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MM Lending

MM Lending

Louisville, Kentucky
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MM Lending

1215 Herr Ln, Suite 210, Louisville, Kentucky 40222
(502) 400-3011
Website

Vetted Provider

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

About

$1B+
Capital Deployed
2005
Year Founded
MM Lending is a Louisville, Kentucky-based direct private lender founded in 2005 and recognized as the region's leading hard money lender across Ohio, Indiana, and Kentucky. With $1B+ deployed and thousands of investors funded over two decades, MM Lending operates with the deep local market knowledge that regional fix-and-flip investors depend on. The firm offers fix-and-flip loans, fix-to-rent bridge loans for BRRRR investors, ground-up new construction for experienced developers, and a nationwide DSCR rental loan program. Short-term loans cover 90% of the purchase price and 100% of the rehab budget, with 6 months of deferred interest built directly into the loan structure - eliminating out-of-pocket monthly payments during the renovation phase. MM Lending's same-day draw funding model allows investors to submit photos of completed work and receive draw funds the same day. Combined with a 7-10 day close window, soft-pull pre-approval in 24 hours, and a no-prepayment-penalty policy, MM Lending is built for active investors who need speed, flexibility, and a local team that understands their market. MM Lending is a member of AAPL, KREIA, REIAGC, GLREIA, and multiple regional real estate investor associations across the Ohio, Indiana, and Kentucky corridor.

Key Differentiators

Why investors choose this lender:

  • Same-day draw funding via photo submission - submit photos of completed work and draws fund the same day; no inspector scheduling, no multi-day wait; keeps contractor timelines on track without draw bottlenecks
  • 6 months of deferred interest built into every loan - interest is capitalized at closing, eliminating out-of-pocket monthly payments during the renovation phase; investors preserve cash flow for the rehab itself
  • Full BRRRR cycle under one lender - MM Lending finances the fix-to-rent acquisition and rehab with their bridge product, then seamlessly transitions into their own DSCR rental program for the long-term refi exit
  • 20-year regional track record in OH, IN, KY - deep local market knowledge of Cincinnati, Columbus, Cleveland, Indianapolis, and Louisville; local teams understand neighborhood-level asset values, deal comps, and contractor networks that national lenders miss
  • 24-hour soft-pull pre-approval, valid 6 months - investors can get pre-approved before finding a deal, enabling faster offers and stronger negotiating position with sellers
  • 90% purchase price with 100% rehab coverage - minimal equity required at acquisition; MM Lending covers the full rehab budget allowing investors to scale multiple projects without large capital reserves

Where They Lend

Local
Ohio, Indiana, Kentucky
Short-term lending (fix-and-flip, fix-to-rent, new construction) in Ohio, Indiana, and Kentucky only. Active markets include Cincinnati, Columbus, Cleveland, Indianapolis, and Louisville. DSCR long-term rental loans available nationwide. Residential investment properties only - no owner-occupied homes.

