When searching for a hard money lender, it is imperative that you choose one that fits your needs as a borrower. At Avalon Capital, we strive to check all of the boxes for our borrowers. Since 2019, we have been a trusted lender for hard money financing in Memphis and the Mid-South. We pride ourselves on three major qualities: fast approvals, flexible financing, and local knowledge of the Memphis market.
In order to move quickly in the real estate market, you must have access to efficient funding—and at Avalon, we understand this. Slow financing approvals can cause investors to miss out on high-performing opportunities, especially in the Memphis market, where demand moves quickly. Lengthy approval timelines often result in lost deals or stalled projects. Our streamlined underwriting process allows qualified borrowers to receive approvals quickly and close on investment properties in as little as 48 hours, helping you secure deals before your competitors.
Unlike traditional banks, our loans are based on the value of the property, not your personal income. We only require a soft credit pull, meaning it will not affect your credit score. Avalon Capital offers private money loans of up to 75% of the after-repair value (ARV). We determine ARV using comparable sold listings near the subject property that have sold within the past six months. Borrowers must show at least 10% of the requested loan amount in reserve funds. Strategy is key, as our loans are designed to be paid off within six months at an interest rate of 12%.
We have over 30 years of real estate experience in the Memphis and Mid-South areas. Our team has the knowledge and background to help borrowers make decisions that are in their best interest. When we say yes to our investors, we mean it, we won’t back out when you need us or change course while you’re preparing your next steps.
Our expertise in the Memphis market means that when we approve a deal, we truly believe it is a sound investment. Our team evaluates each property and its surrounding area in person to ensure it has strong potential. If we say no, it’s because we’ve identified risks related to the property, area, or market that may not be immediately apparent. We value our borrowers and strive to guide them toward investments that reach their highest potential.
