Piggyback Funding

(by Eclipse Funding)

You’re Invited to Get Pre-Approved!

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Welcome to the Eclipse Funding Piggyback Loan Program, a revived and improved version of a popular program from before the 2008 market crash. Designed for real estate investors looking to earn residual income or expand their portfolio, this program is ideal for financing:

1 – 4 Units
5+ Units
Mixed-Use Properties

With the current market favoring landlords, now is an excellent time to invest in rental properties.

Nationwide Availability:

The EFLLC Piggyback Program is available nationwide!

How Does This Program Work?

The Piggyback Loan Program combines two loans to help you finance your real estate investment. Here are the standard guidelines:

Program Guidelines:

Loan Amounts: $100,000 to $2,000,000
Term on 1st Loan: 30-year Fixed
Term on 2nd Loan: Up to 5 years
Minimum FICO Score: 720+
Rate on 1st Loan: 6% to 10+%
Rate on 2nd Loan: 7% to 20%

For a more comprehensive understanding of the guidelines, download the full guidelinesto see if your project is a good fit.

Minimum Requirements:

Proof of income
Tri-Merge Credit Report fee of $57
Valid Driver’s License or State ID
Checking account
Application Fee: $295 (Waived)
Social Security number

This program provides a flexible and effective financing solution for real estate investments. Apply now and take advantage of the Piggyback Loan Program to start or expand your real estate portfolio.

Piggyback Loan Program – Checklist

2 Recent Years of Tax Returns (all pages)
3 Months of Recent Bank Statements (all pages)
Agreement of Sale (AOS – all pages)
Appraisal Report
Articles of Incorporation, EIN & signed
Operating Agreement
Driver’s license or State ID. (Must be color for verification purposes)
Personal Financial Statement (See Attached)
Real Estate Owned (See Attached)
Rent Roll (See Attached)
Social Security card
Utility Bill
Voided Check

Here are the steps moving forward

Subject Property Address in Subject Line when sending back the documents.
Budget of project, purchase price, or Loan Amount.
After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
Down Payment -Bank Statement or Statement for down payment if applicable.
Check your credit scores here: / send or upload a copy of the report and all scores.
Please send me a copy of your credit report with scores and the attached documents.
Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com

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