Real Estate Investor Loan Programs
AFI Private Lenders provides business-purpose financing for real estate investors who need speed, flexible underwriting and loan structures built around the property. Explore fix & flip, bridge, new construction, DSCR, commercial, multifamily, residential investment and cash-out refinance programs.
Hard money financing for different real estate investment strategies
A strong loan-program page should help an investor quickly answer three questions: what the loan is for, how the lender evaluates it and what the likely exit strategy is. The programs below link to AFI's dedicated product pages for deeper information.
Fix & Flip Loans
Asset-based financing for investors acquiring and renovating properties for resale or refinance. AFI's published fix-and-flip materials emphasize lending against after-repair value (ARV).
- Acquisition and renovation strategies
- Published leverage up to 65% of ARV on the dedicated fix-and-flip page
- Published closing capability in as little as 7–10 days on qualifying transactions
- Designed for non-owner-occupied investment property
Bridge Loans
Short-term financing used to bridge an acquisition, refinance, renovation or other transition until a property is sold or permanent financing is available.
- Property acquisitions and time-sensitive closings
- Refinance or repositioning situations
- AFI publishes bridge leverage up to 70% of ARV, subject to underwriting
- Common exits include sale or refinance into longer-term debt
New Construction Loans
Short-term construction financing for qualified builders, developers and investors building investment properties from the ground up.
- Ground-up residential and qualifying commercial projects
- Draw-based funding tied to construction progress
- Published ground-up program amounts up to $3 million
- Designed around build schedule, project budget and exit strategy
DSCR Loans
Financing for real estate investors where the rental property's cash flow can be central to qualification instead of relying primarily on the borrower's personal income.
- Purchase or refinance of qualifying rental properties
- Underwriting focused on debt-service coverage and property cash flow
- AFI's homepage publishes DSCR loan amounts up to $3 million
- Useful for buy-and-hold investors scaling rental portfolios
Commercial Hard Money Loans
Private financing for qualifying commercial real estate acquisitions, refinances, renovations and transitional situations.
- Retail, office, warehouse, mixed-use and other qualifying investment property
- AFI's homepage publishes commercial loan amounts up to $7 million
- Asset-focused underwriting for time-sensitive transactions
- Purchase, refinance and improvement strategies
Multifamily Loans
Hard money and private financing for investors acquiring, improving or refinancing multifamily properties and apartment assets.
- Duplexes, triplexes, fourplexes and larger apartment properties
- Acquisition and value-add renovation strategies
- Potential bridge-to-sale or bridge-to-permanent-financing structures
- Property income, collateral and business plan considered together
Cash-Out Refinance
Hard money refinance financing for investors who want to access property equity, replace maturing debt, restructure a short-term loan or create liquidity for another investment.
- Cash out equity from qualifying investment property
- Pay off existing liens or maturing bridge debt
- AFI publishes funding in as little as 7–10 business days for qualifying refinance transactions
- Useful when conventional refinance timing does not fit the deal
Residential Hard Money Loans
Short-term, real-estate-secured financing for investors purchasing, renovating or refinancing residential investment property outside the conventional mortgage process.
- Single-family homes, condos, townhomes and qualifying small multifamily
- Investment-purpose transactions rather than consumer owner-occupied mortgages
- Property value and investment plan play an important role in underwriting
- Suitable for acquisition, rehab, bridge and refinance scenarios
Second-Position Loans
AFI states that qualifying second-position financing may be available when the property has sufficient equity. AFI's published guidelines say it can lend behind banks, not other private lenders.
