Worcester Financial offers short-term real estate investment loans to borrowers seeking alternative financing. Worcester underwrites hundreds of Kansas City properties each year through our acquisitions department, so we have developed strong understanding of how to effectively value KC investment property. We make common sense loans that don’t fit the boxes of conventional bank and government-sponsored lenders. We respond right away to applications and can advance funds much quicker than conventional lenders.
We typically lend up to 75% LTV (loan to value) and 65% ARV (after repair value. We look at collateral first. The more comfortable we are with the property and the property’s location, the more willing we are to push the LTV to the 75% range. We look at the borrower second. The stronger the borrower, the more willing we are to push the LTV to the 75% range.
Company Details
- Employees
- 1
- Founded
- -
- Address
- 720 Main St, Kansas City,missouri 64105,united States
- Industry
- Real Estate
- Keywords
- Private Lending, Non-conventional Financing, Fix & Flip Lending, 1st Lien Mortgages on Non Owner Occupied Properties, Hard Money, Real Estate Loans, Real Estate Lending, Real Estate, Loans, Capital, Money.
- HQ
- Kansas City, Missouri
Worcester Financial Questions
Worcester Financial's website is http://www.worcesterfinancial.com/
Worcester Financial's LinkedIn profile is https://www.linkedin.com/company/worcester-financial
Worcester Financial has
1 employees.
View email and phone details for 1
employees at Worcester Financial.
Worcester Financial's industry is
Real Estate
Worcester Financial's top competitors are
Nation Roof Llc,
Lender Link,
Kc Investor Funding,
North Oak Investment,
Roofing Solutions Llc,
Remus Capital,
Bridgewell Capital, Llc,
Jet Lending,
Rex Buys Kc,
Worcester Companies.
Worcester Financial's categories are Real Estate
Worcester Financial's founding year is 2016
