan.
- Interest-only payments
- Purchase or refinance
- Rental, BRRRR, short-term rental
“Simple Funding was able to fund my deal when no one else could! Highly recommend.”
“I was able to fund my tax deed rehab and clear the title – these guys are experts in their field.”