Frequently Asked Questions

It finances a new home that doesn't exist yet. Acqua funds an initial advance at closing, usually for the lot, then releases the construction budget in draws as work is completed. You repay the loan when you sell the finished home or refinance it into a long-term rental loan.

[Client: ground up only, or do fix-and-flip projects and general contractor experience count?]

[Confirm: interest on drawn funds only?] Every Acqua ground up loan also includes a built-in interest reserve, so you're not making payments out of pocket during the build.

[Extension options, length and fees.]

Acqua lends in all states except [confirm list].

Yes. Acqua Funding (NMLS 2476472) is a Brooklyn, New York-based direct lender that funds ground up, fix and flip, bridge and rental loans in house, and backs them with a price-beat guarantee [confirm it applies to ground up]. Acqua Funding is not affiliated with Aqua Finance, a separate company.

No, Acqua does not require any previous real estate experience for fix and flip/rental loan qualification. However, in order to qualify for ground up construction financing, Acqua needs to see at least 1 build completed in your name/entity.

Acqua has a minimum FICO requirement of 680 for rental loans and 680 for bridge loans.

Acqua's minimum fix and flip loan amount is $75,000. Minimum rental loan size is $75,000. Minimum rental loan asset value is $100,000. Minimum purchase price for bridge loans is $50,000.

Yes, Acqua Funding provides rental loans for 1-4 unit assets. Purchase and or refinances are available. Both rate and term as well as cashout. Acqua lends up to 80% on qualifying rate & term refinances and up to 80% on cashout refinances.Acqua Funding does not require any seasoning period prior to cashout refinancing a bridge loan.

No, Acqua Funding does not provide commercial financing in any capacity. Acqua Funding does not provide mixed use financing either.

Yes, Acqua Funding does provide rural, rental loan financing in some cases. This is done on a case by case basis.

No, Acqua only lends on 1-4 unit residential properties.

Yes, Acqua Funding can lend to foreign nationals if they have a work visa or green card.

Acqua Funding is a leading 1-4 unit residential direct lender & consulting agency that is focused on creating strong partnerships with real estate investors and efficiently delivering scalable financing solutions. Acqua lends on non-owner occupied, 1-4 unit residential investment purpose loans only. At Acqua, there is no ego, just fluid funding.

Yes, Acqua Funding has a whole arsenal of direct lending products. We have the ability to do bridge, rental, and ground up loans in house. 1-4 unit only.We have partnered with a large, institutional REIT, to assist us with deploying our capital.This partnership allows Acqua Funding to boast a price beat guaranteed for any lender in our space.

Yes, Acqua Funding is willing to outcompete any lender in the non-QM space on pricing so long as the deal/sponsor qualifies to their guidelines.Acqua Funding's recent financing partnership with a large, institutional REIT has allowed Acqua to confidently out-price anybody in their market.

No, Acqua Funding does NOT work with mortgage brokers in any capacity at the time.

Acqua Funding does not require hard credit pulls whatsoever.

Acqua Funding's Premium 1st Time Flipper program allows for up to 90% of purchase + 100% rehab, so long as the borrower qualifies via a high-quality credit profile. Our dedicated staff will run a preliminary approval for any loan scenario to let you know if you qualify for this program.

The "Standard Program" is geared towards investors with FICO 680-700. The "Premium Program" is geared towards investors with FICO 700+, generally speaking.

Acqua Funding funds nationwide with the exception of just a few states. Our in house program provides loans in all states except North Dakota, Nevada, South Dakota, Utah, and Vermont.

Acqua Funding's processing team will run a preliminary credit review(soft pull) which allows you to know which funding program you will be placed in once you start your investment journey. This is the easiest way to have 100% confidence going into your first deal, whether that be a fix and flip, a rental, or a ground up construction loan.