Monarch Funding, LLC
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Our Process    

Monarch Funding strives to make the loan process as simple, quick and painless as possible for our borrowers.  We can typically close in 7-10 days from application, with no credit checks, employment verification, or outside appraisal required for most loans.

Day 1Pre-Qualification: Upon request, we send a pre-qualification letter, otherwise known as "proof of funds".

Day 2:  Application:  Fill out a simple application.  In addition, you will need to submit at least 3 comparable properties that have sold in the last 6 months to justify your projected ARV.  This can be generated by your real estate agent if you need assistance.

Day 3 Inspection:  We set up a time to physically inspect the property with you, usually within 24-48 hours of receiving the application.

Day 4 Offer:  Within 24-48 hours, we contact you regarding a loan offer, and issue a formal commitment letter.

Days 5-6 Draw Schedule:  You send a scope of work for repairs to be completed.  We create a draw schedule to release the repair funds during the project (This must be completed at least 48 hours prior to closing)

Day 7:  Closing:  We move to close!  This is typically within 7-10 days depending on your settlement company.
Monarch Funding, LLC keeps it simple so you can focus on other aspects of your real estate business.

    * Close Fast!

    * Often without any out-of-pocket funds!

    * Outpace your Competition

    * Multiple Deals Can Be Funded