Frequently Asked Questions

A hard money loan is short-term, asset-based financing secured by real estate. We underwrite primarily on the strength of the property rather than on conventional bank criteria, which lets us close far faster than a traditional lender.

Yes. We underwrite and close every loan in our own name, so World's Fair Capital is the lender of record on your loan. You work with the team that structures and decides the deal.

No. Our programs are for business-purpose, investment, and commercial real estate, not owner-occupied primary residences.

We lend nationwide in 44 states. We currently do not lend in Arizona, Oregon, North Dakota, South Dakota, Vermont, or Nevada.

Single-family residential (1–4 units), multifamily (5+ units), mixed-use, retail, office, hospitality, self-storage, senior housing, marinas, parking, and automotive. Each program page lists the property types it covers.

9 programs: Hard Money Loans, Fix & Flip Loans, Rental / DSCR Loans, Ground-Up Construction Loans, Commercial Bridge Loans, Multifamily Bridge Loans, Small Balance Commercial Loans, Foreign National Loans, and FlexCap Business Bridge Loans. Each has its own page with amounts, leverage, term, and fees.

Loan sizes run from $75K on our Rental / DSCR program up to $250M on Ground-Up Construction, depending on the product. Hard Money: $100K to $25M. Fix & Flip: $100K to $10M. Rental / DSCR: $75K to $5M. Ground-Up Construction: $500K to $250M. Commercial Bridge: $1M to $100M. Multifamily Bridge: $250K to $10M. Small Balance Commercial: $250K to $25M. Foreign National: $75K to $10M. FlexCap Business Bridge: $100K to $3M.

Our published fee schedule: origination 0.00%–2.75% residential and 1.75%–2.75% commercial; appraisal $500–$1,250 residential and project specific on commercial; underwriting $495–$1,995 residential and $2,495–$4,995 commercial; processing $495–$1,995 residential and $2,495–$4,995 commercial; legal $1,495–$2,495 residential and $2,495–$4,995 commercial. Your exact fees are stated in your term sheet before you commit to anything.

Leverage depends on the program. Hard Money: up to 65% LTV (sub-600 FICO) / up to 80% LTV (600+ FICO). Fix & Flip: up to 85% LTC / up to 75% ARV. Rental / DSCR: up to 80% LTV. Ground-Up Construction: up to 75% LTV / up to 90% LTC. Commercial Bridge: up to 75% LTV. Multifamily Bridge: up to 90% combined leverage. Small Balance Commercial: up to 70% LTV. Foreign National: up to 70% LTV. FlexCap Business Bridge: up to 55% asset LTV. Final leverage is set in underwriting.

Hard Money: 6–36 months. Fix & Flip: 12–24 months. Rental / DSCR: 30-year (or 3/5/7/10-year interest-only). Ground-Up Construction: 6–36 months. Commercial Bridge: 6–36 months. Multifamily Bridge: 3–24 months. Small Balance Commercial: 1 / 2 / 5 / 10-year. Foreign National: 6–36 months. FlexCap Business Bridge: 12–36 months.

Interest-only payments are available across our programs. On Rental / DSCR, the term is 30-year (or 3/5/7/10-year interest-only). See each program page for how its payments are structured.

On Small Balance Commercial, the published prepayment term is 3-year declining (3% / 2% / 1%). Prepayment terms for any other program are stated in your term sheet.

No. Our loans are first-lien position only.

Hard Money has no minimum credit score. For the rest: Fix & Flip 660 FICO; Rental / DSCR 650 FICO; Ground-Up Construction 680 FICO; Commercial Bridge 660 FICO; Multifamily Bridge 700 FICO; Small Balance Commercial 650 FICO; Foreign National 650 FICO; FlexCap Business Bridge 600 FICO · 24 months in business.

We use asset-based, common-sense underwriting. The property and the deal carry the most weight, which is why we can say yes where a bank cannot.

Yes. Our Foreign National Loans program offers $75K to $10M, up to 70% LTV, with a term of 6–36 months and a 650 FICO minimum.

Often, yes. Hard Money Loans are built for that: no minimum credit score, up to 65% LTV (sub-600 FICO) / up to 80% LTV (600+ FICO), and closing in 3–10 days.

DSCR stands for debt service coverage ratio. It compares the rent a property brings in to the cost of carrying it, so the loan is qualified on the property's cash flow rather than on your personal income.

$75K to $5M, up to 80% LTV, 30-year (or 3/5/7/10-year interest-only), 650 FICO minimum, closing in ~14 days.

Up to 85% LTC / up to 75% ARV, on loans of $100K to $10M, with a term of 12–24 months and a 660 FICO minimum.

Yes. For rehab and construction projects, we fund draws as the work is completed.

Yes. Ground-Up Construction Loans: $500K to $250M, up to 75% LTV / up to 90% LTC, 6–36 months, 680 FICO minimum.

A business bridge product targeting operators carrying expensive merchant-cash-advance (MCA) debt, consolidating into a single asset-backed loan. $100K to $3M, up to 55% asset LTV, 12–36 months, 600 FICO · 24 months in business.

It depends on the program. Hard Money: 3–10 days. Fix & Flip: 15–30 days. Rental / DSCR: ~14 days. Ground-Up Construction: 15–30 days. Commercial Bridge: 15–45 days. Multifamily Bridge: 7–14 days. Small Balance Commercial: 15–45 days. Foreign National: 15–30 days. FlexCap Business Bridge: ~14 days.

Start with our quick application, which hands off to our secure lender portal. You can also call us at 800-590-7911 during business hours (Mon–Fri 8:00 AM – 5:00 PM EST).

Four steps. A quick application captures the basics of your deal. We then send a Letter of Intent, also called a term sheet, for you to review and e-sign. Our team processes and underwrites the file. Then we close and fund.

It is the term sheet we send for you to review and e-sign. It sets out the structure of your loan so everyone is aligned before underwriting begins.

You receive status emails and a clear document checklist during processing, so you always know what is next.

Generally, we respond in 1–3 hours.

Yes. We have a dedicated broker program with a broker portal. Visit our Brokers page to learn more and access the portal.

No. Your client stays your client. We work the deal with you, not around you.

Your broker compensation is written into the Letter of Intent your client signs and is paid at closing through the settlement statement.

Register for the broker portal, then submit the loan application there. You can track the deal in the same place.

The broker portal includes a sheet for every lending program that you can print or send to a client, loan calculators, the online loan application, and standard deal documents.