FAQ — Omate Capital

Question 1

What is private money lending?

Accepted Answer

Private money lending involves loans funded by private investors or companies rather than traditional banks. These loans are typically secured by real estate and may offer faster processing and more flexible structures than conventional financing. Terms vary by deal and lender.

Question 2

Who qualifies for a private money loan?

Accepted Answer

Private money loans are primarily asset-based, meaning the property's value and deal merits are significant factors in the review process. Real estate investors, developers, and flippers are our primary borrowers. Contact us to discuss your specific situation — requirements vary by program.

Question 3

How do I get started?

Accepted Answer

Complete our loan application form on the Contact page or call us directly. A lending specialist will review your request and reach out within 24–48 hours to discuss next steps.

Question 4

What types of loans does Omate Capital offer?

Accepted Answer

We offer Fix & Flip loans, Bridge loans, Cash-Out Refinance, and Commercial/Multi-Family loans. Each program is designed for a specific investment strategy. Contact us to discuss which program may be appropriate for your project.

Question 5

What are the minimum and maximum loan amounts?

Accepted Answer

Loan amounts vary by program, generally starting at $75,000. Commercial and multi-family loans generally start at $500,000. Contact us to discuss your specific project and we'll help identify the right fit.

Question 6

How fast can you close a loan?

Accepted Answer

Closing timelines depend on the complexity of the deal, property type, and documentation. Some qualified, straightforward transactions may close in as little as 10 business days. More complex deals typically take longer. We'll provide a realistic timeline estimate after reviewing your deal.

Question 7

What documents do I need to apply?

Accepted Answer

Typically: property details, purchase contract (if applicable), scope of work or rehab budget, property photos, and basic borrower information. We keep the process as streamlined as possible. Additional documentation may be required during underwriting.

Question 8

Do you require an appraisal?

Accepted Answer

Most loans require a property valuation as part of the underwriting process. For fix-and-flip loans, we may use a Broker Price Opinion (BPO) or desktop appraisal. Requirements vary by loan type and deal specifics.

Question 9

What interest rates do you charge?

Accepted Answer

Rates vary by loan type, LTV, property type, borrower experience, and market conditions. All rates shown on our website are example ranges only and are not a commitment to lend. Contact us for a personalized quote based on your specific deal. Rates and terms are subject to change without notice.

Question 10

Are there prepayment penalties?

Accepted Answer

Prepayment terms vary by loan program. Some short-term loans have no prepayment penalty, while others may have a minimum interest period. All terms are disclosed in writing before you sign — we don't believe in surprises.

Question 11

What fees should I expect?

Accepted Answer

Typical fees may include origination points, processing fees, and third-party costs such as appraisal and title. All fees are disclosed upfront in your term sheet. Actual fees vary by loan program and deal specifics.

Frequently Asked Questions

Getting Started

Loan Programs

Process & Timeline

Rates & Terms

Still Have Questions?