Apply
Apply online in just minutes. Speak to a loan officer and gather documents for underwriting. What we require to issue terms is at the bottom of each lending page.
Agree to Terms
We will issue terms within 3 to 5 days of receiving documents. Upon execution of terms, a refundable expense deposit is required for a site visit, legal, and third parties (if required).
Due Diligence
We will conduct a site visit. We will need a preliminary title report. We typically require an appraisal to close in secondary markets and will consider an appraisal you already have.
Closing
We will close your loan and fund within 2 to 4 weeks of issuing terms. You can close at your local title company or attorney’s office. We allow remote closings when required.
Alpha Funding Private Lending By The Numbers
Volume
$812
Million
Loans
235
Projects Funded
Available Capital
$100+
Million
Why Alpha Funding?
Flexibility
We are able to make exceptions when the big picture makes sense to us. Our primary focus is the strength of the collateral, the ability to debt service, and the borrower’s ability to repay the loan. We are able to get past issues other hard money lenders can’t. We are problem solvers with reasonable solutions for unbankable loans.
Transparency
We have a simple and transparent private real estate loan process that works well for brokers and borrowers. We will update you every working day as to the progression of your loan request. We know how important your loan is and we pride ourselves on being transparent. We will openly share with you what our concerns are.
CERTAINTY
We will confirm if we are interested in funding your loan shortly after your application is received. We close quickly within two to three weeks, our private lending interest rates are favorable, and we offer higher than normal leverage. Our experience with various loan scenarios and property types allow us to effectively close your loan.
Client Testimonials
What our clients say
Great experience
When you need to get your deal done, Trust Alpha Funding for Industry knowledge, creative deal options, and fast turnarounds - Michael and the Alpha Funding team are the go-to guys for your in the box or out of the box loan closing!
A revelation!
We have worked on several deals with Alpha on scenarios that other lenders had difficulty funding. Michael is all about the speed, due diligence and getting the best interest rate for the client. We would recommend Alpha Funding to any principal or broker looking to close even the most complex deal quickly and, save money.
Best team ever
As a commercial loan broker, we look for lenders who are responsive and look for ways to close loans. Our experience with Michael was the best. Each time a problem pops up, he looks for ways to solve it instead of denying the loan. Working through problems in the underwriting process is his strong point.
Closed Loans
PURCHASE
Hotel
Loan ------- $13,600,000
Rate ------- L+5.5%
Term -------24 months
70% ------- LTC
Phoenix, Arizona
Refinance
Hotel
Loan ------- $11,000,000
Rate ------- 9.75%
Term ------- 24 months
60% ------- LTV
Seaside, OR
Purchase
Hotel
Loan ------- $10,600,000
Rate ------- 8.99%
Term ------- 24 months
65% ------- LTV
Celebration, FL
REFINANCE
Land
Loan ------- $10,100,000
Rate ------- 11.5%
Term -------12 months
55% ------- LTV
Atlanta, GA
Refinance – Renovation
Student Housing
Loan ------- $9,935,000
Rate ------- 7.99%
Term ------- 24 months
75% ------- LTV
Tampa, FL
REFINANCE
Office
Loan ------- $9,925,000
Rate ------- 8.25%
Term -------12 months
65% ------- LTV
Colonie, NY
REFINANCE-RESORT
Resort
Loan ------- $9,100,000
Rate ------- 7.50%
Term -------36 months
65% ------- LTV
Heber City, UT
REFINANCE-DEVELOPMENT
Land
Loan ------- $9,000,000
