Urban Coyote Funding, operating through the website USLandFunds.com, specializes in offering a wide array of real estate financing options. The company focuses on providing both direct funding and acting as an intermediary to private capital sources. They primarily cater to developers, investors, and property owners in need of non-traditional financing solutions.
Loan Programs
- Land Development and Construction Loans: Urban Coyote Funding provides tailored financing solutions for land acquisition, development, and construction projects. These loans are available for various property types, including single-family residences (1-4 units), multifamily buildings, townhomes, and condominiums. Loan amounts range from $250,000 for single-family projects to $50 million for larger developments. Developers can secure financing up to 85% of construction costs for multifamily and single-family residences.
- Commercial Bridge Loans: Their bridge loans are designed to support short-term real estate investments, acquisitions, or refinancing. These loans utilize private funds and hard money options, offering a flexible solution for borrowers seeking quick access to capital.
- Land Financing: Urban Coyote also offers financing for raw and developed land. These loans are tailored for projects involving horizontal improvements, such as grading, road installation, or utility connections. Typical loan-to-value ratios range from 50% to 70%, depending on the borrower’s exit strategy and project details.
- Preferred Equity Loans: For stabilized properties, the company provides preferred equity loans to support long-term investments. This option is ideal for developers seeking supplemental funding without taking on additional debt.
- Healthcare and Medical Development Funding: Urban Coyote extends its services to developers in the healthcare sector, supporting projects like medical office buildings and senior living facilities
Competitive Advantages
Urban Coyote Funding distinguishes itself by its flexibility and efficiency. Their experience in both direct lending and collaboration with niche capital groups allows them to handle complex real estate transactions swiftly. They emphasize transparency throughout the loan approval process, providing a refreshing experience for borrowers and brokers alike. Their ability to fund projects across the top 100 metro areas in the United States further adds to their appeal.
How to Apply
The application process at Urban Coyote Funding is straightforward. Borrowers can submit project details, such as summaries, proformas, and supporting documents, through their online portal. The company promises a quick review and rapid closing for approved projects.
Urban Coyote Funding, through its comprehensive loan offerings, serves as a valuable resource for real estate investors and developers. By bridging the gap between traditional and private funding, the company ensures that clients have access to customized financing solutions tailored to their unique project needs. Their transparent and flexible approach makes them a strong partner in navigating the complexities of real estate finance.