Frequently Asked Questions

Michigan and Texas.

Commercial, investment residential (Texas only), construction, industrial, retail, agricultural, and land.

No. We do not lend on a borrower’s current residence. Loans are limited to business purposes.

• The borrower’s loan fees are paid at closing along with third-party costs (title fees, appraisals, etc.), which are paid directly to the vendor.
• Albion Investment and Loan’s fees are not paid until closing and often can be financed into the loan.

• We are an asset-based lender. When the collateral is worth sufficiently more than the loan request, we can fund the loan regardless of the borrower’s adjusted gross income on their 1040 or the bottom line on their 1120 or 1165. We also give little to no weight to the credit score of the borrower.
• Traditional lenders have a list of guidelines, each item of which must be met to issue a loan approval. Many times, a borrower will not meet one of the guidelines, but will far exceed the minimum standards of the other guidelines and, as a result, have their loan request denied. For example, a lender might have a minimum credit score requirement of 640 and will lend 97% of the real estate’s value, but if a borrower has a 600 credit score and only needs 50% of the real estate’s value, the loan will get denied.
• We have a long track record of helping our clients by successfully funding loans based on OUR criteria for the same loans other lenders have denied.

• Our fees are far less than the value we deliver.
• Our costs are competitive, especially when comparing the costs to other lenders who deny your loan. Costs vary depending on the details of each loan. All costs, fees, interest, and terms are clearly outlined in writing well before the loan is finalized.
• Please call us at (800) 972-0407, so we can discuss your lending needs and objectives.

• While we consider all aspects of a potential loan, the value of the collateral (property) is our primary consideration.
• We also base our decisions on the business purpose of the loan and the opportunity it provides the borrower.

Funding time can vary depending on the details of each loan. We have funded many loans in just a few days.

• Again, it can vary depending on the details of each loan, but because we fund all our loans in-house, WE determine the course of the documentation/paperwork process.
• We recognize Entrepreneurs, Business Owners, the Self-Employed, and Real Estate Investors often have unique circumstances (and unique opportunities) that are not always understood or appreciated by traditional lenders. We do not “pigeon-hole” our borrowers and their needs.
• We also understand Entrepreneurs, Business Owners, the Self-Employed, and Real Estate Investors frequently have many immediate tasks at hand that are more important than completing substantial amounts of duplicative paperwork, so we offer a streamlined application process.