Frequently Asked Questions

  • How Much Of A Loan Can I Get?

    Riverdale Funding lends a minimum of $250,000 up to $5 Million dollars. Larger loans will be considered on a case-by-case basis.

  • What Do I Need To Apply?

    You will need to provide a brief summary of your loan request, complete a short loan application, and provide interior and exterior photos of your property. When Riverdale Funding is in receipt of this information, we can provide you with a quick lending assessment and preliminary loan terms.

  • Can A Borrower Work With Riverdale Funding Directly Or Do I Need A Broker?

    Borrowers who are looking for alternative, hard money loan financing are encouraged to apply with Riverdale Funding directly.

  • How Long Will I Have To Pay The Loan Back?

    Our loan terms are anywhere from one to three years, interest only.

  • Are There Pre-Payment Penalties?

    There are no prepayment penalties when you get a loan from Riverdale Funding. Borrowers can pay back a loan early without incurring any fees or cost.

  • Does Riverdale Offer Real Estates Owned (REO) Loans?

    Yes, Riverdale funding can provide financing for real estate owned property purchase based on existing loan-to-value (LTV).

  • What Is A Hard Money Lender?

    A hard money lender is a private investor or company, such as Riverdale Funding, that provides alternative financing to borrowers, which is secured by real property. Hard money lenders look at the value of the real property to be used as loan collateral over a borrowers’ credit history or earning power.

  • Do You Broker Loans Out To Other Lenders?

    No. Riverdale Funding is a private lender and we have money readily available to fund your loan. We do not require a loan committee or approval outside of Riverdale Funding to issue a loan. You can rest assured that Riverdale Funding will have funds available to close your loan.

  • Does Riverdale Work With Brokers?

    Yes. Riverdale Funding, LLC is a “broker-friendly” company and we value our broker-partner relationships. Our company is staffed with experienced account executives and former brokers. We know the importance of having a lender you can trust that can get your loans closed fast.

  • Can I Get A 1-4 Unit Family Residential Loan?

    Yes, provided the property is a non-owner occupied investment property

  • What States Do You Fund In?

    Riverdale Funding is able to provide commercial real estate financing in 37 states and the District of Columbia. Please contact us now for a FREE property assessment.

  • What Property Types Do You Provide Financing For?

    • Multifamily
    • Retail
    • Office
    • Warehouse
    • Industrial **
    • Self-Storage**
    • Improved land
    • Mixed-Use
    • Hotels / Motels **
    • Free standing commercial
    • Agriculture-based
    • Development
    • Non-Owner Occupied (NOO) 1-4 unit Investment



    Other types of commercial properties will be considered on a case by case basis. 

    Yes, Riverdale Funding, LLC can lend on properties that are owned under a corporate, trust or LLC name.

  • Do You Fund Auction Purchases?

    Riverdale Funding, LLC can provide replacement financing for auction purchased properties. However, we do not provide financing to purchase a property at an auction or trustee sale.

  • Do You Fund Property Rehabs?

    Riverdale Funding assesses the value of the subject property in determining its lending viability. We evaluate each loan on a case-by-case basis.

  • What Are Your Typical Rates And Fees?

    Our asset-based hard money loans are very competitive. Contact us now, and find out how we can help you get the real estate financing you need.

  • What Are The Advantages Of Get A Hard Money Loan From Riverdale Funding?

    Riverdale Funding is a true “asset-based” lender that can close your loan fast. We accept all credit history and we do not require personal financials. Furthermore, we do not require extensive documentation and third party reports. If your commercial property has sufficient equity, we can get you financing.

  • When Does It Make Sense For A Real Estate Investor To Use A Hard Money Loan?

    A real estate investor who has a commercial property and is in need of funds quickly can benefit from a hard money loan. For example, an investor who has recently purchased an apartment or commercial building may need funds to restore it for use or to quickly pull out equity. Additionally, hard money loans are great for property owners who may not qualify for a conventional loan or may not want to deal with a long loan process.