Question 1

Is Ascension Private Capital a direct lender?

Accepted Answer

No. Ascension Private Capital is a capital consulting firm, not a direct lender. APC connects real estate investors and business owners with private and institutional funding sources. APC does not originate, underwrite, or fund loans directly. All financing is subject to lender approval, terms, conditions, and underwriting.

Question 2

What does Ascension Private Capital actually do?

Accepted Answer

APC helps borrowers navigate the private lending landscape. That includes reviewing your scenario, identifying the right capital structure for your deal, and connecting you with lenders whose programs align with your financing needs. APC helps structure and present deals clearly so borrowers have the best opportunity for approval.

Question 3

What types of borrowers does APC work with?

Accepted Answer

APC works with real estate investors, fix-and-flip operators, rental property owners, ground-up builders, commercial and multifamily buyers, business owners seeking growth capital, and foreign nationals looking to invest in US real estate. Whether you are closing your first investment property or scaling a large portfolio, APC can help evaluate your options.

Question 4

How does APC get compensated? Is there a fee to submit a deal?

Accepted Answer

Submitting a scenario to APC does not create an obligation or cost. When APC is compensated, payment is typically handled at closing as part of the transaction. Any compensation, lender fees, or related costs are discussed and agreed upon before closing, so there are no surprises. APC does not charge upfront submission fees.

Question 5

What happens after I submit my deal?

Accepted Answer

After submission, APC reviews your scenario and reaches out to discuss your capital need, deal structure, and goals. If your deal aligns with available programs, APC helps match it with suitable lender options and guides you through the next steps. Not every scenario will qualify, and APC will be straightforward about fit from the start.

Question 6

Does APC guarantee funding or approval?

Accepted Answer

No. APC cannot guarantee funding, approval, rates, or closing timelines. All financing is subject to individual lender underwriting, deal due diligence, and market conditions. APC's role is to help structure and present your scenario as effectively as possible.

Question 7

What is a DSCR loan?

Accepted Answer

A DSCR (Debt Service Coverage Ratio) loan is a type of rental property financing where qualification is based on the property's cash flow rather than the borrower's personal income. The DSCR is calculated by dividing the property's gross rental income by the total monthly debt obligations. Many lender programs require a DSCR at or above 1.0, though some programs may allow lower ratios depending on other deal factors.

Question 8

Do I need to provide tax returns or W-2s for a DSCR loan?

Accepted Answer

DSCR programs typically do not require personal income documentation such as tax returns or W-2s. Qualification is based on the property's rental income and performance. This makes DSCR an option commonly used by self-employed investors, high-net-worth individuals, and those with complex tax situations.

Question 9

What DSCR ratio do lenders typically require?

Accepted Answer

Most lender programs look for a DSCR of 1.0 or higher, meaning the property's income at least covers its debt obligations. Some programs may work with ratios below 1.0, depending on the deal structure, loan-to-value, and borrower profile. APC helps match your specific scenario with lenders whose guidelines fit.

Question 10

What credit score is typically required for a DSCR loan?

Accepted Answer

Credit score requirements vary by lender and program. Many programs work with scores in the 640 to 680 range, with more favorable terms generally available at higher scores. Each scenario is evaluated individually based on the full picture of the deal.

Question 11

How many properties can I finance using DSCR loans?

Accepted Answer

Unlike conventional financing that typically caps at 10 financed properties, DSCR programs are generally not subject to the same portfolio limits. Investors looking to scale a rental portfolio often use DSCR financing specifically because it does not restrict property count.

Question 12

Are DSCR loans available for short-term rental properties?

Accepted Answer

Some lender programs do work with short-term rental properties. Qualification may be based on actual rental history, market rent comparables, or a combination. Program availability and guidelines vary by lender, market, and property type.

Question 13

What is a bridge loan and when is it used?

Accepted Answer

A bridge loan is short-term financing used to acquire or reposition a property while a longer-term strategy is executed. Investors commonly use bridge loans to move quickly on acquisitions, stabilize a property before refinancing, or complete a value-add project before transitioning to permanent financing.

Question 14

How fast can a bridge loan close?

Accepted Answer

Bridge loans are generally designed for speed. Closing timelines depend on deal complexity, documentation readiness, and lender requirements. Some lender programs are structured to move faster than conventional financing, which can be valuable for time-sensitive acquisitions. APC does not guarantee specific closing timelines.

Question 15

What is the typical term for a bridge loan?

Accepted Answer

Bridge loan terms typically range from 12 to 24 months, with some programs offering extension options. They are designed as short-term financing to bridge a gap while a borrower executes their strategy — whether that is a sale, renovation, stabilization, or refinance.

