line of credit

Flexible funding when you

need it most

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LOAN FEATURES

Pre-approved, ready-to-use capital for

experienced real estate investors

CoreVest’s Line of Credit offers pre-approved, ready-to-use capital for investors acquiring, refinancing, renovating, or aggregating multiple properties. Gain the financing edge you need with certainty of funding.

Acquire, reposition, or stabilize multiple properties
Versatile Use
Eligible for SFRs, condos, townhomes, and small multifamily
property types
18 to 24-month terms available via extensions
flexible terms
Borrow up to 90% of cost
powerful leverage
From $1M to $50M+, scalable for portfolios of all sizes
Loan Size
WORKING WITH COREVEST

Draws on your timeline, every time

Drawing funds should be the easiest part. That’s why we’ve designed a simple draw process centered around your timeline — not ours. With a dedicated construction manager and an intuitive digital portal, we keep your capital moving so you can hit your next milestone.
Meet CoreVest
Get onboarded
Once your loan closes, we’ll send a welcome email with secure credentials to our draw request site. If you’d like, you can schedule an onboarding call with your construction manager to walk through the process.
Request your funds
When a phase of work is complete, simply log in to the draw request site to submit your draw package and initiate your funding request. Be sure to include supporting documents, such as invoices, permits, and lien waivers.
Schedule an inspection
To verify the completed work, our team will coordinate a site visit with a third-party inspector. The inspector will reach out to schedule a convenient time to visit the property and compile an inspection report for CoreVest.
Collect your funds
If approved after reviewing your inspection report, we’ll wire the funds to you within 2–5 business days. To keep the process seamless, we’ll net standard servicing, inspection, and wire fees directly from the total draw amount.
WHY COREVEST

Advantages of our line of credit

The CoreVest difference lies in reliability and efficiency. See how our dependable capital and streamlined process compare to conventional financing options.

Structure
Use case
Approval
Reusability
Flexible terms
Revolving Credit
Multiple deals, ongoing
Based on borrower +
track record
Conventional
Loans
One-time loan
Single flip or project
Based mostly on the deal
(ARV)
X
X
RECENTLY FUNDED DEALS
line of credit
$10,000,000
Closed
35 Properties
Dawsonville, GA
line of credit
$20,000,000
Closed
3 Properties | 30 Units
West Des Moines, IA
line of credit
$20,000,000
Closed
46 Properties
Gainsville, GA
FREQUENTLY ASKED QUESTIONS

Expert answers

to your line of credit questions

Discover what makes CoreVest an industry leader. With over a decade of experience, we continue to raise the bar through each market cycle.

Meet Corevest
What types of residential properties do you finance?
We provide financing for single-family rentals with 1–4 units, condos, townhomes, and small multifamily assets.
Is there a prepayment penalty on your line of credit?
Our lines of credit do not have prepayment penalties. Because it is a short-term financing option, it gives you the freedom to exit the deal when you’re ready.
What is your turnaround time for an application?
We move quickly to help you secure your next deal. Once your application is submitted, you can typically expect a term sheet within 2 to 7 business days.
How long will it take to close my loan or credit line?
We take pride in our streamlined closing process. Typically, our lines of credit close within 4 to 6 weeks.
How long does the process typically take?
Our line of credit generally requires a 30-day underwriting process, after which a credit commitment letter may be issued. Once your line is active and a specific asset is under contract, the underwriting, appraisal, and funding process can be completed in as little as 7 to 10 business days.
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BRIDGE LOANS

Discover more

bridge loan solutions

Move fast on your next project with rental loans for acquisition, new construction, or renovation.

Bridge Loans
Fix and Flip Loan
Fund your next flip from purchase to renovation with dependable capital and a streamlined approval process.
Up to 80–93.5% LTC
Close in as little as 10 days
6–24 month terms
Explore financing
Bridge Loans
No-Ratio Bridge Loan
Skip traditional DSCR requirements with interest-only financing designed to close your deals in two weeks or less.
Up to 100% LTC or 75% LTV
Close in as little as 15 days
24-month term
Explore financing

Ready to grow your

short-term rental portfolio?

Request financing