A Commitment to Lending with Integrity.
Meeting all of your real estate borrowing needs.
An independent private money brokerage
AJLenders LLC is an Independent Private Money Brokerage. We work with a handful of lenders to provide our clients with the best services, lowest rates and fast responsive closings essential for real estate investors.
We provide a wide variety of real estate investment loans to our clients. At AJLenders we can provide term sheets the same-day and financing within 15 to 25 business days depending on the type of loan. While banks can take 2-3 months to approve and fund a real estate investment property, private money real estate investment lenders can approve and finance within weeks.
The main requirement for obtaining real estate investor financing is having sufficient funds for a down payment or equity in an existing property. A down payment of at least 20-30% is generally required for real estate investment financing. For refinancing existing real estate investments, the borrower will need to maintain equity of at least 25% (allowing a cash out up to 75% of the property’s value).
100% Fix N Flip/Fix to Rent Loans
100% Purchase Price & 100% of Rehab
Loan amount:
$75k-$2m
Up to 75% of ARV
3.5 Points
680 FICO and 3 prior completed projects with 36 months for 70%,
700+ FICO for Min loan $500k for 75% (1-4 only)
NO DOWN PAYMENT
DSCR Rental Loan Program
Property Type:
Single family, condos, townhomes, multi-family 2-4 units, mixed use
30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1) & Interest-Only Options Available
Loan Amount:
$75K – $10MM Purchase: Up to 85% of the As-Is Value
Refinance Rate and Terms: Up to 80% of the As-Is Value
Refinance Cash-Out: Up to 75% of the As-Is Value
Minimum Credit Score 640
Rates Starting at 6.9% “As Is” Appraised Value
Must Be $85k or Greater (Geographical Restrictions May Apply)
100% Premier Ground Up Construction
100% Premier Ground Up Construction / Premier Land Purchase and Ground Up Construction/ Teardown projects 100% Constructions Costs.
NO LTC Cap!
Loan Amount:
$75k-$2m Up to 70%
As Completed Value 680+ FICO and 3 prior completed projects within 36 months for or 3 fix and flips with at least 1 large rehab (Comparable to Construction of GU) *Rate 12.125%+ will have to confirm if lower/higher at time of application
Recently Funded Projects
1810 McCulloh St
Baltimore, MD
5 Family Rehab
$422k Funded
Purchase + Rehab Cost
3702 Reisterstown Rd
Baltimore, MD
30 Year Fixed DSCR
$192k Funded
Refinance Cashout