Non-owner-occupied loans typically close in 3–5 business days. Owner-occupied loans, which we offer in Oregon and Idaho only, typically close in 7–10 business days. Approvals are often same-day.
Why we can move that fast
The decision is made in-house by the people who fund the loan. There is no loan committee and no third-party appraisal to wait on. Fix and flip lenders, bridge lenders and commercial lenders are all judged on speed, so we built our process around it.
What a typical timeline looks like
- Day 1: You call, we review the property and your request, and approval is often same-day.
- Days 2–4: Escrow opens and title prepares its report, usually 2–3 business days. We order loan documents.
- Days 3–5: You sign and we fund the same day.
Deals where days matter
Speed matters most when a seller wants a cash-like offer, when a flip has to close before a competing buyer, or when you are buying your next property before the current one sells. It also matters on 1031 exchange loans and reverse 1031 exchange loans, where the exchange deadlines do not move, and on commercial loans where hard money can close a purchase a bank would take months to fund.
What slows a closing down is usually title or insurance, not us. Send the property details early and we will tell you what the schedule looks like for your deal. Call 503-941-5473.