Rate ------- 11.25%
Term -------12 months
60%/100% ------- LTV/LTC
Georgetown, TX
Refinance
Hotel
Loan ------- $8,800,000
Rate ------- 9.75%
Term ------- 24 months
60% ------- LTV
Portland, OR
REFINANCE
Light Industrial
Loan ------- $7,300,000
Rate ------- 12.74%
Term ———18 months
48% ------- LTV
Commerce, TX
REFINANCE - CASH-OUT
Residential Investment & Industrial
Loan ------- $7,000,000
Rate ------- 9.99%
Term -------18 months
65% ------- LTV
Flagstaff & Paradise Valley, AZ
Purchase
Land
Loan ------- $6,500,000
Rate ------- 13%
Term ------- 12 months
68% ------- LTC
Hutto, TX
REFINANCE
Light Industrial
Loan ------- $6,250,000
Rate ------- 12.74%
Term ———18 months
49% ------- LTV
Hazleton, PA
Refinance - Cash-Out
Retail
Loan ------- $5,932,000
Rate ------- 9,49%
Term ------- 12 months
68% ------- LTV
Freeport, NY
Refinance
Office
Loan ------- $5,800,000
Rate ------- 8.95%
Term ------- 24 months
68% ------- LTV
Hagerstown, MD
REFINANCE
Office
Loan ------- $5,750,000
Rate ------- 7.75%
Term -------24 months
60% ------- LTV
Birmingham, AL
Refinance - Cash-out
Multifamily
Loan ------- $5,300,000
Rate ------- 9.75%
Term ------- 12 months
70% ------- LTV
Winston-Salem, NC
REFINANCE
Office
Loan ------- $5,300,000
Rate ------- 9.99%
Term -------12 months
63% ------- LTV
Kansas City, KS
Refinance - Cash-out
Industrial
Loan ------- $5,000,000
Rate ------- 8.99%
Term ------- 24 months
50% ------- LTV
Tunica Resorts, MS
Refinance - Hotel
Hotel
Loan ------- $4,875,000
Rate ------- 8.99%
Term ------- 18 months
70% ------- LTV
Manson, WA
Purchase - Land
Land
Loan ------- $4,850,000
Rate ------- 8.75%
Term ------- 3 months
100% ------- LTC
Manor, TX
Refinance - Cash-out
Land
Loan ------- $4,625,000
Rate ------- 12.95%
Term ------- 24 months
30% ------- LTV
Orlando, FL
Refinance - Land
Land
Loan ------- $4,600,000
Rate ------- 12%
Term ------- 12 months
50% ------- LTV
New Caney, TX
PURCHASE
Office
Loan ------- $4,516,000
Rate ------- 10.90%
Term -------12 months
70% ------- LTV
Savannah, GA
PURCHASE
Hotel
Loan ------- $4,400,000
Rate ------- L+5.5%
Term ------- 24 months
68% ------- LTV
Florence, AZ
REFINANCE
Assisted Living Facility
Loan ------- $4,200,000
Rate ------- 12.00%
Term ———36 months
70% ------- LTV
North Carolina & Florida
Purchase - Land Acquisition
Land
Loan ------- $4,000,000
Rate ------- 8.50%
Term ------- 3 months
68% ------- LTC
Taylor, TX
Refinance
Residential Investment
Loan ------- $4,000,000
Rate ------- 10.00%
Term ------- 12 months
60% ------- LTV
Sandy, UT
Refinance
Condo Units
Loan ------- $3,900,000
Rate ------- 9.95%
Term ------- 24 months
68% ------- LTV
Fairfax, VA
Refinance
Hotel
Loan ------- $3,875,000
Rate ------- 9.70%
Term ------- 24 months
60% ------- LTV
Tacoma, WA
Refinance
Retail
Loan ------- $3,640,000
Rate ------- 10.25%
Term ------- 12 months
65% ------- LTV
Midland, TX
REFINANCE
Multifamily
Loan ------- $3,600,000
Rate ------- 9.99%
Term ———12 months
70% ------- LTV
Macon, GA
REFINANCE
Land
Loan ------- $3,500,000
Rate ------- 9%
Term -------12 months
50% ------- LTV
New Port Richie, FL
REFINANCE - CASH-OUT
Office
Loan ------- $3,355,000
Rate ------- 6.875%
Term ------- 5 Yr Arm / 30 Yr Amo
55% ------- LTV
Houston, TX
REFINANCE - RENOVATION
Residential Investment
Loan ------- $3,300,000
Rate ------- 12.00%
Term -------24 months
70% ------- LTV
Fort Lauderdale, FL
Refinance
Retail w/Gas Station
Loan ------- $3,300,000
Rate ------- 12.5%
Term ------- 24 months
75% ------- LTV
Las Vegas, NV
Purchase
Investment Residential Condo
Loan ------- $3,130,000
Rate ------- 9.5%
Term ------- 24 months
80% ------- LTV
New York, NY
Refinance
Retail
Loan ------- $3,000,000
Rate ------- 9.00%
Term ------- 6 months
25% ------- LTV
Keene, NH
Refinance
Hotel
