Frequently Asked Questions

Key Capital is a private loan company which means that loans are typically easier to obtain, have shorter terms, and are based on the property's value rather than the borrower's credit history. 

Conventional loans involve stringent credit checks and longer approval processes.

Key Capital provides loans are geared to support you financially- whatever your needs are. There are no restrictions or limitations to what you can use the loan towards.

Quotes are free. Please just fill out the quote request form and we will take it from there.

You are under no obligation to accept a loan by requesting a quote. 

The lending process typically averages 7 days from request to issuing of funds.

Key Capital provides lending and financing services exclusively to the Commonwealth of Massachusetts. 

Key Capital provides loans from $50,000 - $500,000

Upon approval and execution of contract, Key Capital can issue funds in the form of a wire transfer or bank check.

Key Capital provides rates from 12% - 18% fixed interest, and loan terms from 12 - 36 months. 

Rates and terms depend on factors like property type, location, and loan-to- value ratio.

There is no minimum credit score requirement as Key Capital does not include credit checks or income verification in their loan application process.  You will not be denied due to poor credit. 

Key Capital loans are collateral-guaranteed loans. You must be able to show property ownership with a 75% loan-to-value ratio to be considered for a Key Capital loan.  

Loan-to value-ratio equals the estimated value of the property less any existing mortgages or other encumbrances.

Key capital will consider loan extensions upon request. Loans need must  to be in good standing for a minimum of 6 months before an extension can be requested. Loan payment extensions are not guaranteed and are up to the sole discretion of Key Capital.

You cannot sell your property while in repayment for a Key Capital loan unless other collateral-based assets can be presented for consideration and then accepted as alternate collateral and per Key Capital's discretion.

Otherwise, the Key Capital loan must be paid back either upon sales proceeds/closing or prior to the closing of the property sale.

Key Capital does extensive due diligence when assessing properties as collateral. Loans will only be issued if a property is in good standing with its other finance companies and has an equity value.

75% greater than the loan being requested, assuring that properties that are risk for foreclosure are not being used as collateral.