Purchase Price Only

At MCM Capital Funding, we offer purchase price-only funding to provide investors with a straightforward, accessible financing option when the main focus is acquiring property rather than covering additional renovation costs. This type of funding is ideal for investors who have the capital set aside for improvements but need quick, reliable support to secure the property itself. It’s a great fit for those looking to close quickly on a property, particularly in competitive markets where timing is crucial, or for investors seeking a simpler financing solution for projects with minimal upfront improvement needs.

Loan Terms

  • 6-9 Month Loan Term

  • 12% - 14% Interest Rate

  • 2.50-3.50 points

  • Loans available from $150,000 - $500,000

  • 72 Hour close time

  • Same day approval

  • Interest only payments

  • No Penalty for Early Payoff

  • 30 and 90 day extension options at lender's discretion

  • All closing costs and points are due from borrower at closing

  • LTV up to 75% of ARV

  • Up to 90% of purchase price

  • $1,995 Closing fee - includes desktop appraisal, documents, processing, & flood cert

  • No previous project requirements

  • Entity borrowers only

Loan Requirements

  • Investor non-owner occupant loans only

  • Entity borrowers only

  • Personal guarantee required

  • Lender must be in first position

  • Insurance required

  • Lender should be named as mortgagee on insurance policy

  • Title policy is required, both owner and mortgagee

  • Tax Certificate

  • Survey may be required

  • Flood Certificate may be required

  • ACH draft required for monthly payment

Our Process is Simple

  • Apply

    Start by completing our simple application form, providing the basic details about your project and funding needs. We’ll review it promptly and guide you through the next steps to keep things moving smoothly.

  • Submit Docs

    Once your application is received, MCM Capital Funding will connect with you and request any additional documentation (entity docs, project budget, etc.). Upon approval, you will receive your term sheet for final signatures.

  • Funding

    We collaborate closely with your chosen title company to ensure a seamless funding process. Our goal is to eliminate delays so that you’re never left waiting for funds. With our smooth coordination, you can focus on closing your deal with confidence.