Fast & reliable funding for your next real estate project

We're a local private lender providing fast and flexible financing to real estate investors for all kinds of projects

Full Service Lending Made Easy

Finances shouldn't slow your next project down

Fix & Flip

Short-term financing for real estate investors buying, renovating, and selling or refinancing for long-term holding

New Construction

Flexible financing for the acquisition and construction of ground-up projects

Buy & Hold

Long term financing for cash flow investments like rental properties

Transactional

Great for wholesalers looking to buy and resell property using a double closing

The 1st Truitt Difference

We strive to make the process as easy as possible

1st Truitt Financial is a private real estate lender headquartered in Atlanta, Georgia serving real estate investors around the country. Defined by an experienced team and innovative loan programs, 1st Truitt is the ideal financing partner for real estate investors of all experience levels and specialties. Whether an investor is fixing and flipping, financing a cash-flowing rental, or building ground-up, we have a solution to fit those needs.

Getting Started

We strive to make the process as easy as possible

With years of local residential & commercial investing experience, we know what our borrowers are dealing with. We know what our borrowers need from a financial partner because we’ve been in your shoes too. We strive to make the process as easy on you as we want it for ourselves. When we commit to terms, they won’t change because we know first-hand how disruptive that can be to your investing plans.

01

Submit Inquiry

Share some simple project parameters and we’ll give you a quick idea of whether we think it is something we can help with

02

Approve Your Terms

We will put together terms that are customized for your project. When we commit to terms, they won’t change

03

Start Your Project

We strive to make the process as easy on you as we want it for ourselves. We’ll be there with you throughout your project

04

Relax

Enjoy knowing that your projects are in good hands from here on out

Frequently Asked Questions

What is a hard money loan?

A hard money loan is a type of asset-based loan financing through which a borrower receives funds secured by real property.

What steps do I take to obtain a hard-money loan?

Begin the application process by clicking “Inquire Now” at the bottom of the page.

What states do you lend in?

We lend nationwide except for AZ, MN, NV, NY, SD, ND, OR & UT.

Can I get a loan if I am a 1st-time flipper with no experience?

YES!  1st Truitt works with new investors every day.  The real estate investment industry has seen a huge increase in the number of active renovators over the past 10 years.  We make it a priority to build long-term relationships with those new to the industry, and are happy to take the time to educate new investors and walk you through the process from start to finish.

Will you lend money for the Renovation?

Yes! We will lend up to 100% of the rehab costs.

How fast can I get my money?

With you and the seller’s assistance, we typically fund in 10 days or less.  Our goal is for 1st Truitt to never be the delay in getting your loan closed.  Once we have a completed application and your documentation in place, we can pre-approve you.  And once we have a clear title, appraisal, and inspection report, we fund the loan. How much money do I need to bring to the table at closing? What are your loan terms? How much money do I need to put down on a property before you’ll give me a loan? Do you require collateral other than real estate?

What are the advantages of using hard money?

Simple qualification process, Easier to get approved, Faster Closings, Allows for multiple deals at once, Leverages your money almost 3 to 1 verses conventional or bank financing

What is LTV and ARV?

LTV is Loan to Value. It is a ratio of the value of the property in relation to the loan amount. ARV is After Repair Value and it is one of the ways that 1st Truitt is preferable to traditional lending. Because we loan based on the value of the improved or newly constructed property, you are able to tap into the full equity value of the completed project.

Is there a prepayment penalty?

1st Truitt NEVER has a prepayment penalty on our loans!  You are permitted to pay off your loan at any time prior to its maturity date without any penalty.

Can I get approved for several loans at once?

Yes!  We look at your assets, financials, and your experience to get the whole picture.  We could approve you for several simultaneous loans, for a total financing package up to $2M.  Every individual property needs to be appraised and inspected, and every loan needs to stand on its own merits, but we have approved our more experienced investors for up to 7, even 12+, simultaneous loan projects at a time.  As individual loans are paid off and new loans are taken out, we would need to periodically update your financials to confirm that you have the financial standing to support the loan burden you are taking on.

Will 1st Truitt provide a proof of funds letter?

Yes, 1st Truitt will provide a proof of funds letter after the potential borrower has been financially qualified.  The proof of funds letter will be contingent upon further review of the borrower and the collateral.

Hear What Our Clients Say

500+ Investors have trusted us to fund their latest projects

George Owens

I would give them 5 stars! They are easy to work with, close quickly, release draws quickly, and are always willing to work with you! This team is top-notch, with great customer service skills, and willing to help guide you on the way! I would give them 5 stars! They are easy to work with, close quickly, release draws quickly, and are always willing to work with you! This team is top-notch, with great customer service skills, and willing to help guide you on the way!

Max Tanner

I have been working with 1st Truitt for the past 3 years and they always fund on time and have good terms for our fix and flip projects. Their underwriting and turn time is faster than any other lender we have ever used. I would definitely recommend!

Kim Fosley

1st Truitt, thanks for making it happen today. Working with a local, direct decision-maker with flexibility such as yourself has been the best experience I've had with a lender since we started purchasing properties.

*Bridge loan rates and terms are based on a combination of factors: LTV, FICO, and experience and are subject to change. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas.

†Rental loan and Rental Portfolio loan rates and terms are based on a combination of factors: LTV, FICO, and experience and are subject to change. Non-owner-occupied rental properties only. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas. Cash-out LTV based solely off of appraised value, not cost basis.

+Ask your loan originator how a Rental Portfolio Loan positively impacts you as an individual.

Loans available Nationwide with the exception of CA, AZ, NY, ND, SD & NV. Prepayment penalties as allowable by state for rental loans.

We are a local direct private lender providing fast and flexible financing to real estate investors for all kinds of projects

Contact Us

cory@1truitt.com

(678) 936-1535

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