Loan Types, Structures and Terms

12 Months
Typical Terms
Fix-and-flip: 75% LTV, 90% purchase price, 100% rehab. Fix-to-rent (BRRRR bridge): 70% LTV, 90% purchase, 100% rehab. New construction: urban infill, experienced investors, 1-4 units. DSCR: 80% LTV purchase, 75% LTV refi and cash-out. All short-term: OH, IN, KY. DSCR: nationwide.
Fix-and-Flip
New Construction
Rental (DSCR)
Short-Term Bridge
MM Lending fix-and-flip loans offer 12-month terms at up to 75% LTV with 90% of purchase price and 100% of rehab costs covered. Six months of deferred interest is built into the loan and draws fund the same day photos are submitted.
Fix & Flip FeatureStructure & Terms
Loan Term12 months | No prepayment penalty | Interest-only
Max Leverage (LTV)Up to 75% LTV | Up to 90% of purchase price | 100% of rehab costs
Interest Reserve6 months of deferred interest built directly into the loan - no out-of-pocket monthly payments during the renovation
Draw TurnaroundSame-day - submit photos of completed work and draws are funded immediately
Speed to Close7-10 business days | Pre-approval in 24 hours
Property TypesSingle-family and small multifamily residential investment properties
States ServedOhio, Indiana, and Kentucky
Experience RequiredAll experience levels welcome - new investors accepted
MM Lending ground-up construction loans target urban infill projects on 1-4 unit residential properties across Ohio, Indiana, and Kentucky. Experienced developers only. Contact MM Lending directly to discuss construction experience requirements.
Construction FeatureStructure & Terms
Project TypeUrban infill ground-up construction on 1-4 unit residential properties
Experience RequiredExperienced investors only. Contact MM Lending directly for construction experience qualification requirements.
Markets ServedOhio, Indiana, and Kentucky - active infill markets including Cincinnati, Columbus, Cleveland, Indianapolis, and Louisville
Speed to Close7-10 business days
QualificationCall MM Lending to discuss your construction experience and project details before applying
MM Lending DSCR rental loans fund $100K to $1.5M at rates from 5.875% with up to 80% LTV. Available nationwide on 30-year fixed and ARM products. Minimum 1.0 DSCR with no personal income requirements.
Rental DSCR FeatureStructure & Terms
Loan Amounts$100,000 to $1,500,000
Starting RateRates from 5.875%
Loan Products30-year fixed | 7/1 ARM | 5/1 ARM
Max LTVUp to 80% LTV on purchase | Up to 75% LTV on rate-term refi and cash-out refi
LTV Adjustments5% LTV reduction when property is vacant at origination. 10% LTV reduction for Section 8 or rural area properties.
Minimum DSCR1.0 minimum DSCR
Income VerificationNo personal income requirements. Loan qualifies on property cash flow only.
Property TypesSingle family and 2-4 unit multifamily rental properties
Loan TypesPurchase, Rate and Term Refi, Cash-Out Refi
Geographic CoverageNationwide DSCR availability
MM Lending fix-to-rent bridge loans are designed for BRRRR investors, offering up to 70% LTV with 90% of purchase price, 100% of rehab costs, 6 months deferred interest, and same-day draw funding across Ohio, Indiana, and Kentucky.
Bridge Loan FeatureStructure & Terms
Product PurposeBRRRR-strategy financing - short-term bridge for investors executing a fix-to-rent acquisition with a DSCR refi exit
Max LeverageUp to 70% LTV | Up to 90% of purchase price | 100% of rehab costs
Interest Reserve6 months of deferred interest built into the loan - no monthly payments during rehab phase
Draw TurnaroundSame-day draw funding upon photo submission of completed work
Exit StrategyDesigned to transition into MM Lending's DSCR rental loan program upon project completion - one lender for the full BRRRR cycle
States ServedOhio, Indiana, and Kentucky
Don't lose the deal waiting on financing. Apply now and get pre-approved today.
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Borrower Qualifications (Are you qualified?)

MM Lending qualifies borrowers with a soft credit pull that does not affect their credit score. Pre-approval is issued within 24 hours and is valid for 6 months. All experience levels are accepted for fix-and-flip and bridge programs; construction lending requires prior development experience.
Qualification ParameterLender Requirements
Credit CheckSoft credit pull only - will not impact your credit score. Pre-approval valid for up to 6 months.
Experience LevelAll experience levels accepted for fix-and-flip and fix-to-rent programs. Ground-up construction requires demonstrated development experience.
Pre-Approval Process24-hour pre-approval turnaround. Pre-approval letters available to strengthen purchase offers. Start the qualification process online in minutes.
DocumentationPurchase contract and rehab scope and budget form required to receive preliminary loan terms. No personal income verification required on DSCR rental loans.
Qualification PathsThree paths to pre-qualification. Contact MM Lending directly or apply online. Real people handle every step - no automated corporate queues.

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

MM Lending pre-approves borrowers within 24 hours using a soft credit pull. Once a deal is under contract, submit the purchase contract and rehab scope to receive preliminary loan terms. Closings typically complete in 7-10 business days.
Stage / RequirementProcess & Timelines
Pre-Approval24-hour turnaround using a soft credit pull. Pre-approval letters provided. Valid for 6 months. Start the application online in minutes.
Deal SubmissionSubmit purchase contract and rehab scope and budget form. MM Lending issues preliminary loan terms immediately upon receipt.
Property ValuationMM Lending orders title and ARV appraisal. Final loan contract issued upon receipt of the appraisal.
Closing7-10 business days from deal submission to close. Borrower sets the closing date and time.
CommunicationReal people at every step - no automated corporate queues. Local team familiar with the OH, IN, KY market handles each transaction.

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

MM Lending funds draws the same day photos of completed work are submitted - one of the strongest draw turnaround commitments in the regional hard money market. No waiting period or inspector scheduling required for standard rehab draws.
Operational StepMethodology & Timelines
Draw SystemPhoto-based, same-day funding. Submit photos of completed work and draws are funded the same day - no waiting for inspector scheduling or third-party review.
Inspection MethodPhoto documentation of completed work submitted directly to the MM Lending team. No formal third-party inspector required for standard renovation draws.
Funding TurnaroundSame-day funding upon photo review and approval. This protects active contractor schedules and prevents job site delays from draw bottlenecks.
Interest on Rehab Funds6 months of interest is built into the loan at origination, covering both the acquisition and rehab budget. No out-of-pocket monthly interest payments during the renovation phase.
Project SupportMM Lending's experienced local team is available throughout the project to help navigate unforeseen issues common to active rehab timelines.