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Questions about broker partnership? Get in touch with our team at (949) 229 6155 or brokersupport@EBSC-LLC.com
Frequently Asked Questions
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Is EBSC Lending a Private Lender?Yes, we are direct lenders. We fund in-house.
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Hey EBSC Lending , should I turn my basement into a movie theater?Well, perhaps, but only if you promise to put a popcorn machine down there. Oooo and mini fridge if possible!
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What kind of real estate loans do you offer?EBSC Lending finances real estate investments. We offer customized lending solutions for real estate investors and developers.
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What is the first step?Fill out the one-minute application and get a soft quote in 24 to 48 hrs. After that, a representative will reach out and guide you through the process and requirements to close.
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What are the interest rate and loan term?Usually, our rates are 9.39% - 12.39%. Loan terms are 12 to 60 months.
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Is there a prepayment penalty?There is no prepayment penalty.
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Should I sell my wife’s childhood home and get a beach house?uhh!
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Are personal guarantees required?In most cases no. However, depending on the area and LTV, it can be evaluated.
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What are the loan types?All Types, Acquisition, Bridge, Construction, Development, First Mortgage, Fixed-Rate, Hard Money, Institutional Line of Credit, Mezzanine, Mini-Perms, Participating Mortgage, Permanent, Refinance, Fix & Flip Loans, Rental, Other uses depending on borrower’s specific needs.
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How much does it cost to close a loan?Typically EBSC Lending charges between 1-5 points for origination costs.
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What is the average closing time?We typically take 3-5 days to issue a commitment letter. After approval, the average time to close is 10 to 20 days and time can vary on commercial properties depending on appraisal, title, and environmental conditions.
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Do you lend to individuals?At EBSC Lending, we can lend to individuals. However, most of our deals are closed under an entity (Corp, LLC, INC, etc). These are investment loans, intended for real estate investments purposes.
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Cheeseburger, chicken sandwich, or protein shake?Cheeseburger, without a doubt (& get me one please!)
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