The Wellington Group Advantage
Applying for a mortgage is time-consuming, particularly thanks to new regulations on mortgage lending implemented as part of the Dodd-Frank Act. It can take months to close on a loan, which puts investors at risk of losing out on a particular investment property. With a Wellington Group loan, it’s possible to get funding in as short a time as two weeks. That’s important if you’re funding a valuable project and can’t afford deviations from the timeline to completion.
I- Find the Opportunity
Finding investable opportunities is probably the most crucial part of fixing and flipping properties. Our direct experience in real estate investing, as well as residential and commercial hard money lending allows us to help our partners discover opportunities quickly. Whether it’s a commercial building, residential income producing real estate or bridging a property, for a month to a year, we can service your financial needs.
II- Get Funded
Our extensive background in mortgage lending allows us to analyze and approve deals quickly. In fact, a typical loan can happen in less than two weeks from start to finish. We understand that fast approvals are the key to our investors being ultra competitive when buying residential and commercial properties.
III- Complete the project
Our construction consultants work directly with each investor and their contractors to create a plan that works. We’ll help create realistic work timelines and customizable draw schedules so each project can be funded efficiently.
Our goal is to work with the same investors repeatedly. We want to partner with investors who take their business seriously and help them grow their business. Once we’re comfortable with each investor, the approval process becomes much simpler, allowing each investor to operate and make purchasing decisions faster.