Questions investors actually ask

Start with the property and the purchase and sale agreement if you have one under contract. A loan originator will tell you what else your specific file needs. You do not need to gather a full document package before you reach out.

About five minutes. It asks what you are funding, how to reach you, and the basics of the property and your numbers. Estimates are fine at this stage.

A loan originator reviews the file and gets back to you. If the deal is something we can look at, they will walk through the specifics with you and quote terms for that file.

No. Both are priced off the individual deal, so any number published in advance would be wrong for most files. A loan originator quotes your rate and your points once they have seen the deal.

Send the deal through the form with the property location and a loan originator will tell you whether it is somewhere we can work.

A credit report is part of the file. What it means for your particular deal is something the loan originator will go through with you.

No. Investors at every stage apply, from a first project to an established portfolio. Tell us where you are in the application and it will be taken into account.

A residential loan is a consumer loan, made to a person who will live in the property as their primary residence, and it is closely governed by state and federal agencies. A commercial loan is made to a business entity for a business purpose. Oktero Lending makes commercial loans only, to business entities, for business purposes, secured by real estate the borrower does not occupy.

No. We do not make consumer loans and we do not lend on a property the borrower intends to occupy as a primary residence. This is investment property lending only.

Financing for building a new structure on a lot you own or are buying. It is not paid out in one piece: the money is released in draws as the build reaches agreed stages, so the financing tracks the work actually completed.

Short term financing that covers the gap between two positions. Common uses are closing on a property before another sale completes, holding an asset while it stabilizes, or moving off financing that is coming due.

Through the form. Every submission reaches our team directly and a loan originator replies from there.