FAQs

Silvester Group Credit Plan is a leading real estate financing company that specializes in fix and flip loans and commercial bridge loans. We offer tailored financial solutions to help investors and property owners succeed in the competitive real estate market.

A fix and flip loan is a short-term financing option designed for real estate investors looking to purchase, renovate, and sell properties for profit. Silvester Group Credit Plan provides funding for both the acquisition and renovation stages of your fix and flip project.

A commercial bridge loan is a temporary financing solution used to bridge the gap between a real estate transaction’s immediate funding needs and its long-term financing. It is particularly useful for investors acquiring or refinancing commercial properties.

Our loan application process is streamlined and straightforward. You can start by contacting our dedicated investment specialists. We’ll review the submission,  assess the needs, and let you know what we can or cannot offer. 

While specific criteria may vary, we typically consider factors such as property value, renovation plans, liquidity, credit and experience as a real estate investor.

We provide financing for a wide range of properties, including single-family homes, multi-family properties, commercial properties, and more. Contact us to discuss your specific property and financing needs.

We do not lend on primary residences,  assisted living facilities, vacant land, churches, restaurants, horizontal development projects and pre-development projects.

We understand the importance of timely funding. Once we have all the necessary information, our team strives to provide swift loan approvals. Funding timelines can vary depending on the complexity of the project and the documentation required, but we have the ability to close loans in as little as 5-10 business days.

Yes, we welcome both seasoned investors and first-time investors. Our team is here to offer guidance and support, regardless of your experience level.

Our loan terms and conditions may vary, but we strive to provide flexible options. We can discuss prepayment penalties and other terms during the loan application process.

No, we only lend to an entity – LLC or Corporation.

Yes, in almost all cases.

No, we only lend to investors. All of our loans must be non-owner-occupied.

No, we are a 1st lien lender only.

Yes, but only to experienced contractors or builders.

Yes, but it depends upon the particular circumstances of the loan and individual circumstances of the borrower.

Yes, we value repeat customers.

We do not have set income requirements for the borrower, but the borrower and/or the asset must be able to demonstrate the ability to pay scheduled interest.

$200,000 – $20,000,000

Connecticut: Silvester Group lends in all counties in Connecticut: Hartford, Fairfield, New Haven, Storrs, Litchfield, Middlesex, Essex, Tolland, New London and Wyndham.

New York: Silvester Group lends in New York City (all boroughs), Nasssau, Orange, Rockland, Suffolk, and Westchester, Putnam, Saratoga, Albany, Dutchess and Richmond counties.

New Jersey: Silvester Group lends in Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Sussex, Union, Warren.

Florida: Silvester Group lends in Miami-Dade, Broward / Fort Lauderdale, Palm Beach, Hillsborough / Tampa, Orange / St. Johns, Duval / Jacksonville, Pinellas / Clearwater, Sarasota, Collier / East Naples, Indian River / Vero Beach, and Monroe / Key West counties.

Maryland: Silvester Group lends in Anne Arundel, Baltimore, Baltimore City, Cecil, Charles, Harford, Howard, Montgomery, and Prince George.

Massachusetts: Silvester Group lends in the greater Boston area; Suffolk, Norfolk, Essex, Middlesex, and Plymouth.

Pennsylvania: Silvester Group lends in Berks, Bucks, Chester, Delaware, Lehigh, Montgomery, Northampton, and Philadelphia.

Virginia & D.C.: Silvester Group lends in Arlington, Alexandria, Fairfax, Washington D.C.

Vermont: Silvester Group lends in all counties in Vermont.

New Hampshire: Silvester Group lends in all counties in New Hampshire.

Maine: Silvester Group lends in all counties in Maine.

Colorado: Silvester Group lends in El Paso / Colorado Springs, Denver, Arapahoe, Jefferson, Adams, Larimer and Boulder counties.

Texas: Silvester Group lends in Harris / Houston, Dallas, Tarrant / Fort Worth, Bexar / San Antonio, Travis / Austin, Collin / McKinney counties.

North Carolina: Silvester Group lends in Mecklenburg / Charlotte, Wake / Raleigh, Guilford / Greensboro, Forsyth / Winston-Salem, Cumberland / Fayetteville, and Durham counties.

South Carolina: Silvester Group lends in Greenville, Richland / Columbia, Charleston, Horry / Conway, Spartanburg, and Lexington counties.

Idaho: Silvester Group lends in Ada / Boise, Canyon / Caldwell, Kootenai / Coeur d’Alene, and Bonneville / Idaho Falls counties.