|Loan Amount||Up to $5,000,000|
|Loan Term (Years)||N/A|
Where does Best Capital Funding do business?
Best Capital Funding is a direct lender based in Chatsworth, CA. The company was founded in 2008 and offers mortgages to borrowers in 12 states.
How much can you borrow via Best Capital Funding?
Best Capital Funding allows borrowers to apply for loan amounts of up to $5,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
Does Best Capital Funding charge a mortgage origination fee?
Yes, Best Capital Funding may charge a loan origination fee.
What mortgage programs does Best Capital Funding offer?
Best Capital Funding offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Best Capital Funding allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Best Capital Funding allows the following property usage types:
- Primary home
- Investment properties and house flipping projects
- New Jersey
- New Mexico