Leverage Your Buying Power

Residential lines of credit for qualified investors who purchase ANY residential real estate!


Auction.com's partnership with lenders allows you to increase your buying power so you can purchase more properties. Qualified investors may purchase properties at Auction.com trustee auction events, through online auctions or even through avenues unrelated to Auction.com.

Benefits

  •   • Line of credit from $500K to $5 million
  •   • Can be used for virtually any residential property in CA, TX, GA, FL, IL, and WA
  •   • Multiple associates may access credit line simultaneously at different auctions
  •   • Use credit to fund up to 70% of the purchase price
  •   • No interior appraisal required
  •   • Low 9.95% interest rate with no pre-payment penalties
  •   • Credit line collateralized by properties purchased with line of credit
  •   • 1% commitment fee
  •   • 1% draw down fee
  •   • Due diligence fee may apply
  •   • Buy more properties!

    Foreclosure/Trustee Auctions

  •   • Draw down from your line at the auction with a simple signature
  •   • Multiple associates may access the line of credit at different auctions
  •   • Assets financeable from auction day with no interior appraisal required
  •   • Easily refinance assets purchased at courthouse steps once you receive the trustee's deed

    Residential Auctions

  •   • Bid online with a simple Auction Finance proof of funds
  •   • Funds provided at closing
  •   • No interior appraisal required

Funding provided by: Archetype Credit Opportunities Funding I L.P. *

Archetype Credit
Opportunity
Funding I L.P.

 

     Contact:
     Ali Elwakeel
     Summer Martinez

 

     Email:
     info@auctionfinance.com

 

     Phone
     800-434-4021

 

     PRE APPLICATION FORM   

 


  LINE OF CREDIT APPLICATION

For additional information contact: info@auctionfinance.com


Disclaimer:The information contained herein should not be deemed nor should it be construed as an offer for a loan or a commitment to make a loan or a loan approval by Archetype Credit Opportunities Funding I L.P. or any of its subsidiaries. Auction.com, LLC, and its Auction Finance division, do not offer financing. All lines of credit shall be made by Archetype Credit Opportunities Funding I L.P. or other third party lenders (as applicable). All lines of credit for residential properties are for investor purposes only and not for personal (owner-occupied), family or household use.


*Archetype Credit Opportunities I L.P., 1601 Washington Ave., Suite 330, Miami Beach, FL 33139, (800) 434-4021, is licensed by California Department of Corporations CFLL License # 603J960. Auction.com, LLC. 1 Mauchly, Irvine, CA 92618 (800) 499-6199. CA Auction.com RE Brkr 01093886.

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