Provost Capital
Secured Real estate Lending
  
Provost Capital LLC is a direct private lender making loans to fund the purchase of real estate properties by investors looking to rehab either as a Fix&Flip or a Fix&Rent.
 
With a deep and committed pool of investor capital, Provost is able to make quick and efficient loan decisions, provide proof of funds letters and fund purchases with a very short turnaround time. 
Loans

Provost Capital, LLC

Loan Information and Requirements:  
  • Loan interest rates vary from 9-11%
  • Origination Points range from 1-4% and can be deferred to loan maturity/payoff
  • Loan terms from 6mo-5yrs though most are less than 13mo. 
  • There are No prepayment penalties
  • For shorter loans, payments can be paid monthly (interest only) or at maturity
  • Max LTV ranges from 70-75% of ARV (After Repair/Rehab Value)
  • For fix & Flips, we can fund up to 90% of the purchase & 100% of the rehab
  • We only lend to investors financing non-owner occupied properties
  • Our loans almost always require a first lien position on the propertY
  • We require a personal guarantee on most loans
  • minimum FICO is required but verification of employment & income not required
  • Once approved, we can issue a Proof of Funds Letter to ease property purchase. 
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(1) Loan terms are subject to change and subject to our due dilligence and borrower meeting underwriting criteria 

What Determines Points & Rate?

 
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What Determines LTV?

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