Loan ------- $2,800,000
Rate ------- 8.99%
Term ------- 12 months
65% ------- LTV
Juneau, AK
Refinance
Retail
Loan ------- $2,700,000
Rate ------- 9%
Term ------- 12 months
75% ------- LTV
Hinsdale, NH
PURCHASE-REHAB
Assisted Living Facility
Loan ------- $2,700,000
Rate ------- 11.00%
Term -------12 months
100% ------- LTC
Hazel Crest, IL
REFINANCE - SFR Infill
SFR Land
Loan ------- $2,700,000
Rate ------- 11.50%
Term -------12 months
50% ------- LTV
Georgetown, TX
REFINANCE
Land
Loan ------- $2,700,000
Rate ------- 14.00%
Term ——24 months
70% ------- LTV
New Braunfels, TX
PURCHASE-REHAB
Assisted Living Facility
Loan ------- $2,500,000
Rate ------- 11.00%
Term -------12 months
100% ------- LTC
Pennsauken Township, NJ
Refinance Cash-Out
Land
Loan ------- $2,500,000
Rate ------- 8.50%
Term ------- 3 months
70% ------- LTV
Leander, TX
REFINANCE
Land
Loan ------- $2,400,000
Rate ------- 10.95%
Term ———24 months
50% ------- LTV
Sarasota, FL
REFINANCE
Retail
Loan ------- $2,380,000
Rate ------- 8.99%
Term ------- 24 months
68% ------- LTV
Washington, DC
REFINANCE
Land
Loan ------- $2,300,000
Rate ------- 11%
Term -------6 months
60% ------- LTV
Bryce, UT
Purchase
Ranch Investment Property
Loan ------- $2,250,000
Rate ------- 12%
Term ------- 24 months
65% ------- LTV
Kerrville, TX
Refinance - Renovation
Warehouse
Loan ------- $2,200,000
Rate ------- 12%
Term ------- 24 months
60% ------- LTV
Panama City Beach, FL
Refinance
Land
Loan ------- $2,200,000
Rate ------- 14%
Term ------- 24 months
60% ------- LTV
Denison, TX
REFINANCE-RENOVATION
Special Use Facility
Loan ------- $2,200,000
Rate ------- 12.00%
Term -------24 months
65% ------- LTV
Largo, FL
Purchase - Land
Land
Loan ------- $2,150,000
Rate ------- 8.50%
Term ------- 3 months
70% ------- LTC
Taylor, TX
Purchase
Residential Investment
Loan ------- $2,000,000
Rate ------- 9.99%
Term ------- 24 months
45% ------- LTP
Laguna Hills, CA
PURCHASE-REHAB
Land
Loan ------- $1,918,000
Rate ------- 7.99%
Term -------24 months
68% ------- LTV
Lawton, OK
Refinance
Office
Loan ------- $1,900,000
Rate ------- 8%
Term ------- 12 months
70% ------- LTV
Council Bluffs, IA
REFINANCE
Office
Loan ------- $1,850,000
Rate ------- 10.74%
Term -------18 months
60% ------- LTV
Decatur, GA
Refinance - Cash-out
Retail Condo
Loan ------- $1,837,000
Rate ------- 7.99%
Term ------- 24 months
65% ------- LTV
New York, NY
Refinance - Cash-out
Land
Loan ------- $1,800,000
Rate ------- 12.95%
Term ------- 24 months
41% ------- LTV
Ocoee, FL
Purchase
Multifamily
Loan ------- $1,631,000
Rate ------- 8.5%
Term ------- 6 months
75% ------- LTP
El Paso, TX
REFINANCE
Land
Loan ------- $1,600,000
Rate ------- 13%
Term ------- 36 Months
65% ------- LTV
Springs, NL
REFINANCE
Industrial
Loan ------- $1,550,000
Rate ------- 12%
Term ------- 24 Months
28% ------- LTV
Las Vegas, NV
Purchase
Multifamily
Loan ------- $1,450,000
Rate ------- 12.74%
Term ------- 18 months
48% ------- LTV
Cottonwood, AZ
Refinance
Land
Loan ------- $1,450,000
Rate ------- 12%
Term ------- 24 months
70% ------- LTV
Reagan, Texas
Purchase
Shopping Center
Loan ------- $1,436,000
Rate ———8.99%
Term ------- 24 months
70% ------- LTV
Dayton, OH
REFINANCE
Residential Investment
Loan ------- $1,400,000
Rate ------- 8.5%
Term ------- 30 Year Fixed
75% ------- LTV
Victor, ID
Refinance
Mixed Use
Loan ------- $1,390,000
Rate ———8.99%
Term ------- 24 months
61% ------- LTV
Hollywood, FL
Purchase-Rehab
Residential Investment
Loan ------- $1,323,000
Rate ———10.5%
Term ------- 12 months
85% ------- LTV
Santa Rosa Beach, FL
Refinance Cash-Out
Land
Loan ------- $1,250,000
Rate ———12%
Term ------- 24 months
65% ------- LTV
Dublin, Texas
Alpha Funding Corp.
Innovative Lending Strategies, Accelerated Closings.
