Business-purpose real estate loans
Etiver lends to real estate investors on bridge, renovation, new construction and rental loans, from single-family homes to apartment buildings. Tell us about the deal and see preliminary terms before you leave the page.
Loans
Buy it, fix it, build it or hold it. Every loan is underwritten on the property and your plan for it, so the structure fits the way the deal actually works.
Fast capital for a property that doesn't need major work. Close quickly on a purchase, pull equity out of a property you already own, or buy time to sell, lease up or refinance.
Purchase and renovation in one loan. We fund part of the purchase at closing and hold the renovation budget in reserve, released in draws as the work gets done. Sell when it's finished, or refinance into a rental loan and keep it.
Land, construction and interest in one loan for new homes, ADUs and small multifamily. Draws follow your build schedule, and a built-in interest reserve covers payments while you build. Land you already own counts toward your equity.
Long-term financing that qualifies on the property's rent, not your personal income or tax returns. Rent from a permitted ADU can count toward qualifying. Built for investors holding homes and small buildings for the long run.
Apartment buildings are underwritten like the businesses they are: on net operating income, with a full rent roll and operating expenses. Use a bridge or value-add loan to buy, renovate units and lease up, then move to long-term financing once the building is stabilized.
| Property | Bridge | Fix & Flip | Ground-Up | Rental (DSCR) |
|---|---|---|---|---|
| Single-family, condo, townhome | Yes | Yes | Yes | Yes |
| Home with an ADU | Yes | YesIncluding adding one | YesBuild both together | YesPermitted ADU rent counts |
| 2 to 4 units | Yes | Yes | Yes | Yes |
| 5+ units | Yes | YesValue-add | Not today | YesStabilized buildings |
Properties
A house, a fourplex and a 20-unit building are priced by the market in different ways. We underwrite each one the way it's actually bought and sold.
Detached homes, townhomes and condos, valued on comparable sales. ADUs get specific treatment, because they change both value and rent:
Duplexes, triplexes and fourplexes, valued on comparable sales of similar buildings and checked against their rents. Rent is underwritten unit by unit from your rent roll, so a vacant unit or a below-market lease is handled accurately.
Valued on net operating income, the way commercial buyers price them. We look at income today and after your plan, occupancy, expenses and debt yield, so a value-add building is sized on both where it is and where it's going.
We don't lend onOwner-occupied homesShort-term or vacation rentals
How it works
The property, the numbers and your plan. We estimate taxes and insurance for you, and only ask what your loan type needs.
Right away: your estimated loan amount and what's setting it, with a PDF summary sent to your inbox.
An Etiver underwriter reviews the deal, orders the appraisal and asks for the documents we need.
In as few as 10 days once your file is complete.
You see the loan amount and what's limiting it, whether that's value, cost, rent or budget, so you know what would change the answer.
Software runs the math instantly. Experienced underwriters review every deal before anything is final.
Every deal is measured against the same written guidelines, so you know where you stand from the first conversation.
FAQ
No. They're an estimate based on what you tell us. Final terms depend on underwriting, the appraisal and your documents, and we'll tell you if anything changes and why.
Not for rental loans: they qualify on the property's rent. For bridge, renovation and construction loans we look at the deal itself, your experience and your liquidity.
New investors are welcome on bridge, fix and flip and rental loans, and experience can improve your terms. Ground-up construction requires at least one completed project, and 5+ unit loans require experience operating rental property.
No. Etiver makes business-purpose loans on investment property only. Most investors borrow through an LLC or other entity.
Typically the purchase contract (if you're buying), your renovation or construction budget, leases or a rent roll for rented property, entity documents, recent bank statements and a list of past projects. We'll send a checklist specific to your loan.
Not today. Rental loans are underwritten on long-term leases.
No SSN or credit pull to apply.