Loan Faqs

How to get approved for a loan at Axis Funding, you would follow these steps:

 

1. Approach Axis Funding to request a loan. You can do this by visiting their website and filling out the appropriate loan application. They offer different types of loans, including personal loans, business loans, and mortgage loans.

 

2. Axis Funding will review your financial information. This process is typically quicker than traditional banks as they base their loans on different factors.

 

3. If your loan is approved, you will negotiate the terms of the loan with Axis Funding. This includes the interest rate, repayment period, and collateral.

 

4. Once the terms are agreed upon, Axis Funding will provide the funds to you.

 

5. You will repay the loan to Axis Funding, plus interest, over the agreed-upon period.

 

Axis Funding's loan package takes only minutes to complete with no proof of income needed or tax returns, just equity. They can fund very quickly, usually within 10 days. However, it's important to note that private money loans like those offered by Axis Funding typically have higher interest rates and shorter repayment terms than traditional loans. As of the time of the information on their website, the rates are equivalent to institutional and bank lenders starting at 6.99%.

 

If you're in the market for a private money loan, Axis Funding could be a good place to start. They help buyers, sellers, investors, and developers fund and finance their projects quickly. They've closed loans in as little as 4 days, although most loans usually take 2 weeks or more.

 

Remember, it's important to do your research and understand the risks involved with private money loans. You should also compare the terms of multiple loans before making a decision.