Lot Partitions
Lot partitions or confirmations across Oregon
Some AIC clients in Multnomah County have acquired homes in poor condition with the intention of demolishing them, then completing a lot confirmation and constructing new homes.
Other AIC clients have remodeled the existing home, then completed a lot partition to allow the construction of a new speculation home. AIC is uniquely positioned to help our borrowers take advantage of these types of situations.
Many lots originally platted in Multnomah County were 25 by 100 feet, but the standard was to construct homes on lots that were 50 by 100 feet. This has presented an opportunity for our clients. AIC has funded several projects that involved confirming the originally platted 25-by-100-foot lots, creating two building lots. AIC enjoys value-added real estate projects and we work with our clients to ensure they maximize the profit potential with any property.
How We Work
Are you new to real estate investment or private money lenders? AIC is always accepting quality loan requests for a variety of projects. Learn a bit about our process. Questions? Call us!
Get In Touch
Simply give us a call or fill out our form. We’ll assess your situation and provide a realistic evaluation.
As a direct lender, we can approve loans immediately and issue pre-approvals – no waiting, no middleman.
Apply
Once we’ve determined your project is a good fit, we’ll send the loan application. AIC doesn’t request debt to income ratios, bank statements, or typical documents that ordinary lenders need. Simply apply with our easy form.
Receive funding
We’ll open escrow once we have your application. You can sign at escrow and we’ll close and fund on the same day. It takes a few business days to receive the title report and to order loan documentation. Our process is streamlined and fast!
Pay the bill
It’s easy to pay your bill!
ACH payments are our preferred method, due to their convenience, fast processing time, and security.
We also take checks.
Why Partner With AIC?
Experience: Established 35 years ago, AIC has the knowledge and the skills to fund common-sense real estate loans in Oregon.
Personalized Service: Our small team of friendly experts tailor loans to the individual needs of our clients. Clients work with one person throughout the entire process to ensure a personalized touch.
Fast Funding: Our nimble team performs a variety of tasks in-house, such as underwriting and document-drawing, and we generally do not require an appraisal. Our process is easy and quick – we can usually close in 5-10 days if a complete file is provided.
No Junk Fees: AIC never charges any upfront fees or “junk fees” like document prep, underwriting, service fees, etc. We take pride in honest lending practices.
Competitive Rates: AIC provides both exceptional service and rates/fees that are competitive in the market.
No Draw Fees: AIC never charges any fees for construction draws or inspections. AIC typically processes construction draws the same day they are received.
