Loan purpose
Acquisition loans, matched to your deal
An acquisition loan is the debt that closes a purchase: the lender funds against the contract price and the property that secures it, and the borrower brings the equity that covers the rest. It is the most common purpose on the platform, and almost every structure can serve it, which is exactly why the same purchase file gets very different answers from a bank, a bridge desk and an agency lender, and why it belongs in front of several at once.
- 5,000+loan programs screened
- 5–8matches on a typical deal
- $0 upfrontto submit and compare offers
- 0.50–1.00%broker fee, paid only at closing
Who is an acquisition loan actually for?
Anyone buying an income property rather than refinancing one they already own: a stabilized building that qualifies for permanent debt on day one, a value-add asset that needs a bridge until the business plan is done, or a site that will be developed after closing. The purpose is the same in each case. What changes is the structure the purpose is served by, and the lender who is right for it.
What do lenders disagree about on a purchase?
Basis and timing, mostly. Programs take different views on whether the purchase price or the appraised value governs leverage, how much of the closing costs and reserves can be financed, what a contract deadline means for their process, and how much weight the seller's operating history deserves against the buyer's own plan. A bank and a bridge lender can read the same contract and land far apart on all four, which is the argument for a purchase going out to both.
What should be ready before a purchase file goes out?
The executed contract with its dates, the trailing operating statements and the current rent roll, a sources-and-uses that shows where the equity comes from, and a clear statement of what happens after closing: hold, improve, or build. Files that arrive with the contract timeline already reconciled to the lender's own process get taken seriously faster, because the first thing a purchase desk does is test whether the closing date is achievable.
How does getting matched actually work?
You describe the deal once — about five minutes — and it is screened against 5,000+ loan programs. Most deals return 5–8 matches, and the median first offer arrives in under an hour. There is $0 upfront; the fee is 0.50–1.00%, paid only at closing.
YieldStack is a commercial mortgage brokerage, not a lender. The rate, the leverage and the credit decision belong to the lenders competing for your deal; our job is making sure the right ones see it at the same time, so the terms you compare are real competition rather than one desk’s appetite.
What do lenders actually look at?
Every program weighs these in its own way — which is the argument for several quoting at once.
- Whether the contract price is supported by the income and the comparable sales
- Where the equity comes from and whether it is verified
- The buyer's track record with this asset type and this plan
- How the closing deadline fits the lender's own underwriting timeline
- What the plan is after closing, and which exit it points to
Frequently Asked Questions
Does the loan size come from the price or the value?
It depends on the program. Many lenders size a purchase off the lower of price and appraised value, and some will look through to value when the buyer is clearly buying below market. That is a program rule, and it varies.
Can closing costs be financed?
Sometimes, in part. Bridge and construction programs are more likely to allow it than permanent lenders, and the answer usually depends on how much equity the buyer is contributing. It belongs in the sources-and-uses from the start.
What if the contract deadline is tight?
Say so up front. Some programs are built for speed and some are not, and a file that names its deadline lets the lenders who can meet it self-select rather than discovering the problem at the end.
Is a purchase easier to finance than a refinance?
Neither is easier, they are read differently. A purchase brings an arm's-length price and a fresh basis; a refinance brings operating history under the current owner. Lenders weigh those differently by program.
Can one loan cover the purchase and the renovation?
Yes, where the structure supports it. Bridge and value-add programs fund an acquisition together with a renovation budget released in draws, and construction programs do the same for a build.
Do I need the property under contract to get matched?
No, though a contract sharpens the file. A deal can be screened on a target property and a proposed price so the buyer knows which lenders will engage before going firm.
Is YieldStack a lender?
No. YieldStack is a commercial mortgage brokerage, not a lender. Every term sheet comes from a lender in the network and is subject to that lender's underwriting.
Does it cost anything to see terms?
No. It costs $0 upfront to submit a deal and review offers; YieldStack's broker fee is 0.50–1.00% of the loan amount and is paid only at closing.
Is financing guaranteed?
No. Every credit decision is made by the lender; YieldStack arranges the introductions and negotiates on the borrower's side, and no loan, rate, or closing is guaranteed.
Next step
One deal.Several lenders.
YieldStack is a commercial mortgage brokerage, not a lender.