RightWay Loans

Email

info@rightwayloans.biz

Head Office

1141 7th Avenue New York City, NY, 10036

Phone Number

(917) 728-1227

Email

info@rightwayloans.biz

Head Office

1141 7th Avenue New York City, NY, 10036

Phone Number

(917) 728-1227

Loan Process

Loan Process

Step 1: Request and Submit a loan application to jeffrey@rightwayloans.biz.
 
Step 2: If the loan meets RightWay lending requirements, then a Term Sheet is issued.  This Term Sheet is a detailed outline of how the loan will be structured, including pricing and all requirements.

Step 3: Once you approve the Term Sheet, a more detailed Commitment Letter is prepared and sent to the borrower – usually within 48 hours.

Step 4: RightWay Loans will begin an underwriting process as soon as the signed Commitment Letter is received.

Step 5: RightWay Loans prepares the loan documents and the loan is funded immediately after the underwriting approval. The entire process from application to closing usually takes only 2 to 5 business days.

Step 1: Submit a loan application ONLINE, for a quicker response send an email to jeffrey@rightwayloans.biz.

Step 2: If the loan meets RightWay Loans hard money lending requirements, then a Term Sheet is issued.  This Term Sheet is a detailed outline of how the loan will be structured, including pricing and all requirements.

RightWay Loans will deliver the Term Sheet within 24 hours of receipt of all required materials.

Step 3: Once you approve the Term Sheet, a more detailed Commitment Letter is prepared and sent to the borrower – usually within 48 hours.

Step 4: RightWay Loans will begin an underwriting process as soon as the signed Commitment Letter is received.

Step 5: RightWay Loans prepares the loan documents and the loan is funded immediately after the underwriting approval. The entire process from application to closing usually takes only 2 to 5 business days.