How to Get an Instant Hard Money Term Sheet (Before You Call a Lender)
- You can build a real, itemized fix and flip term sheet in about 3 minutes, with no phone call and no credit pull.
- It shows your loan amount, rate, every fee, your cash to close, and the proof of funds a lender will want to see.
- It is a preliminary estimate built on real lender pricing, not a binding commitment. Your final terms depend on the appraisal and file review.
When you are chasing a deal, the slowest part is usually the money. You find a property, the clock starts, and you still do not know what your loan looks like or how much cash you need to bring. Most lenders make you call and wait a day or two just for a ballpark. The instant term sheet skips all of that. You type in your deal and in about three minutes you get an itemized document, priced against real lender programs, that you can actually use before you ever pick up the phone.
What the Term Sheet Shows You
This is not a rate range on a landing page. It is a full, itemized term sheet with your name and property on it. Here is what is on the page:
- Your loan amount and how it is built (percentage of purchase plus your rehab budget)
- The interest rate and loan term
- Every fee, broken out line by line: down payment, origination, broker fee, title and closing
- Your cash to close, the actual number you wire at the closing table
- The proof of funds a lender will want to see in your account
- Your estimated monthly payment, at initial funding and at full draw
Does It Cost Anything, or Touch My Credit?
No, and no. It is free, and there is no credit pull. When the tool asks for your credit score, you are just telling it your range so it can match you to the right program. Whether you have an 800 or you are still rebuilding, I have lenders for it. Nothing gets run, and nothing hits your report.
The one thing to be clear on: this is a preliminary estimate, not a loan commitment. It is built on real lender pricing, so the numbers are honest, but I will come back to why the final number can move.
What to Have Ready
You do not need much. Before you start, have a rough idea of:
- The property address and purchase price
- Your rehab budget
- Your after repair value (ARV) estimate, what the property sells for once it is fixed up
- Roughly how much cash you have available
- Your credit range and how many deals you have done
If you do not have exact numbers, estimate. Running your deal math first helps, but you can always refine the inputs later.
How to Get Yours in About 3 Minutes
You do not have to imagine it. Below is the real mini term sheet, the same one that runs on the homepage. Drag the sliders, or click any number and type your own, and your loan amount, LTV, cash to close, and proof of funds recalculate as you move. It is the zero-commitment way to get a feel for a deal.
This is the real tool, not a screenshot. Same math as the homepage: it just does not save anything until you apply.
When you want the real, itemized sheet you can save and use, here is the flow:
Start the application and pick "I have a property"
Head to the apply page. If you have a property under contract or identified, choose the first path. If you are still shopping, the "Quick Pre-Approval" path gets you a letter you can make offers with.
Drop in your deal numbers
Property address, purchase price, rehab budget, and your ARV estimate. This is the same info you would give any lender, just without the phone tag.
Tell it what matters most to you
Fastest close, least cash out of pocket, or lowest rate. This is the important part. It is what routes your deal to the right lender program instead of a one-size-fits-all quote.
Get your term sheet
It generates instantly. You can view it, download the PDF, and it saves to your borrower portal so it is there when you need it.
Common Questions
Is an instant term sheet a real loan offer?
Will getting a term sheet run my credit?
How accurate is the instant term sheet?
What do I need to get a hard money term sheet?
Do I have to talk to anyone to get one?
Not sure how a specific deal pencils? Build the term sheet first, then we will look at the numbers together. It costs you nothing and it is the fastest way to know where you stand.
