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Boomerang Capital Partners

Boomerang Capital Partners

Mesa, Arizona
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Boomerang Capital Partners

2152 S. Vineyard, Suite 105, Mesa, AZ 85210
480-779-9779
info@boomerangcapital.com
Website

Vetted Provider

This vendor has been evaluated and confirmed as active, reputable, and qualified to lend.

About

$1B+
Capital Deployed
2006
Year Founded
Boomerang Capital Partners is a Mesa, Arizona-based direct balance sheet lender specializing in residential fix-and-flip financing. Founded in 2006 and licensed under Arizona BK-1001146 (NMLS 1644075), the company has deployed over $1 billion in loans across thousands of investment properties, with $356M+ funded in the past 12 months alone. Boomerang offers four tiered loan programs - Cosmetic Flip, Intermediate Flip, Major Flip, and Acquisition Bridge - each sized to match the scope and complexity of the investor's project. The company lends to experienced investors in Arizona, Colorado, Texas, Utah, Oklahoma, and Tennessee, focusing on non-owner occupied residential properties where investors are adding measurable value to the community. With 24 team members, Boomerang operates on its own balance sheet using a combination of proprietary capital, a managed debt fund, individual investor capital, family offices, and private equity. Every loan is asset-based with no credit check required, draws fund in 1 business day with interest charged only on drawn funds, and closings occur in as few as 1 to 3 business days. The company is a member of the American Association of Private Lenders and sits on the Forbes Real Estate Council.

Key Differentiators

Why investors choose this lender:

  • Tiered flip loan programs matched to project scope - Cosmetic, Intermediate, and Major Flip tiers ensure the loan structure fits the actual renovation complexity rather than forcing all projects into one generic product box
  • $1B+ deployed, 14+ years in business, 1,346 loans in past 12 months - one of the most active and experienced regional hard money lenders in the Southwest; Elementix data confirms $356M+ funded in the past year alone
  • No credit check on any loan - asset-based underwriting only; FICO score has zero bearing on approval, rate, or leverage
  • 1-day draws with interest charged only on drawn funds - rehab carry costs stay minimal because interest never accrues on undrawn portions of the construction budget
  • Forbes Real Estate Council + AAPL member - one of few regional hard money lenders with Forbes Council recognition, signaling institutional credibility beyond typical local balance sheet lenders
  • Own balance sheet with no junk fees - loans funded from own capital, managed debt fund, and institutional investors; closing costs limited to title only with no hidden processing, underwriting, or admin fees
  • Proof of funds letters available and auction purchases considered - investors can compete on distressed asset auctions with Boomerang backing their bid before a formal contract exists

Where They Lend

Regional
6 States: AZ, CO, TX, UT, OK, TN
Regional lending in Arizona, Colorado, Texas, Utah, Oklahoma, and Tennessee. Lends on non-owner occupied SFR, 2-4 units, and multifamily investment properties. No raw land, no rural properties, no owner-occupied homes, no 100% financing.

