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FAQs

Learn everything about YouLand and the most frequently asked questions.

Last updated: July 26, 2024

At YouLand, we offer bridge loans for short-term financing, fix and flip loans for purchase and renovation, and ground-up construction loans for long-term construction financing.

  • Bridge Loans: Short-term financing solution used to bridge the gap between buying a new property and selling an existing one. We focus lending to “stabilized” properties that do not require extensive rehabilitation.
  • Fix and Flip Loans: Short-term loans designed to cover both immediate purchase and renovation costs of properties intended for resale.
  • Ground-Up Construction Loans: Loans used to finance the construction of new properties from the ground up.

YouLand offers loans to single-family homes (1-4 units), multifamily properties (5-29 units), as well as condominiums.

At the moment, we strictly do not provide loan for: commercial real estate (office, retail, and hospitality), rural property, land, mobile home, manufactured home, halfway housing, senior care facility, or any housing that are age restricted. We also do not provide any 2nd liens loan and cash out refinancing for properties with deferred maintenance.

Visit our portal at apply.youland.com, fill out the online application form, and submit the required documentation. Our team will review your application and reach out to you as soon as possible.

YouLand is dedicated to supporting real estate investors nationwide with our technology, capital, and investment experience. We currently lend in the following 42 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wisconsin, and Virginia. We currently do not lend in the following states: Idaho, Montana, Wyoming, North Dakota, South Dakota, Iowa, Nebraska, Minnesota.

YouLand focuses on specific high-demand markets, particularly:

  • California
  • Hawaii
  • Florida
  • Texas

Additionally, some loan products, like high-end luxury property loans, are particularly targeted within specific submarkets in California.

Apply online or speak with our experienced team. We will be able to determine whether your loan is eligible and provide your personalized rates. Some of the eligibility requirements our team considers include: a minimum FICO score of 640, no filed bankruptcy or foreclosure within 7 years, sufficient equity in the existing loans (6 months interest reserve), and adequate documentation (completed loan application, credit report, and proof of insurance).

With a 99% success rate in exits, we prioritizes efficiency and top-notch customer service without compromise. Our 100% online platform ensures quick access to information 24/7 and enables the easiest loan application process. Partner with us and experience deals closing as fast as 3 days.

Both individual investors and business entities involved in real estate investment are welcomed to apply for a loan with YouLand. Meet with our team to see if your deal meets our credit and financial requirements.

Our bridge loan program typically offers loan from the range of $100K to $20M. We also offer fix and flip loans between the loan amount of $100k to $10M. For other loan amount, we welcome you to chat with our team to determine loan eligibility.

Yes, we requires appraisals as part of our loan documentation process.

To apply for a loan at YouLand, provide the following documents for our team to review.

  • 1003 mortgage loan application form
  • Borrower's authorization for credit report or the credit report itself
  • Driver's license (DL)
  • Track record (if applicable)
  • W9 form
  • Appraisal proof of completion (POC)
  • Preliminary title report + escrow POC (within the past 90 days)
  • 1-month bank statement
  • Evidence of insurance (EOI) with mortgagee clause attached
  • Replacement cost estimate (RCE)
  • For fix and flip loan: rehab budget and general contractor's information

Work with us and have your loan closed in as fast as three days.

The loan amount is determined based on the value of the property, the borrower's financial standing, and the specifics of the project. We conduct a thorough evaluation to ensure the loan amount meets the project's needs, based on Loan to Cost (LTC) and Loan to Value (LTV) ratios.

Our LTC rate can extend up to 85% for fix and flip. Our LTV offer can be up to 75% for purchase and 60-65% for refinance.

We offer rates starting at 9.5% and above (subject to market conditions and borrower qualifications). Our interest rates are competitive and tailored to fit the risk and duration of the loan.

Our bridge loan typically ranges between 12 to 18 months. While, our fix and flip loans extend up to 24 months.

At YouLand, we allow our borrowers to pay off the loan anytime without prepayment penalties.

Our typical fees may include origination fees, appraisal fees, and closing costs. We will outline these fees in your loan agreement.

Our customer service team is available Monday to Friday, from 9 AM to 5 PM PST.

Our office is located at 2420 Sand Hill Road Suite 204, Menlo Park, CA 94025.