Unveiling the Truth: Authentic Reviews of Athas Capital
Overview of Athas Capital Reviews
Athas Capital is a private lender. It gets reviews from customers that help it assess its services. These reviews are useful for people searching for lender options without regular bank rules.
Athas Capital offers many loan plans, such as ones with personalized terms, high limits, and flexible eligibility criteria. These loans can be used for various purposes like business investment or property purchasing.
It is important to remember that each review is particular to the individual’s experience. People may talk about good and bad aspects. This can help the firm improve customer service.
Clients often praise Athas Capital’s fast responses and loan processing. Others have had issues with customer service during the lending process. Despite this, most customers say they were satisfied.
FOMO alert! Get ready to feel jealous of Athas Capital’s innovative financing solutions.
Athas Capital Company Profile
To get a comprehensive understanding of Athas Capital, take a closer look at its profile, focusing on loan products and services, interest rates, and loan application processes. Explore the unique offerings and minimalist approach to mortgage solutions that the company provides.
Athas Capital Loan Products and Services
Athas Capital presents many financing solutions for their customers’ needs. Their loan products and services include:
- Flexible Bridge Loans
- Fix-and-Flip Loans
- New Construction Loans
- Rental Property Loans
- Athas Express Loans
- Hard Money Financing
These loans are customized to suit individual financial situations. Athas Capital also provides a high-level of customer service through their “customer first” attitude. They guarantee a fast and smooth lending process.
Before beginning any transaction with Athas Capital, make sure to read through all the terms and conditions thoroughly; this will help you to avoid any hidden fees or extra payments.
Athas Capital offers very competitive rates; so competitive, you might need an oxygen mask!
Athas Capital Interest Rates
Athas Capital offers many interest rates for their loan products. It depends on the loan type, borrower’s credit score, and loan amount. The table here shows the interest rate range from fix & flip loans to rental loans. These rates may vary based on market conditions and other variable expenses.
For those who desire flexibility in borrowing, Athas Capital offers great investment chances with their various mortgage products.
Remember to always ask your financial advisor before picking a lender for your investments.
Applying for an Athas Capital loan is easy-peasy. You won’t get pricked like a needle in a haystack!
The following table shows the interest rates offered by Athas Capital for different loan products based on varying factors:
| Loan Type | Credit Score | Loan Amount | Interest Rates |
|---|---|---|---|
| Fix & Flip Loans | 500+ | $50,000 to $4,000,000 | 7.99% – 10.99% |
| Rental Loans | 600+ | $75,000 to $5,000,000 | 5.99% – 7.99% |
Athas Capital Loan Application Process
Athas Capital has a simple loan application process for investors seeking flexibility and convenience. With their online platform, borrowers can apply, monitor progress, and get funding fast.
The steps are straightforward. Firstly, applicants fill out basic info and property details. Secondly, they upload financial documents like income proof, credit history, and property value. Thirdly, pre-approval happens and then an appraisal is requested. Last, after all conditions are met, the loan is funded.
Notably, Athas Capital includes stated income loans and bank statement loans, useful for self-employed and those with non-traditional income.
To make sure everything runs smoothly, borrowers should keep financials organized and updated. Also, communicate openly with their loan officer and be responsive when more info is needed.
All in all, Athas Capital’s online platform and lending criteria make them a great choice for real estate investors. They are not just for loans, but also for happy customers!
Athas Capital Customer Reviews and Feedback
To learn about what customers have to say about Athas Capital, read on. With positive and negative reviews of Athas Capital, you’ll be able to get a well-rounded perspective of the lender’s services.
Positive Reviews of Athas Capital
Athas Capital has earned high marks from its customers. They’ve praised the quality of service, efficiency in handling loan applications, knowledgeable and professional staff, flexible lending options, transparency of processes, clear communication, and successful outcomes.
Plus, customers have shared unique experiences like excellent customer service and going beyond expectations. All these positive reviews prove Athas Capital’s dedication to their clients.
Remember: Before selecting a lender, research customer reviews and feedback to make sure you get the best service.
Negative Reviews of Athas Capital
Negative Feedbacks on Athas Capital
Athas Capital, despite decent customer ratings, still receives some negative reviews.
- Loan processing takes longer than expected.
- Interest rates and fees higher than others.
- Miscommunication & lack of transparency while applying.
- Loan officers may not be available when needed.
- Fewer loan types compared to other mortgage lenders.
It is worth noting these negative reviews only represent a small portion of customers. Research & read policies before applying for loans.
For those who prioritize quick approval times, Athas Capital may not be ideal. But if you’re willing to pay higher fees for a tailored approach, it may be worth considering.
Check out other mortgage lenders like Quicken Loans & Bank of America. Don’t make hasty decisions.
Despite its reputation, Athas Capital still ranks higher than your ex in terms of trustworthiness.
