How fast can you close?

As little as 7 business days for fix and flip and bridge loans. Land typically closes in 10–14 days and construction in 14–21, mostly due to appraisal timelines.

What documents do I need to apply?

Just the property details and deal numbers to start. Entity documents, purchase contract, proof of funds, and program-specific items (scope of work, plans, survey) are collected after you accept terms.

Do you require tax returns or income verification?

No. Our loans are asset-based. We underwrite the property, the plan, your equity, and your exit. Credit is reviewed but income documentation is not required.

Who orders the appraisal?

We do. You'll pay for it as part of your closing costs, but we order it from our approved panel so it's done to our specifications and turned around as fast as possible.

Can I use my own title company?

Yes. We work with your closing agent or ours — your choice. Using a title company that’s familiar with investor closings and hard money lenders generally speeds things up.

What happens after closing?

For fix and flip and construction loans, you submit draw requests as work is completed. For all loans, you make monthly interest payments and pay off the principal when you sell or refinance. Extensions are available if you need more time — contact us before maturity, not after.

Do you charge an application fee?

No. There's no fee to apply or to receive a term sheet. Costs come at closing: origination points, appraisal, title, and standard closing costs, all shown on your term sheet.

How It Works: From Application to Funded in Four Steps

No mystery, no 40-page checklist, no waiting on a committee. Here's exactly what happens between the moment you apply and the moment the wire hits title.

Start My Application Talk to a Lender

How to Get a Hard Money Loan From Private Loans US

Getting a loan from Private Loans US takes four steps: submit the Get Started application with your project details, receive a term sheet within 24 hours, schedule your closing while we order title and valuation, and close when we wire funds directly to the title company on the scheduled date. Most Florida loans fund in 7 to 14 business days from application.

We designed the process to be boring. Not because we don't care — because you've got enough going on with the deal itself, and the financing shouldn't be the exciting part.

Step 1: Fill Out the Get Started Application

Five minutes, maybe less if you've got the numbers in front of you.

We ask for the property address, what kind of loan you need, the purchase price (or current value if it's a refinance), the rehab or construction budget if there is one, your projected exit value, your target closing date, and a little about you — how many deals you've done, roughly where your credit sits, whether you're closing in an LLC.

That's it. No tax returns. No bank statements at this stage. No uploading twelve PDFs. We're asset-based, so what we need first is the asset and the plan. The rest comes later and there's less of it than you'd think.

One request: be straight with us on the numbers. If the ARV is a stretch, tell us it's a stretch. We'll get to the same answer either way — it just takes longer if we have to find it ourselves.

Start the application

Step 2: Get Your Approval and Terms in 24 Hours or Less

Within one business day you’ll have a term sheet in your inbox. Not a pre-qualification, not a “we’re interested” — actual terms: loan amount, leverage, rate, points, term, and any conditions.

Sometimes we'll call first. Construction and land deals usually get a conversation because there's more to understand. Fix and flip and bridge are often straight to the term sheet.

Because we’re a direct lender, this term sheet is a decision, not a proposal. Nobody upstream is going to review it and come back different. The number on the term sheet is the number that shows up on your closing statement, unless the appraisal or title turns up something nobody knew about.

If it's a no, you'll hear that in 24 hours too, with a reason. We'd rather you know fast so you can go find the money somewhere else.

Step 3: Schedule Your Closing

You sign the term sheet, and we go to work.

We order the valuation — BPO or appraisal depending on the loan — and open title with your closing agent or ours. You send us the handful of things we still need: entity docs if you’re closing in an LLC, the executed purchase contract, your scope of work and contractor bids on a rehab, plans and budget on a build, proof of funds for your down payment and reserves. Insurance binder before close.

Meanwhile we’re coordinating dates with title. You tell us when you need to close. We tell you what has to be in hand by when to make that date. Then we hit it.

Typical timeline from signed term sheet to closing: 5–10 business days for fix and flip and bridge, 8–14 for land and construction. The appraisal is usually the long pole — we can't control how backed up the appraisers are in your county, but we can make sure it's the only thing anyone's waiting on.

Step 4: We Wire. You Close.

On the scheduled date, we wire the loan proceeds directly to the title company. Not to you, not to an escrow account somewhere — to title, so the closing agent has funds in hand when you sit down to sign.

For fix and flip and construction loans, the rehab or construction escrow is set up the same day, and you're cleared to submit your first draw as soon as work starts.

Then you go do the deal. We'll be here for draws, for extensions if you need one, and for the payoff when you sell or refinance.

What You'll Need Along the Way

Here's the full list, so nothing surprises you. You don't need all of it to apply — just the property and the numbers. The rest comes in Step 3.

Executed purchase contract (or current mortgage statement for a refinance)
Entity documents: articles of organization, operating agreement, EIN letter
Government ID for all guarantors
Proof of funds for down payment and reserves (a recent statement is fine)
Scope of work and contractor bids (fix and flip)
Plans, permit status, and GC budget (construction)
Survey and any entitlement documents (land)
Insurance binder naming us as mortgagee (before closing)

If you've closed a hard money loan before, you'll notice what isn't on this list: tax returns, pay stubs, W-2s, DTI worksheets, letters of explanation. We don't need them.

Typical Timelines by Loan Type

Typical Timelines by Loan Type
Loan Type	Term Sheet	Closing After Signed Terms	Total from Application
Fix & Flip	24 hours	5–10 business days	7–12 days
Bridge	24 hours	5–8 business days	7–10 days
Vacant Land	24 hours	8–12 business days	10–14 days
Ground-Up Construction	24 hours	10–18 business days	14–21 days

Timelines assume a complete application and normal appraisal availability. Rush closings are possible on bridge and fix and flip — ask.

That's the Whole Process

Four steps, no committee, no re-trades, funds at title on the date. If you've got a deal, the fastest way to find out what we'll do is to tell us about it.