CoreVest Reviews
Learn more about the hard money lender CoreVest. Includes information on loans, features, and frequently asked questions.
Updated on November 20th, 2019
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CoreVest, previously known as Colony American Finance, is a hard money lender that provides rental loans, bridge loans, and pre-approved credit lines. CoreVest custom builds loans for residential real estate investors.
Loan Details:
Loan Type | Terms | Rates | Loan Amounts |
|---|---|---|---|
Rental | 5, 7, 10, & 30 years | Up to 70% of value | $67,500 - $100,000 |
Bridge | 12 - 24 months | Up to 90% of cost | $150,000 - $50,000,000 |
Multifamily / CRE | 12 - 24 months, 5 years, 10 years | Up to 85% of cost | $1,000,000 - $50,000,000 |
Review:
Pros: Large, long-term loan amounts, no minimum credit score required.
Cons: Does not offer large scale property loans of more than $100 million.
Bottomline: CoreVest is a good hard money lending company for real estate portfolio lenders.
Key Information:
Founded | 2014 |
Founder & CEO | Beth O'Brien |
Number of Employees | 51 - 100 |
Email address | info@cvest.com |
Contact number | 1 (844) 223-7496 |
Website |
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.