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Precision Capital is not a bank or other type of traditional lender. If this is your first time working with us, or even if you’ve worked with non-traditional lenders in the past, you’re bound to have questions about what makes us different.

Below are the most frequently asked questions about loans through Precision Capital. If for some reason we haven’t addressed your particular question, please don’t hesitate to call our office. We serve clients across the U.S.A.

Common Questions

Don’t see your question? Call us at (541) 485-2223.

What type of properties does Precision Capital loan on?

Precision Capital loans on all types of properties including:

  • Manufactured Homes
  • Residential Investment Properties
  • Single Family
  • Duplexes
  • Apartments
  • Office Buildings
  • Warehouses
  • Mixed-Use
  • Bare Land
  • Commercial Buildings
  • Motels

What type of down payment do I need?

Precision Capital provides financing for up to 70% of the property value. Contact us for more information on down payments.

What interest rate will I pay?

The interest rate varies depending on the property, the borrower’s entire financial picture, and the investment climate at the time of the loan. Most Precision Capital loans are in the 9-14% range depending on the situation. To easily get a rate quote simply fill out the Loan Scenario form and we will get back to you promptly. Feel free to call us at (541) 485-2223, or toll free at (866) 207-0740, or email us at [email protected].

Are there fees involved in getting a loan?

Precision Capital has origination fees and third party fees that are added onto each scenario.

Why would I obtain a loan from Precision Capital as opposed to a bank or traditional mortgage company?

Most borrowers of Precision Capital need a loan very quickly or the borrower or the property has a unique challenge or twist that traditional lenders will not consider. Precision Capital specializes in addressing uncommon situations with common sense loan decisions.

Do I have to have perfect credit?

Precision Capital looks at the whole package, including the property value, the borrower’s credit and the ability to repay. With many loans we fund, the borrower has less than perfect credit, but there are other strengths in the loan scenario that make it a “make sense loan” for us to fund.

Who underwrites or approves the loan, and what criteria do they use?

The loans are reviewed and approved locally in our office by our loan committee. Rather than strict ratios and guidelines, we look for loans that make sense for both the borrower and the investor.

How long does the approval process take?

We can typically give written approval within two business days of receiving a completed application.

How quickly can you fund a loan?

We can typically close on a loan within 23 days. We have closed loans in less than 3 days.

Can I talk to someone about my scenario without having to fill out a bunch of forms?

Sure, call us at (541) 485-2223, or toll free at (866) 207-0740, or email us at [email protected].

Let’s Chat About What We Can Do for You.

Contact us today and see how we can help you. Simply fill out the form or call us toll-free at (866) 207-0740.

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