Question 16

Can I refinance a bridge loan into a DSCR loan?

Accepted Answer

Yes. Moving from a bridge loan into long-term DSCR financing is a common strategy for investors who acquire and stabilize a rental property. APC works with borrowers on this Bridge to DSCR transition and can help identify lenders with programs designed for this path.

Question 17

What types of properties are eligible for bridge financing?

Accepted Answer

Bridge financing options may be available for single-family rentals, multifamily properties, mixed-use, and certain commercial assets. Eligibility depends on the lender, property condition, location, and deal structure.

Question 18

How much of the renovation budget can be financed?

Accepted Answer

Some lender programs may finance a significant portion of renovation costs, released through a draw schedule as work progresses. The amount financed depends on the deal structure, the borrower's experience, the after-repair value, and lender underwriting. APC does not guarantee a specific percentage of rehab financing.

Question 19

What is ARV-based lending?

Accepted Answer

ARV (After Repair Value) lending means the loan amount is based on the property's projected value after renovations are complete, not just the purchase price. This approach can allow for higher leverage on fix-and-flip projects when the deal supports it and the lender's guidelines allow.

Question 20

Do I need previous flipping experience to qualify?

Accepted Answer

Experience requirements vary by lender. Some programs prefer borrowers with a track record, while others may work with first-time flippers who can demonstrate a solid understanding of the deal, a realistic ARV analysis, and a clear exit strategy. APC helps match your experience level with lenders whose programs align.

Question 21

Can APC help with 100% financing on a fix-and-flip?

Accepted Answer

APC may be able to help structure high-leverage funding options depending on the deal. Some lender programs may finance a significant portion of rehab costs, and certain gap or business funding options may help cover remaining shortfalls. Whether 100% financing is achievable depends on the borrower, property, equity position, exit strategy, and lender underwriting. This is not a guarantee.

Question 22

How do construction draws work on a fix-and-flip loan?

Accepted Answer

Renovation funds are typically held in a reserve and released in draws as work is completed and verified. Draw schedules vary by lender. Some programs use inspections before releasing funds; others allow for self-certifications on smaller draws. APC helps borrowers understand what to expect before closing.

Question 23

Does APC work on ground-up construction projects?

Accepted Answer

Yes. APC helps connect builders and developers with lenders that offer ground-up construction financing for residential and certain commercial projects. These programs are typically structured differently from rehab or bridge loans, with a focus on project feasibility, construction budget, and the builder's experience.

Question 24

What do lenders typically look for in a new construction deal?

Accepted Answer

Lenders generally evaluate the builder's experience and track record, the project's construction budget and timeline, the land value, projected sales or rental value upon completion, and the borrower's financial strength. Permits, plans, and contractor relationships are also commonly reviewed.

Question 25

Can land and construction costs both be financed?

Accepted Answer

Some lender programs may cover both land acquisition and construction costs within a single loan. Availability depends on the deal structure, loan-to-cost ratios, and lender underwriting. APC helps assess which programs may be appropriate for your specific project.

Question 26

How are funds disbursed in a construction loan?

Accepted Answer

Construction loan funds are typically disbursed in stages tied to project milestones or completed work, verified through draw inspections. This protects both the lender and the borrower by ensuring funds are released as progress is made.

Question 27

What is gap funding?

Accepted Answer

Gap funding refers to a secondary layer of capital used to cover the difference between a senior loan and the total amount needed to close or complete a deal. It is often used when a primary lender's loan does not fully cover the purchase price, down payment, closing costs, or renovation budget.

Question 28

When would a real estate investor need gap funding?

Accepted Answer

Gap funding is commonly used when a senior lender requires the borrower to bring more equity to closing than is available, when a deal is structured at high leverage, or when an investor wants to preserve cash while still meeting lender requirements. It is not a solution for every scenario and availability depends on the deal and source of gap capital.

Question 29

Can gap funding cover the full down payment?

Accepted Answer

In some structures, gap or subordinate funding may help cover part or all of the equity gap — but this depends on the deal, the senior lender's requirements, and the source of gap capital. Not all lenders allow secondary financing. APC helps evaluate whether gap funding is a realistic option for a given scenario.

Question 30

How does gap funding affect my total cost of capital?

Accepted Answer

Gap funding adds a second layer of cost to the deal. Rates and terms on gap capital are typically higher than senior debt because the position carries more risk. Investors need to factor total cost of capital — including both senior and gap financing — into their deal analysis before committing.

Question 31

What kind of business funding does APC help with?

Accepted Answer

APC helps business owners and real estate investors explore funding options including business lines of credit, revenue-based funding, and other capital access strategies that can support operations, acquisitions, and growth. These are distinct from real estate loans and follow different qualification criteria.

