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Unlock Asset-based Loans
We help hard-working professionals who don't fit the mold to secure an asset-based loan on great terms.
SPEAK WITH AN EXPERT NOWHighlights
- Loan Amounts: $200K and up with no limit
- Geography: Nationwide in ALL 50 States
- Property Types: Residential, Short-Term Rental / Vacation Rental, Mixed Use (commercial/residential, up to 3 commercial units)
- Occupancy: Long-Term or Short-Term Rentals, Vacancy OK (on Acquisitions), no operating history required on STRs
- Loan Structure: 30-Year Fixed Rate Mortgage Loans, 5-Year Prepayment Penalties, Partial IO (10-Years) Available, Entities (i.e. LLCs) and partners welcomed
- LTVs: Up to 80% (Acquisitions/Rate-Term Refi), 75% (Cash-Out)
- Credit Score: 640+
Ideal For
- Retirees
- People who recently sold a company
- People with an abundance of assets
- People with recently inherited assets
- People with sizeable portfolio investments
Get Connected to Our Team Right Now.
We believe in the power of personal connection. That's why we make it easy for you to connect with a knowledgeable team member in just 60 seconds.
We're here to listen, understand your unique situation, and provide tailored lending solutions designed to help you achieve your financial goals.
Take the first step towards your financial future by completing our simple form.
Do you qualify? Take this short quiz to find out.
All 50 States, Covered.
Available states:
Coming soon:
What to Expect When You Work with MDL
It is our team's goal to build long-term relationships with our customers and go the extra mile to guarantee their success.
We work with you every step of the way to find the perfect loan solution.
Connect With Us
Schedule an appointment with one of our experienced loan professionals and we'll work together to create the plan that's right for you.
Review Your Options
Our experts find the best rates, review financials, and find a product that fits both your short term needs as well long-term goals.
Celebrate Your Closing
Close on time and reach your goals. Our team works closely with you throughout the entire process—making sure to celebrate with you when the loan is secured!
Explore Mortgage Solutions
It's time to find a mortgage that will suit your needs. We'll help guide you through the process and make sure you have everything you need for success.
What Is an Asset-Based Loan?
An asset-based mortgage is a loan that is secured by the value of an asset, such as a property. The advantage of this type of loan is that it is often easier to get approved for than a traditional mortgage, since the lender is taking less risk by securing the loan against an asset.
Get in Touch with Our Team!
Get in touch with us today for a free rate quote. Get the loan that's right for you.
What You're Going to Need
for Pre-approval
- 2 years W2
- 2 years personal tax returns
- 30 days pay stubs
- 2 months personal asset statements
- Drivers license
At least ONE of the following three options:
- Minimum of 12 months business or personal bank statements
- Minimum of 1 year of Profit and Loss Statement Balance
- Minimum of 1 year 1099
Also required:
- 2 months personal asset statements
- Drivers license
- CPA letter to attest to your ownership
for Pre-approval
- Proof of Assets
- Proof of Credits
- Driver's License
Our Recent Fundings
We’ve helped hundreds of clients get the funding they need to purchase their next property. You could be next.
Test Funding
Frequently Asked Questions
Most banks make qualifying for a traditional mortgage virtually impossible without the traditional W2 income, even if you own substantial assets. At Modern Day Lending, we can use your assets as income to qualify you for a mortgage.
Yes, with no restrictions! We offer all of our programs to first-time investors and love to help people build their portfolio throughout their investing journey.
Yes – this is fully eligible for residential properties up to four units. We will use the market rent (as determined by the appraisal) to project cash flows for the property. Additionally, if planned to utilize the property as a short-term or vacation rental, we can utilize projects from industry data providers to qualify for the loan.