Wrapable Loan
Inspired By Innovation

Wrapable

What is a Wrapable Loan?  

Inspired by innovation, we present to you the Wrapable Loan. Our wrapable is competitive, cutting edge, and one of a kind. This loan product is unique - it allows you to turn a property into a note. How can this be done? We do not have a "due on sale clause", which allows you to sell the property on owner-finance terms and 'wrap' that note around the one you have with us. You become the lender - and keep the interest difference (this is sometimes called "the spread").

Term of 20 Years With
No Balloon Payment

Interest Rate 8%
Up Front Points Of 6

Maximum Loan-To-Value
(LTV) is 70%

Why Owner-Finance?

Imagine a standard, rent-worthy house that you have just finished repairing. Below, we will compare the profitability of the different strategies of managing a rental vs. owner-financing using our wrapable note. This is a bare-bones breakdown of the expenses, will not include closing costs - only a rough overview of the profit and loss statements for each.

Rental Loan (20-yr, 7% Interest Rate)

After- Repair Value (ARV):  $100,000.00
Loan Amount: $70,000.00
 Monthly Cashflow: $127.29
 Annual Cashflow: $1,527.48

Rental Annual Profit and Loss

Rental Income: $14,400.00 Taxes: $1,000.00
Insurance: $800.00
Loss-to-Lease (Vacancy): $2,160.00
Note Payment: $6,512.52
Maintenance: $1,200.00
Management: $1,200.00
 Total Income:  $14,400.00  Total Expenses:  $12,872.52

Wrapable Loan (20-yr, 8% Interest Rate)

After- Repair Value (ARV):  $100,000.00
Loan Amount: $70,000.00
 Monthly Cashflow: $465.71
 Annual Cashflow: $5,588.52

Wrapable Annual Profit and Loss

Income*: $12,614.64 Note Payment: $7,026.12
 Total Income:  $12,614.64  Total Expenses:  $7,026.12

*Wrapable "Income" is from the note with the end-buyer.

Wrapable Good Faith Estimate

Wrapable Documents Required For Processing

ILS was created for Real Estate Investors, by Real Estate Investors.

"Our clients consistently see increased profit potential and deal volume when working with us."

Tom Berry, Vice President of Sales & Marketing

Our Skills & Expertise

We understand the difference that excellent customer service makes, so we made it our priority to provide that to our clients. ILS was founded by investors for investors. We have walked in your shoes and want to save you the headaches that we faced when we started out. We know what you’re looking for, what you need and what you expect. We strive to not only meet these needs but to exceed them. Don't just think of us as your lender, think of us as your lending partner.

Start with us, the easy money lenders of Texas.

Quick Closings

Excellent Customer Service

Easy Application