Fast and Easy Hard Money Loans

1. When you are ready to request reimbursement for work completed, you can email our designated draws team requesting a draw. (Draws@insulacap.com)
2. You can do a snap/self inspection or send this order to a third-party inspector
   1. Along with this we will ask for a list of the line items that have been completed to date, by percentage.
      1. Example– Flooring- 100% Complete,  Drywall- 50% for material on site, etc.
   2. Two Options are as follows:
      1. If Inspector: Please allow the inspection company 48 hours to reach out to Point of Contact to schedule. 
      2. If Snap: A new snap link is sent for each draw requested. The pics must be taken throughthe app, on location.
         1. The app is called Tru-pic. The link will automatically take you to where to down load the True pic app. 
3. Once you have followed the prompts in the app, completed taking your photos and Hit “Submit” you are done.
4. The report is drawn up and reviewed. If all is in line, the wire typically goes out within 12-36 hours of the photo’s being sent back.

No, you only pay interest on the funds that have been disbursed. Construction holdback amounts remain in reserve until they are drawn, and you will begin paying interest on those amounts only after they are released.

Closing costs typically include loan origination fees, title insurance, property insurance and legal fees. The exact amount depends on your specific loan terms and property location. We provide a clear breakdown of all costs upfront, ensuring full transparency before you close.

Funding can occur as quickly as 5–10 business days, depending on how promptly you provide the required documentation. For urgent deals, we strive to expedite the process even further.