CoreVest Reviews

Learn more about the hard money lender CoreVest. Includes information on loans, features, and frequently asked questions.

Updated on August 18th, 2022

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CoreVest, previously known as Colony American Finance, is a hard money lender that provides rental loans, bridge loans, build for rent, and multifamily loans.

Loan Details:

Loan Type

Terms

Rates

Loan Amounts

Rental Loans

5, 7, or 10 years

Up to 75% of value

$500K - $100M+

Bridge Loans

18 - 24 months

Up to 80% of cost

$200K - $50M

Build for Rent

5 or 10 years

Up to 80% LTC or 75% LTV

$3M - $50M+

Multifamily /CRE Loan

5 or 10 years

Up to 75% of value

$1M - $100M+

Multifamily /CRE Bridge financing

18 - 24 months

Up to 75% of cost

$2M - $25M+

CoreVest
Review:

Pros: Large, long-term loan amounts, no minimum credit score required.

Cons: DSCR of 1.25x is required for multifamily loans under $2M.

Bottomline: CoreVest is a good hard money lending company for real estate portfolio lenders.

Key Information:

Legal Name

CoreVest American Finance Lender

Founder

Beth O'Brien

Founding Date

Jan 01, 2014

Address

1920 Main Street Suite 850 Irvine, CA 92614 United States

Number of Employees

125

Number of Customers

99

Email

info@cvest.com

Telephone

1 (844) 223-7496

Website

https://www.corevestfinance.com/

FAQs:

What is CoreVest?

CoreVest is a hard money lender that specializes in residential real estate and providing affordable financing solutions to residential investors.

What are CoreVest's interest rates?

CoreVest has fixed interest rates depending on the type of loan you apply for and the amount you qualify for.

What are some CoreVest alternatives?

  • Jet Investor Lending.
  • Source Capital Funding, Inc.
  • Investmark Mortgage.
  • Sherman Bridge Lending.
  • Wilshire Quinn.
  • Patch of Land.
  • Noble Mortgage & Investments.