"The Phoenix real estate market has been as hot as the Arizona summer sun, attracting hard money lenders like Ignite Funding into the desert arena. Positive market drivers, favorable building climate, quality real estate projects and borrowers are all variables that Ignite Funding factors into its lending strategy, and Phoenix checks all the boxes."
At Ignite Funding, we believe that understanding every aspect of your investment(s) is important. This includes understanding certain lending practices and strategies that we adhere to in your Trust Deed investments. One practice you should familiarize yourself with is voucher control, which you will most commonly see in projects involving horizontal development and vertical construction. Below we delve deeper into the role that voucher control plays in development and construction loans.
INC 5000 recognized Ignite Funding, a hard money lender, as the 4,928 fastest-growing company in North America on August 12th, 2020, having achieved an impressive growth rate of 57.01% in revenue over the past three years. Inc 5000 shines the spotlight on entrepreneurs by ranking privately owned companies that demonstrate significant revenue increase over the past three years.
Calling all Las Vegas, Nevada residents! Are you earning double-digit annualized returns on your investments AND investing in your community? With Trust Deed investments at Ignite Funding, you have the opportunity to do both! Las Vegas, Nevada has been Ignite Funding’s home since 2011, so we take pride in the long-term relationships we have established with the homebuilders and private investors that are pivotal to the growth of our own backyard.
Ignite Funding earned the highest compliance examination score a licensed mortgage broker can achieve from the Nevada Division of Mortgage Lending. Nevada has some of the most stringent licensing requirements, lending practice regulations and oversight in the nation.
IGNITE FUNDING IS NOT A ONE TRICK PONY
Ignite Funding proves that real estate lending does not stop because of an epidemic as its investors continue to fill the gap left by traditional bank lending, reaching a new milestone of $750,000,000 in real estate projects funded by private investors.
Think Realty shines a light on some of the many women who are making waves in the real estate investing industry.
Striving to become a savvier real estate investor? Then understanding underwriting basics is a building block you can’t afford to skip. Every Trust Deed investment at Ignite Funding starts with the underwriting of the loan and the subject property. Our process follows the framework of many of the same questions you may already be asking, such as, what regions do we originate in & why, how do we find & vet borrowers, and how do we qualify a property? So, let’s get started!
Are you a savvy business owner looking for an alternative way to build your firm’s net worth? When you invest in Trust Deeds with Ignite Funding, you have the opportunity to earn double-digit returns annually on your company’s surplus cash. If you are unfamiliar with this type of investment, Trust Deeds are passive, fixed income investments in turnkey real estate projects collateralized by real property.
Forbearance Agreement. Sounds dark and ominous, right? Understandable, but before you go into panic mode, you should first understand what exactly a forbearance agreement is and why commercial lenders, like Ignite Funding, keep this mortgage tool on their tool-belt. Below we go into a Q & A with our resident underwriter, Pat Vassar, to help clear the air on what is commonly misconstrued as an unfavorable situation.