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
Construction · New Construction
Ground-up construction loans for builders and investors.
Financing for spec homes, infill builds and build-to-rent projects, with construction funds released in draws as the build progresses.
What you can use it for
- Spec homes
- Build-to-rent
- Infill lots
- Duplex to fourplex
What we look for
Build experience, a complete budget and plans, permits or a clear path to permits, and a realistic exit. Tell us about the project and we will tell you how we can structure it.
Built to rent?
When construction is finished and the units are leased, refinance into long-term DSCR rental financing.
Common questions
Can I use land I already own as my equity?
Yes. Eligible lot equity may count toward your required contribution, subject to valuation and underwriting.
How much of the project will you finance?
Up to 85% of total cost (lot plus construction budget), capped at 70% of the completed value. Equity you already have in the lot counts toward your contribution.
Do you fund the lot purchase?
We can structure a loan that includes the lot. Terms depend on the project and your experience.
How are construction draws paid?
Draws are released as work is completed and inspected. Submit requests through the Borrower Center.
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
Alabama only
Tax Deed Rehab
We fund the renovation and the quiet title on Alabama tax deed properties.
- Rehab funds + title clearing
- Quiet title escrow at closing
- You must already hold the deed
“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.”
Current borrowers
Manage your loan
Make a payment, request a draw or get a payoff statement. No phone call needed.