- DSCR RATES STARTING AS LOW AS
6.48%
*
- DSCR Zero point options available!
- Bridge RATES STARTING AS LOW AS
9.75%
*
75%
*
- ARLTV NOW AVAILABLE FOR ELIGIBLE FIX AND FLIP AND GROUND UP CONSTRUCTION LOANS
Frequently Asked Questions
For any additional questions, please call (866) 464-3226.
Yes, you’ll still see our familiar name on documents and marketing going forward; however, we do have a new logo and website. While we are no longer part of Finance of America Companies, we are still just as committed to serving our investors and business partners, and we’re bringing many great new changes with us!
Yes, you’ll still see our familiar name on documents and marketing going forward; however, we do have a new logo and website. While we are no longer part of Finance of America Companies, we are still just as committed to serving our investors and business partners, and we’re bringing many great new changes with us!
Please reach out to your assigned Finance of America Commercial AE (Account Executive). If you’re not sure who that is, please call (866) 464-3226
or email info@facolending.com.
Please call (866) 464-3226
or email info@facolending.com.
Aside from our familiar short-term and long-term loans, we expanded our multifamily product offering, and reinstated our portfolio rental product for long-term blanket loans.
Yes, you may still broker directly through your designated Finance of America Commercial AE. Please reach out to them for additional information or to submit a deal. Be sure to ask about our new program for TPOs, which comes with additional benefits to boost your business. If you’re not sure who your AE is, please call (866) 464-3226
or email info@facolending.com.
Yes, Finance of America Commercial is approved to lend nationally except in MN, ND, OR, SD, UT, and VT.
Good news! We no longer have an exposure limit so you can apply for as many loans as you’d like. Additional streamlined benefits include a borrower-specific portal where you can initiate draws and a fast-track option available on select loans for an additional fee. Ask your AE for details.
It depends upon who you closed with:
- If you originated with Finance of America Commercial by Roc 360 (5-digit loan numbers), contact your AE to explain the new draws process.
- If you closed a loan with Finance of America Commercial/Finance of America (10+ digit loan numbers), email the FOA Draws team at facodraws@financeofamerica.com.
It depends upon who you closed with:
- If you originated with Finance of America Commercial by Roc 360 (5-digit loan numbers), contact your AE to be properly routed for servicing needs.
- If you closed a loan with Finance of America Commercial/Finance of America, (10+ digit loan numbers), email the FOA Servicing team at FACOServicing@financeofamerica.com.
Yes. Our loan programs are designed solely for residential, non-owner occupied, business-purpose investment properties. 5+ unit residential multifamily properties are eligible for financing, but properties that contain any units with a commercial use (e.g. office buildings, retail space, hotels) are not eligible.
We have the product to meet your needs.
Important Note: If you are a broker, please call your FACo Account Executive to initiate access to your new and enhanced portal. If you don’t know who your Account Executive is, please call (866) 464-3226
.
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