Our Process
Unlock Your Equity and Grow Your Business
See how CoreVest provides financing solutions to residential real estate investors seeking affordable and efficient capital to grow their businesses and earn more income.
Our goal is to save you both time and money. Our Rental Loans can be originated, underwritten and closed under 30 days. Our Bridge Loans can be closed in as little as a week. We’re ready to work at your pace.
Simple Steps to Obtaining a CoreVest Loan
1
Origination
- Submit your request through our online application or call our hotline
- A Relationship Manager will work with you to size and price your loan
2
Underwriting
- Our highly-efficient, streamlined underwriting process saves you time
- You will have a dedicated in-house team to guide you through each step
3
Closing
- Once approved, your loan can close in as little as 24 hours
- Our goal is to fund on your timeline, not ours
Case Study: 21-Day Closing on a Rental Portfolio
When borrowers come ready with documentation and have a realistic sense of property valuations, we’re ready to fund quickly and efficiently
An experienced real estate agent and attorney presented his personal portfolio of 40-plus investment properties in the Detroit metro area. Although he had been investing in real estate since 2008, he first contacted CoreVest at the beginning of 2017 and was quickly issued a term sheet on a selection of single-family rentals. His deal kicked off shortly thereafter — and through his diligence in uploading documents, scheduling appraisals and meticulous record keeping, he breezed through underwriting in a record-setting 21 days. In this case, the deal closed quickly because the borrower had a realistic sense of what his properties were worth and his portfolio was fully leased at kick-off — two important factors of the diligence process.
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry