FREQUENTLY ASKED QUESTIONS
These are some of the frequently asked questions:
Km Capital Investment 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.
Yes, we charge a one-time fee of 1% of the loan amount for the Loan Insurance Coverage Cost (LICC). This fee is not a hidden cost or service charge, but a vital part of the loan agreement that ensures security for both the Lender and the Borrower.
The LICC serves as a protective insurance policy designed to safeguard the interests of both parties in the event of unforeseen or unfortunate circumstances, such as:
- Death – Should the borrower pass away during the loan term, the insurance helps to settle outstanding loan obligations, relieving the family or estate of financial burden.
- Illness – In case of severe illness that affects the borrower’s ability to repay, the insurance helps cover the outstanding balance.
- Bankruptcy – If either party becomes insolvent, the insurance coverage helps mitigate financial loss.
- Accident – In the event of a major accident resulting in disability or financial instability, the coverage ensures repayment obligations are addressed.
Important Note:
This one-time insurance fee is the only fee we charge throughout the entire loan process. There are no hidden charges, monthly premiums, or recurring fees associated with your loan. Our goal is to provide transparency and peace of mind while protecting all parties involved.
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.