- Designed for qualifying equity-rich investment property
- Can provide capital without replacing an eligible senior bank loan
- Subject to lien position, leverage, property and senior-loan review
- Contact AFI for current second-position and mezzanine guidelines
Compare selected AFI real estate investor loan programs
Specific program information is useful to borrowers and to search engines because it clearly explains what each financing product is designed to do. The figures below reflect information currently published across AFI's website and are not a commitment to lend.
| Program | Published loan amount / leverage | Published pricing information | Common use | Learn more |
|---|---|---|---|---|
| Fix & Flip | Up to $5M; dedicated page states up to 65% ARV | Homepage publishes rates from 9.5% and 1–2% origination | Acquire + renovate + sell/refinance | Fix & Flip → |
| Commercial | Up to $7M | Homepage publishes rates from 10% and 1–3% origination | Commercial purchase, bridge, refinance or improvement | Commercial → |
| New Construction | Up to $3M | Broker page publishes approximately 10%–11.75% and 1.5–2.5% origination | Ground-up investment construction | Construction → |
| DSCR | Up to $3M | Homepage publishes rates from 6% and 0–2% origination | Rental property purchase/refinance | DSCR → |
| Bridge | Dedicated page states up to 70% ARV | Deal-specific | Short-term acquisition or transition | Bridge → |
| Cash-Out Refinance | Deal-specific | Deal-specific | Access equity / replace short-term debt | Cash-Out → |
Rates, fees, leverage, loan sizes, timelines and program eligibility can change and are subject to underwriting. Verify current terms with AFI before relying on any published figure.
Common reasons investors use hard money and private money loans
Hard money is generally used when the real estate opportunity, condition of the property or transaction timeline does not fit a conventional bank process.
Compete for a property when a seller requires a shorter closing timeline.
Acquire and improve a property before resale or refinance.
Bridge a property from its current condition to stabilization or permanent financing.
Fund qualifying construction through milestone-based draws.
Use DSCR financing where property cash flow supports the loan.
Access equity in investment real estate for liquidity or another project.
Purchase, refinance or improve qualifying income-producing property.
Potentially access equity while keeping an eligible senior bank loan in place.
Hard money loans vs. traditional bank financing
The right loan depends on the property and the business plan. Private lending is usually selected for speed, flexibility and real-estate-focused underwriting—not because it is automatically cheaper.
Hard money / private lending
- Often short-term and secured by investment real estate
- Property value, leverage and exit strategy can carry significant weight
- Designed for investment and business-purpose transactions
- Can be useful for rehab, bridge, construction and transitional situations
- Typically carries higher cost than conventional long-term bank debt
Traditional bank financing
- Often designed for stabilized properties and longer holding periods
- May require more extensive income, credit and financial documentation
- Can offer lower pricing when the borrower and property meet conventional guidelines
- Approval and closing timelines may not fit every time-sensitive investment transaction
How to request financing from AFI Private Lenders
A complete deal package helps the lending team evaluate the transaction more efficiently.
Provide the property, requested loan amount, purchase or payoff information, project scope and exit strategy.
AFI reviews collateral, leverage, borrower information, experience and the business plan.
Qualifying transactions can move to proposed terms, valuation, title and required documentation.
Once conditions are satisfied, the transaction can proceed to closing and funding.
Connect loan programs with AFI's major real estate markets
Internal links between loan programs and market pages help investors find the most relevant information and give search engines a clearer picture of AFI's site structure.
Questions about AFI hard money loan programs
General information for real estate investors comparing private lending options.
What types of loans does AFI Private Lenders offer?
AFI publishes programs for fix & flip, bridge, new construction, DSCR, residential investment, commercial, multifamily, cash-out refinance and qualifying second-position transactions.
Does AFI base hard money loans only on credit score?
No. AFI states that the property and the overall deal are primary considerations. Credit may be reviewed, but AFI says applications are not commonly declined solely because of credit history.
How much can AFI lend?
Maximum loan size depends on the program. AFI currently publishes up to $5 million for fix & flip, up to $7 million for commercial loans, and up to $3 million for DSCR and ground-up construction on parts of its website.
How quickly can AFI close a hard money loan?
Closing time depends on the transaction and completeness of the file. AFI publishes qualifying closings in as little as 7–10 days for certain programs, while its general loan-program FAQ states a typical closing time of about 21 days.
Does AFI offer second-position loans?
AFI states that second-position financing may be available when there is sufficient equity. Its published guidance says AFI can lend behind banks, but not behind other private lenders.
Who should I contact about a loan?
For loan inquiries, email nate@actionfunding.net or call the Florida lending desk at 561-600-0433.
Not sure which AFI loan program fits your deal?
Send the property address, requested loan amount and investment plan and let the lending team review the scenario.