My Funding Mentor

The Credit Solutions You Need

Down Payment Financing

by Eclipse Funding

Attention Real Estate Investors!

Are you looking to purchase an investment property but don’t have the 25% to 35% down payment? Now, you can finance your down payment through our Down Payment Funding Program, specifically designed for our Clients.

Eligible Programs:

The Down Payment Program is available for clients applying to the following loan programs:

  • 100% CLTV
  • Bridge
  • Commercial
  • Fix & Flip
  • Hard Money
  • Landlord Program

If you are planning to or have already applied to one of these programs, you may qualify for the Down Payment Program.

Exclusive Program:

This program is exclusive to Eclipse Funding LLC clients.

Program Guidelines:

  • Loan Amounts: $20,000 to $500,000
  • Term: 5-year fixed
  • Minimum FICO: 720+
  • Credit History:
  • Maximum 5 credit inquiries
  • No recent negative items
  • At least 5 active accounts
  • Rate: 7% to 20%
  • Annual Income: At least $55,000
  • Funding: As soon as 7 days

Minimum Requirements:

  • Proof of income
  • Tri-Merge Credit Report fee of $57

This program enables you to finance your down payment, making it easier to invest in real estate properties without the immediate financial burden. Apply now and take advantage of this exclusive opportunity!

Down Payment Loan – Checklist

  • 2 Recent Years of Personal Tax Returns (all pages)
  • 3 Months of Recent Bank Statements (all pages)
  • 4 Recent PayStubs (if working)
  • Award Letters – SSI / SSD (if any)
  • Award Letters – Pension
  • Credit Report Fee
  • Down Payment Funding Agreement (download from our website)
  • Driver’s license or State ID. (Must be color for verification purposes)
  • Social Security card
  • Utility Bill
  • Voided Check

Here are the steps moving forward

  1. Subject Property Address in Subject Line when sending back the documents.
  2. Budget of project, purchase price, or Loan Amount.
  3. After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
  4. Down Payment -Bank Statement or Statement for down payment if applicable.
  5. Check your credit scores here:/ send or upload a copy of the report and all scores.
  6. Please send me a copy of your credit report with scores and the attached documents.
  7. 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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