Frequently Asked Questions

Does Acorn Investment Tree offer commercial loans in my state?
Yes. We do financing for commercial properties in almost all 50 states

Can I qualify for a loan even if I don't live in the state where the subject property is located?
Yes. Unlike most others, Acorn Investment Tree will provide funding for a property that is located in a state other than where the borrower resides.

Does Acorn Investment Tree do loans to self-employed borrowers?
Yes, we do loans to self-employed individuals. We specialize in stated income and stated assets with no income tax verification programs for borrowers who are self employed or will have difficulty with income documentation.

How long must I own a property before I can apply for a refinance with cash-out?
We do not have a strict seasoning requirement and are willing to work with you to find a solution that suits your needs.

How long will it take to close my loan?
Loans usually close within 35 - 45 days; however, we will do everything possible to ensure your loan closes within your time frame.

Why is it valuable to apply for a higher loan-to-value (LTV) amount?
Applying for a loan with a higher LTV amount allows you to better leverage your money. The return on equity you receive from your investment will be higher when you put less money down. Less money out-of-pocket means more cash on hand to invest in your business.

Will Acorn Investment Tree accept an existing appraisal?
Possibly. If the appraisal was completed within the last six months, we encourage you to send it in for review. We try to keep borrower costs to a minimum and will typically accept a current appraisal of good quality.

Who is responsible for organizing the closing?
We handle all the details for your closing. If there is a title company you prefer to work with, we can schedule your closing with them; however, we do prefer to use title companies with which we currently have working relationships.

Who orders the title policy?
We order the title because it enables us to manage the deal and keep the process moving. We have relationships with title companies who understand the endorsements we require and are responsive to our needs.

What if the title is already in process?
We will work with you to help ensure there are no problems.

How does the appraisal process work?
After we receive a signed conditional pre-approval letter from the borrower and the estimated appraisal fee, we shop the appraisal with our network of appraisers throughout the country. Because of the volume of appraisal assignments ordered by us and our affiliates, we are able to command favorable pricing and turnaround times. Once we receive the estimated appraisal and processing fees, we will engage the appraiser. The appraisal generally takes 2 to 4 weeks to complete. The loan should close within a week thereafter.

What type of income verification do you require?
We specialize in stated income and stated assets with no income tax verification programs for borrowers who are self employed or will have difficulty with income documentation.