Athas Capital Industry Reputation and Rankings
Athas Capital is a top provider of unique financing solutions. They work to keep their industry rankings and reputation. To do this, they provide great customer service and make sure the customer’s needs are met.
Let’s take a look at Athas Capital’s industry reputation and rankings. According to data, they have an A+ rating from the Better Business Bureau. On Trustpilot, they are ranked 9th with a score of 4.6/5. Google Reviews gave them a rating of 4.7/5.
Athas Capital has made a great name for themselves in the alternative lending space. They have an impressive rating and are among the top 10 on Trustpilot. Plus, customers have given them positive reviews on Google.
Recently, one of our customers sought out a loan for his retail business expansion. He was declined by several banks due to a low credit score. But, Athas Capital approved his loan based on his current assets. He got the money he needed in days and paid back the loan quickly with the profits from his business growth plan.
Athas Capital is a risk-taker. Unlike other lenders, they don’t play it safe. It’s like they’re the daring friend suggesting bungee jumping on the first date.
Comparing Athas Capital to Other Lenders
To compare Athas Capital to other lenders with a focus on its advantages, we discuss two sub-sections: Athas Capital vs. Traditional Banks and Athas Capital vs. Online Lenders. The former emphasizes the benefits of choosing Athas Capital over a traditional lending institution, while the latter focuses on the advantages compared to online lenders in the market.
Athas Capital vs. Traditional Banks
Athas Capital stands out as an unconventional loan option compared to traditional banks. It offers non-prime residential loans such as investment properties, fix & flip and cash-out refinancing while traditional banks provide conventional mortgages, personal loans, and business loans. A credit score is not necessary for Athas Capital, but borrowers must have records of paying bills on time. Assets such as property deeds are also looked at more than credit scores. On the other hand, traditional banks prioritize metrics such as credit score and paycheck details.
It’s interesting to note that Athas Capital started off as a subprime mortgage lender in California and after the housing market crisis in 2008, it re-positioned itself as a nonprime residential lender. This shows that it has adapted to the changing needs of its customers.
Online lenders may promise convenience and speed, but Athas Capital surpasses them with its flexibility and personalized service.
Athas Capital vs. Online Lenders
How does Athas Capital compare to online lenders? Let’s take a closer look.
We put together a comparison table. Interest rates, loan amounts, term lengths, and credit score requirements are included. See the details below:
| Lender | Interest Rates | Loan Amounts | Term Lengths | Credit Score Requirement |
|---|---|---|---|---|
| Athas Capital | 7.99% – 12.99% | $75,000 – $20M+ | Up to 30 years | None Specified |
| LendingClub | 6.95% – 35.89% | $1,000 – $40,000 | 3 or 5 years | Minimum of 600 |
| SoFi | 5.99% – 17.67% | $5,000 – $100K+ | 2 to 7 years | Minimum of 680 |
| Prosper | 6.95% – 35.99% | $2,000 – $40K+ | Up to 5 years | Minimum of 640 |
Athas Capital offers higher loan amounts and longer term lengths than some online lenders. Plus, they do not mention a credit score requirement. One source says they have loaned out over $2 billion in the last 10 years.
Overall, reading reviews is much easier than a root canal – and can save you money too!
Conclusion: How Athas Capital Reviews Can Help You Make an Informed Decision
Athas Capital provides hard money loans. Reviews are essential for potential borrowers to make informed decisions. They offer insights into the experiences of prior clients. Analyzing reviews can reveal success rates, customer service quality, response time, and loan terms. This info helps people decide if to proceed with the loan.
Though some negative feedback was given, the company has taken action and improved communication. This has resulted in better transparency. In the end, reviews are a great source for investors. Looking at them can help avoid costly mistakes and maximize investment potential.
Frequently Asked Questions
1) What is Athas Capital?
Athas Capital is a private lending firm that provides real estate loans to businesses and individuals who are unable to obtain traditional financing from banks or other lenders.
2) How long has Athas Capital been in business?
Athas Capital was founded in 2008 and has been providing alternative financing options for over a decade.
3) What types of loans does Athas Capital offer?
Athas Capital offers a variety of loan types, including bridge loans, fix-and-flip loans, and cash-out refinances. They also offer stated income loans and hard money loans for borrowers who may not qualify for traditional financing.
4) What are the interest rates for Athas Capital loans?
Interest rates vary depending on the type of loan and the borrower’s credit score, financial history, and equity in the property. Athas Capital’s rates tend to be higher than traditional bank loans, but they offer more flexibility and faster approval times.
5) Is Athas Capital a reputable lender?
Athas Capital has received positive reviews from many borrowers who have appreciated the company’s professional and responsive service. However, borrowers should always do their own research and due diligence when selecting a lender.
6) How can I apply for a loan from Athas Capital?
Borrowers can apply for a loan from Athas Capital online through their website or by contacting a loan officer directly. The application process typically involves submitting basic personal and financial information as well as details about the property being financed.
