InterResidence Finance offers Equity based financing options for Residential, Commercial, Investment, Improvement, and Development, as well as Equipment leasing and asset based Business Loans.

All loans must be fully collateralized by assets and equity in physical assets.

Criteria for borrowers depend upon the loan to value ratio of the loan itself. InterResidence Finance is an equity based lender therefore borrower criteria is subordinate to equity. Borrowers however should be able to afford the repayment and have a proper take out strategy in place. Borrowers must provide guarantees of repayment.

Generally the maximum LTV ratio is 50%, although there are occasions where exceptions may be considered.

Liens, mortgages, or other appropriate titles to protect the interest of InterResidence Finance are required.

Leasing arrangements require that title be vested in the name of InterResidence Finance.

Applications should be made through an appropriate local representative.

InterResidence Finance maintains maximum lending criteria for each location both in number of loans as well as in total amount. Once we reach our maximum exposure in an area, lending will be suspended in that region. We will do our best to inform you at the time of your inquiry if we anticipate nearing our maximum exposure level within the following 30 day period.

InterResidence Finance will purchase asset based loans from third parties.

InterResidence Finance also services loans for third parties.

Prior to considering an application, one of InterResidence Finance Inspectors must physically inspect and approve the collateral. Cost for this shall be paid in advance by the applicant. Report shall belong to InterResidence Finance and will not be shared. All credit decisions shall be at the sole discretion of InterResidence Finance. Arrangements should be made well in advance. Our inspections are generally intense and results average 2 weeks or longer.

A non-refundable application fee is required to cover costs involved in credit decisions.