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Frequently Asked Questions

The essentials about Arion Fund

FAQ

What is Arion Fund?

Arion Fund is a boutique lending company, offering personalized small to midsize loans for real estate financing in the tri-state area. We are committed to building the best possible for your personal needs.

Why should I choose Arion Fund?

You should choose us if you’re looking for a one-stop-shop financing solution with tailored, fast, simple and flexible loans.

  • We take pride in our returning borrowers and value their business.
  • We’re quick, and will typically have your loan approved in 3-5 business days, upon submission of all required documents.
  • With us there’s no prepayment penalty or minimum term.

How does it work?

 There are three simple steps:

  1. Submit application
    Apply online, make sure you attach required documents and complete the form accurately. This should take about 5-10 minutes.
  2. Get approved
    After you submit the online form, we process your application and closing is typically completed within 3-5 business days.
  3. Get Funded
    Once your loan is approved, closing can be scheduled immediately.
What types of properties does Arion Fund finance?

We focus our lending activities on residential property only: single family, smaller multi-family, vacant property, unimproved land, refinance, cash flowing, and mixed-use assets in and around New York, New Jersey and Pennsylvania.

What size loans does Arion Fund offer?

We offer small to midsize loans ranging from $150,000-$3,500,000.

What are the loan terms and rates?

We offer loans with terms of 12-24 months and rates ranging from 7.99%-9.99%. We typically approve loans in just 3-5 days! You may submit a short pre-qualification form here.

What are the criteria for being approved a loan?

We are here to provide a loan tailored for you, whether this is your first project being funded, or one of many.
Basic qualifications include:

  • Age 18 and older
  • American citizen/company 
  • Minimum credit score of 600
  • No bankruptcies or foreclosures
  • No felonies within the past seven years
  • No record of financially-related offenses
Is there a fee for applying for a loan?

We collect a $1500 good faith deposit to cover third party underwriting costs.

What will happen after I apply for a loan?

After submitting your application, we will contact you within one business day for a brief call to confirm details and ensure we are building you the best loan possible. Your application will then be processed, and if all looks good, you will receive a confirmation email that your loan is approved. If we have any questions or need additional information, we will contact you.

How long will it take to receive the loan?

Once your loan is approved, you can expect to receive the money within 4-8 business days*.

* This is the typical timeframe, yet it also depends on third party vendors.

Can I repay my loan earlier than planned?

Yes, you can repay your loan earlier than originally planned. There is no repay penalty.

Who do I turn to for additional questions?

You may contact [email protected]