FREQUENTLY ASKED QUESTIONS
These are some of the frequently asked questions:
Kmc Capital LLC offers several loan programs to meet your various investment financing needs. Below are some of the commonly asked questions about these programs.
We offer loan solutions for real estate investors of all types, long-term and short-term, residential and commercial. Whether you are stabilizing an apartment complex, building a spec home, or taking over a cash-flowing neighborhood center, we have something for you. Check out the “Programs” tab of our website to learn more.
We all have to start somewhere! We do lend to first time investors, although in order to reduce the risk, we will lend at reduced leverage. This means you’re likely to need a 20-25% down payment for a residential property and a 30-35% down payment on a commercial property.
Following the approval of a loan application, a mandatory project and site inspection shall be scheduled as a prerequisite to the disbursement of the approved loan funds. This inspection forms an integral part of our loan administration and compliance process and is designed to ensure accountability, transparency, and alignment with the approved project objectives.
As part of this process, an authorized representative of our institution will travel to the borrower’s location to conduct an in-person meeting with the borrower and carry out a physical inspection of the project and its designated site. The inspection will involve verification of the project details, confirmation of site readiness, and validation of information submitted during the loan application and approval stages.
It is important to note that all travel-related expenses incurred by our representative, including flight arrangements and hotel accommodation, shall be the sole responsibility of the borrower. These provisions must be made in advance to facilitate the timely and successful completion of the inspection.
Upon satisfactory completion of the inspection, the approved loan amount will be released and transferred directly into the borrower’s designated bank account. Our representative will remain on site to confirm that the approved loan funds have been successfully credited to the borrower’s account before departing the location. This step ensures immediate verification of fund disbursement and provides reassurance to the borrower regarding the successful completion of the funding process.
After confirmation of credit, the representative will return to our head office for comprehensive documentation and record-keeping, including submission of inspection reports, confirmation of fund transfer, and compliance documentation in accordance with institutional and regulatory requirements.
The essence of this mandatory inspection is to enhance transparency, reinforce mutual trust, and demonstrate our unwavering commitment to funding approved projects responsibly. By conducting in-person verification and ensuring confirmed fund disbursement, we uphold the highest standards of professionalism, accountability, and service excellence throughout the loan funding process.
While each loan is circumstantial in nature, there are a few minimum requirements that must be met. In order to qualify for financing, we like to see a well drawn Business Plan or Project Outline, we believe there are better ways to evaluate an applicant than just credit score. When it comes to your background, any financial-related crimes or felonies at any point in time, or bankruptcies or foreclosures in the past 5 years, will disqualify you.
While those are the minimum requirements, we do look at the loan file holistically to assess risk and determine qualification.
We can provide financing Nationwide, in Canada, Mexico, Australia, and other Major Countries .
Our loans are not reported to credit agencies. If we’re working together on a commercial loan or financing for a rental property, your loan will not be reported to the credit bureaus. We are an investor that fund these types of loans, therefore all are handled exactly the same from this perspective.
Get in touch with us! We love to talk real estate, no matter the project.