Question 32

Can I use business funding alongside real estate financing?

Accepted Answer

In some scenarios, business funding and real estate financing can be used together to structure a deal — for example, using business capital to cover a down payment or equity gap while a real estate loan funds the acquisition. This type of structure depends heavily on lender guidelines and the specific deal.

Question 33

Do I need to have been in business for a certain period of time?

Accepted Answer

Requirements vary by program. Many business funding options work with established businesses that have a track record of revenue and operations. Some programs may require a minimum time in business. APC reviews your situation and helps identify options that align with where your business currently stands.

Question 34

Is business funding the same as a traditional bank loan?

Accepted Answer

No. The business funding options APC helps facilitate are typically from private and alternative lenders, not traditional banks. These programs may move faster and have different qualification criteria than conventional bank financing, but they may also carry different terms and costs.

Question 35

Does APC work on commercial and multifamily deals?

Accepted Answer

Yes. APC helps connect investors and owners with financing options for commercial properties and multifamily assets. These deals are typically evaluated differently than single-family residential investments, with greater emphasis on property income, occupancy, market conditions, and the sponsor's experience.

Question 36

What is the minimum loan size for commercial financing?

Accepted Answer

Minimum loan sizes vary by lender and program. Smaller commercial and multifamily deals may align with certain bridge or DSCR-style programs, while larger assets may require institutional or private equity-backed lending. APC evaluates your deal and helps identify appropriate options.

Question 37

How is commercial financing structured differently than residential investment financing?

Accepted Answer

Commercial and multifamily financing typically involves more detailed property-level underwriting, including rent rolls, operating statements, and market analysis. Loan terms, amortization schedules, and recourse requirements can differ significantly from residential investor loans. APC helps borrowers understand what to expect before submitting a commercial scenario.

Question 38

Can foreign nationals invest in US real estate through APC?

Accepted Answer

Yes. APC works with foreign nationals looking to invest in US real estate. Lender programs for foreign national borrowers are available, though they differ from domestic investor programs in several ways. APC helps foreign nationals understand what documentation and deal structure lenders typically require.

Question 39

Is a US credit score required for foreign national borrowers?

Accepted Answer

Many foreign national loan programs do not require a US credit score. Some lenders work with international credit references, while others evaluate the deal primarily on the property's performance and the borrower's overall financial profile. Requirements vary by lender and program.

Question 40

Which countries does APC work with for foreign national borrowers?

Accepted Answer

APC works with investors from a range of countries. Lender availability and program eligibility can vary depending on the borrower's country of residence. APC can review your specific situation and help identify whether suitable options exist.

Question 41

Can foreign nationals use DSCR loans to finance US rental properties?

Accepted Answer

Some lenders offer DSCR-style programs specifically designed for foreign national borrowers. These programs evaluate the property's income potential rather than the borrower's personal income or US employment history, which can be a practical path for foreign nationals building a US rental portfolio.

Question 42

What states does APC work with borrowers in?

Accepted Answer

APC works with borrowers across most US states. Lender availability and program eligibility can vary by state, property type, and deal structure. Reach out to confirm whether suitable options exist for your specific market.

Question 43

What documentation will I need to submit a deal?

Accepted Answer

Documentation requirements vary by loan type and lender program. DSCR scenarios typically focus on property income and may require a rent roll, lease agreements, and property details. Bridge and fix-and-flip deals are more asset-based and may require purchase contracts, scope of work, and ARV support. APC provides guidance on what to prepare once your scenario is reviewed.

Question 44

Are there prepayment penalties?

Accepted Answer

Prepayment terms vary by lender and loan product. Some programs carry step-down prepayment schedules, while others offer more flexibility. Specific terms are disclosed in your loan proposal before you commit. APC helps borrowers understand what to look for before closing.

Question 45

How do I submit a deal to APC?

Accepted Answer

You can submit your scenario through APC's online deal submission form. After reviewing your submission, APC will follow up to discuss your capital need and next steps. Submitting a scenario is not a commitment and does not obligate you to proceed.

Question 46

What makes a deal more likely to move forward?

Accepted Answer

Deals that move forward most efficiently typically have a clear exit strategy, realistic financials, a well-defined scope of work (for rehab deals), and a borrower who can provide documentation promptly. APC can help identify gaps in your deal structure before you submit to a lender.

Frequently Asked Questions

About Ascension Private Capital

DSCR Loans

Bridge Loans

Fix-and-Flip Financing

New Construction Financing

Gap Funding

Business Funding

Commercial and Multifamily Financing

Foreign National Funding

General and Process

Still Have Questions?