Orchard Funding is a private 'hard money' lender providing fix & flip, bridge financing and ground up construction loans for professional real estate investors. Loans are underwritten and funded in-house thus enabling swift decisions, flexible lending solutions and quick closings. Orchard Funding originates approximately $200,000,000 in loans annually and has funded over 1,000 loans to date.
In 2009 during the financial crisis, Ryan Denk and Chris Aepli began buying foreclosures and bank-owned homes in the greater Phoenix area. After their first dozen acquisitions, they saw an opportunity to scale the operation. By 2014, they had acquired over 700 single family homes, 200 properties were rehabbed and flipped, 500 were kept as rental properties and later resold.
In 2009 during the financial crisis, Ryan Denk and Chris Aepli began buying foreclosures and bank-owned homes in the greater Phoenix area. After their first dozen acquisitions, they saw an opportunity to scale the operation. By 2014, they had acquired over 700 single family homes, 200 properties were rehabbed and flipped, 500 were kept as rental properties and later resold.
Services
Since we are not brokers and loans are funded 'in-house, ' decisions are made quickly and efficiently with limited documentation. Orchard Funding will advance up to 1/3 of the construction budget prior to any work being done. Our program doesn't work off of reimbursements. Unlike other lenders, construction can be entirely funded without coming out of pocket.
Down payment requirements vary depending on the borrower, property and property values. We offer down payment requirements as low as 10% to qualified borrowers and 100% financing is possible through cross-collateralization with other qualifying properties. Please reference the Loan Program page for more information.
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