What documents do I need to close a loan?

Signed Term Sheet Commitment Fee Payment – Our commitment fee varies from deal to deal but is typically around $1,400. This includes the attorney fees and appraisal fees. Borrower Information- Full Name, Address, Birthdate, SSN (of all LLC members), Purchase and...

How fast can I get a construction draw?

The key to fast draws is providing our inspector access to the property. If the property is on a lockbox and our inspector has immediate access, the draw can be processed ASAP.   Need more info? Click the blue icon on the bottom right of your screen to Live...

How will funds be transferred to my account?

WCP typically uses ACH transfers to send the funds to our clients, as there are no associated fees. We can also use bank wires at the request of our clients.   Need more info? Click the blue icon on the bottom right of your screen to Live Chat!

Does WCP perform a credit check?

Yes, WCP will perform a credit check after receiving a loan application (we will never pull your credit without your authorization). While we do require a credit check, we take into account multiple other factors when creating a full borrower profile, so don’t...