Loan Types, Structures and Terms

$100,000 to $2,500,000
Typical Loan Amounts
6 to 12 Months
Typical Terms
12% to 13%
Typical Interest Rates
1% to 2%
Typical Points
Fix-and-flip (all tiers): up to 85% LTP, 85% LTC, 70% LTARV. Rehab-and-hold: up to 85% LTP, 85% LTC, 70% LTARV. Acquisition bridge: up to 85% LTP. Minimum 15% borrower cash equity required on all loans. No 100% financing.
Fix-and-Flip
Short-Term Bridge
Boomerang Capital Partners fix-and-flip loans fund $100K to $2.5M at 12% to 13% with 1% to 2% origination, up to 85% LTP and LTC capped at 70% LTARV. No credit check, 1-day draws, 1 to 3 day closings. Interest charged on drawn funds only across all flip tiers.
Fix & Flip FeatureStructure & Terms
Loan Amount Range$100,000 to $2,500,000
Interest Rate12% to 13% | Interest only payments
Origination Fee1% to 2%
Loan Term6 to 12 months | No prepayment penalty
Max Leverage (LTP / LTC / LTARV)Up to 85% LTP | Up to 85% LTC | Max 70% LTARV
Required Cash Equity15%+ of total project costs. Must be borrower's own cash - no gap funding or seller financing accepted
Rehab Draw InterestInterest charged on drawn funds only - not on undrawn rehab budget
Draw Speed1 business day
Property TypesSFR, 2-4 units, multifamily | Non-owner occupied, non-rural, non-land
Flip TiersCosmetic Flip, Intermediate Flip, Major Flip - tiered loan programs sized to project scope
Proof of Funds LetterAvailable | Auction purchases considered | No property under contract required to apply
FeesNo junk fees. Mandatory third-party fee: title only. Extensions up to 90 days available at same point rate as initial funding.
Boomerang Capital Partners acquisition bridge loans fund short-term holds on rentals and STR properties while long-term financing is secured. Up to 85% LTP, 6 to 12 month terms, no credit check, and 1 to 3 day closings across AZ, CO, TX, UT, OK, and TN.
Bridge Loan FeatureStructure & Terms
Use CasesAcquisition bridge for long-term rental holds and short-term rental properties; bridges the gap while permanent financing is arranged
Max LeverageUp to 85% LTP
Loan Amount Range$100,000 to $2,500,000
Loan Term6 to 12 months | No prepayment penalty
Interest Rate12% to 13% | Interest only
Credit CheckNone
Speed to CloseTypical: 3 business days | Fastest: 1 business day
States ServedAZ, CO, TX, UT, OK, TN
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Borrower Qualifications (Are you qualified?)

Boomerang Capital Partners lends to experienced fix-and-flip investors using asset-based underwriting with no credit check required. Borrowers must supply own cash for down payment - gap funding and seller financing are not accepted as equity substitutes.
Qualification ParameterLender Requirements
Experience LevelExperienced Investors Preferred. Boomerang focuses on borrowers who have prior fix-and-flip experience and a track record of completed projects.
Credit Check RequiredNo Credit Check. Boomerang does not pull credit as part of the loan qualification process.
Down Payment / EquityOwn Cash Only. Borrower must have a cash down payment. Gap funding and seller financing are not accepted in lieu of cash equity.
Entity Types AcceptedIndividual, LLC, Limited Partnership, Trust, Corporation, Self-Directed IRA
Documentation RequiredBank statements, financial statements, and loan application. No W-2s or tax returns required for income qualification.

Underwriting Process (How long will it take to get approved?)

Boomerang Capital Partners uses in-house valuations and asset-based underwriting with no credit check. Full appraisal required in some cases; BPO never accepted. Typical close is 3 business days with a fastest documented close of 1 business day on a complete file.
Stage / RequirementProcess & Timelines
Initial ReviewFast response on complete applications. Reliable and predictable financing available in as few as 2 business days from submission.
Property ValuationIn-house valuations team. Full appraisal required in some cases; BPO never accepted. Fast ARV review without waiting on third-party appraisal timelines on standard transactions.
Credit CheckNone. No credit pull of any kind is required at any stage of the loan process.
Speed to CloseTypical: 3 business days | Fastest: 1 business day on a complete, organized file.
Document ChecklistLoan application, bank statements, financial statements. Purchase contract, entity documents, and scope of work for rehab projects. No W-2s or tax returns required.

Draw Process (How long will it take to get draws?)

Boomerang Capital Partners processes rehab draws in 1 business day. Interest is charged only on funds actually drawn rather than on the full rehab budget, keeping carry costs low across all flip tiers from cosmetic to major renovation.
Operational StepMethodology & Timelines
Draw SystemReimbursement-based. Investor completes a phase of work, then submits a draw request for reimbursement upon inspection approval.
Interest on Rehab FundsCharged on drawn funds only. Interest does not accrue on the undrawn rehab budget, reducing carrying costs throughout the project timeline.
Funding TurnaroundDraws funded within 1 business day of a complete, approved draw request.
Flip Tiers SupportedCosmetic Flip, Intermediate Flip, Major Flip, and Acquisition Bridge - draw schedules are tailored to the scope of each project tier.