Worcester Financial

We Offer Creative Financing Solutions for Real Estate Investors

PRIVATE FINANCING FOR UNIQUE REAL ESTATE SITUATIONS

Worcester Financial LLC is an asset-based lender, providing unconventional financing options to Real Estate Investors in the Kansas City Metro area. Worcester Financial LLC offers several loan options and works with new and established borrowers. We are committed to providing a high level of service to Real Estate Investors in Kansas and Missouri. Requests are decisioned in as little as 24 hours and there is no minimum loan amount. Whether you are a first time Investor or a seasoned borrower, let Worcester Financial help you build generational wealth.

PRIVATE FINANCING FOR UNIQUE REAL ESTATE SITUATIONS

Worcester Financial LLC is an asset-based lender, providing unconventional financing options to Real Estate Investors in the Kansas City Metro area. Worcester Financial LLC offers several loan options and works with new and established borrowers. We are committed to providing a high level of service to Real Estate Investors in Kansas and Missouri. Requests are decided in as little as 24 hours and there is no minimum loan amount. Whether you are a first time Investor or a seasoned borrower, let Worcester Financial help you build generational wealth.

LOAN OPTIONS

FIX & FLIP

These types of Real Estate loans are generally used when a borrower doesn’t plan to hold onto the property long-term. The property is purchased, renovated, and then sold.

FEATURES OF THE FIX & FLIP LOAN PROGRAM:

Terms of up to 15 months (Individual loan circumstances may apply)
Loan amounts up to 65% LTV of the current “as-is” value (borrower down payment may apply).
Rehabilitation loans available with loan amounts up to 70% ARV
Most property types considered (No raw land or residential owner- occupied properties)
First Lien Mortgage Position on collateral
Interest Only payments (balloon at loan maturity)
Rates between 12-16%
Origination fee between 3%-6%
$100.00 application fee
1% deposit at time of approval acceptance

BUY & HOLD

One of the most common scenarios for real estate investors is the execution of the buy, rehab and rent strategy. Our “Rehab and Refinance Loan” is the perfect tool to help the buy-and-hold investor with their purchase.

Note: While Worcester Financial LLC is generally an asset-based lender, the borrower’s personal credit will be a deciding factor in the loan approval. Borrower financials will be reviewed when the exit strategy is conventional financing.

FEATURES OF THE REHAB LOAN PROGRAM:

Terms of up to 15 months (Individual loan circumstances may apply)
Loan amounts up to 65% LTV of the current “as-is” value (borrower down payment may apply).
Rehabilitation loans available with loan amounts up to 70% ARV
Most property types considered (No raw land or residential owner- occupied properties)
First Lien Mortgage Position on collateral
Interest Only payments (balloon at loan maturity)
Rates between 12-16%
Origination fee between 3%-6%
Borrower may be required to provide a pre-approval letter from a conventional lender as a condition to close.
$100.00 application fee
1% deposit at the time of approval acceptance

BRIDGE LOANS

When a borrower owns collateral free and clear but needs cash quickly to reinvest, a Bridge loan is a great option. These loans are shorter term loans and use collateral that the borrower already has in their portfolio to finance new purchases.

FEATURES OF THE BRIDGE LOAN PROGRAM:

Terms of up to 6 months (Individual loan circumstances may apply)
Loan amounts up to 65% LTV of the current “as-is” value.
Most property types considered (No raw land or residential owner- occupied properties)
First Lien Mortgage Position on collateral
Interest Only payments (balloon at loan maturity)
Rates between 12-16%
Origination fee between 3%-6%
$100.00 application fee
1% deposit at time of approval acceptance

Sarah Barrett

DIRECTOR OF PRIVATE LENDING

As Director of Private Lending, Sarah is responsible for cultivating and originating borrower relationships and establishing Worcester’s reputation in the Private Lending sector.

Worcester Financial

PRIVATE FINANCING FOR UNIQUE REAL ESTATE SITUATIONS

PRIVATE FINANCING FOR UNIQUE REAL ESTATE SITUATIONS

LOAN OPTIONS

FIX & FLIP

FEATURES OF THE FIX & FLIP LOAN PROGRAM:

BUY & HOLD

FEATURES OF THE REHAB LOAN PROGRAM:

BRIDGE LOANS

FEATURES OF THE BRIDGE LOAN PROGRAM:

Sarah Barrett

CONTACT WORCESTER FINANCIAL

See the deal for yourself, decide for yourself—but never by yourself.

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