Prospera Real Estate Lending
Prospera Real Estate Lending is a US private lender providing real estate investment loans including fix-and-flip, ground-up construction, rental, multifamily, and commercial property financing to individual investors and developers across multiple US regions.
- Company typePrivate
- Founded2024
- HeadquartersLakewood, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Prospera Real Estate Lending does
Prospera Real Estate Lending (operating as Prospera Hoy LLC) is a US private real estate lender based in Lakewood that provides financing to real estate investors and developers across residential and commercial asset classes. Its product portfolio covers fix-and-flip loans ($50K-$5M), ground-up construction loans ($50K-$5M), rental property loans ($75K-$5M), stabilized bridge loans, multifamily loans ($1M-$50M+), and commercial property loans ($250K-$50M) including conventional, low-document, bridge, CMBS/agency, hospitality, and cannabis property programs. Loan qualification is investor-friendly, encompassing DSCR-based, no-DSCR, no-income-verification, and no-experience-required options, with advertised closing timelines of 5-10 days and approvals in as little as 5 minutes.
The company operates a technology stack that includes an online client portal for loan tracking, payment management, and document access, alongside AI-powered automated valuation models (AVMs) used to compare third-party property valuations against in-house data for underwriting accuracy. Distribution is sales-led, combining direct phone outreach, online quote forms, a broker referral program, and content marketing across Facebook, LinkedIn, and TikTok. Geographic coverage spans multiple US regions across the Southeast, Northeast, Mid-Atlantic, Southwest, and South.
Revenue is generated primarily through interest payments on originated loans and one-time origination fees (1-3% on bridge and commercial products), with rates starting at 6.5%-7.5% for qualified borrowers depending on product and asset class. The company reports $50M+ in cumulative loans funded since founding, and is led by founder/originator Esteban Cascante, managing partner Roy T. OBryant III, and business development manager Isaac Cornejo, operating as a privately held, founder-owned entity with no disclosed institutional funding.
Prospera Real Estate Lending firmographics
Firmographics- Name
- Prospera Real Estate Lending
- Legal name
- Prospera Hoy LLC
- Website
- https://prosperaloans.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Prospera Real Estate Lending is a US private lender providing real estate investment loans including fix-and-flip, ground-up construction, rental, multifamily, and commercial property financing to individual investors and developers across multiple US regions.
- Ownership category
- akta.pro rank
Prospera Real Estate Lending industry classification
Industry- Product category
- Private Real Estate Lending
- NAICS
- Real Estate Credit (522292), Credit Intermediation and Related Activities (522)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- SME Commercial Real Estate (CRE) Lending (FSABABAG)
Keywords
Where Prospera Real Estate Lending is headquartered
LocationHeadquarters
- HQ city
- Lakewood
- HQ country
- United States
- HQ region
- North America
Markets served
Prospera Real Estate Lending business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Loan Interest Income: Primary revenue from interest payments on fix-and-flip loans, ground-up construction loans, rental property loans, stabilized bridge loans, multifamily loans, and commercial property loans. Interest rates vary by product (starting at 6.5% for qualified borrowers) with loan amounts ranging from $50K to $500M.
- Origination Fees: One-time origination fees charged on loan products, particularly bridge loans (1-3% origination) and commercial loans
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Fix and Flip Loans: $50K-$5M, 1-4 Unit Residential, 12-18 Month Term, Interest Only, No Pre-pay Penalty, Rural Allowed, No Experience OK |
| Subscription | Annual | Rental Property Loans: $75K-$5M, 1-4 Unit Residential, Fully Amortizing, Up to 80% Refi, 30-40 Year Options, Up to 75% Cash Out |
| One time/ perpetual license | Multi-year contract | Ground Up Construction Loans: 1-4 Unit Residential, 12-18 Month Terms, Interest Only, No Pre-pay Penalty, Same Day Draws, Financed Reserves |
| Transaction based/ take rate | Multi-year contract | Commercial Property Loans: Conventional up to 75% LTV ($250K-$5MM), Low Document up to 75% LTV ($150K-$5MM), Bridge Loans up to 70% LTV ($250K-$25MM) |
| Transaction based/ take rate | Multi-year contract | Multifamily Loans: $1M-$50M, 5-50 Unit Residential, Mixed-Use OK, Up to 75% LTV (70% for 3-year terms) |
| Transaction based/ take rate | Multi-year contract | Stabilized Bridge Loans for seamless property investment transitions |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Prospera Real Estate Lending product offering
Product offeringCore offering
Prospera Real Estate Lending (operating as Prospera Hoy LLC) is a private direct lender that funds real estate investment loans for individual investors and developers, including fix-and-flip loans, ground-up construction loans, rental property loans, stabilized bridge loans, multifamily loans, and commercial property loans. The company targets both experienced and first-time real estate investors with loan sizes ranging from $50K to $500M, fast approvals (as quick as 5 minutes), closings in 5–10 days, and an online client portal for loan tracking and document access.
Product overview
Prospera Real Estate Lending operates as a specialized private lender offering a comprehensive suite of real estate investment loan products. The portfolio includes Fix and Flip Loans (residential renovation financing, $50K-$5M), Ground Up Construction Loans (ground-up development, $50K-$5M), Rental Property Loans (long-term single-family investment, $75K-$5M), Stabilized Bridge Loans (transitional financing), Multifamily Property Loans ($250K-$500M for 5-50 unit properties), and Commercial Property Loans ($250K-$50M covering retail, office, industrial, mixed-use, and special purpose properties). The Commercial Property Loans division encompasses multiple program variants including Conventional Loans, Low Document Loans, Bridge Loans, Special Purpose Loans, CMBS/Agency Loans, Hospitality Loans, and Cannabis Property Loans. Additionally, DSCR Loans provide income-based qualification for rental investors. The company complements its lending products with an online loan portal platform for tracking and document management.
Differentiator
Problem solved
Functional benefit
Products and services
- Fix and Flip Loans Short-term residential loan product for real estate investors purchasing 1-4 unit properties to renovate and sell for profit; covers both purchase price and renovation costs with interest-only payments over a 12-18 month term.
- Ground Up Construction Loans Construction financing for investors and developers building 1-4 unit residential properties from the ground up; covers construction costs, permits, and materials with same-day draw availability and financed reserves over a 12-18 month term.
- Rental Property Loans Long-term financing for single-property rental investments on 1-4 unit residential properties; offers fully amortizing terms, 30-40 year options, up to 80% LTV refinancing, up to 75% cash-out, and includes private client portal access.
- Stabilized Bridge Loans Short-term transitional financing for real estate investors moving between properties or bridging funding gaps during property investment transitions.
- Multifamily Property Loans Financing for multifamily properties with 5-50 units including mixed-use properties; offers acquisition, refinance, and construction/bridge options with up to 75% LTV, terms from 3 to 10 years, and both DSCR and no-DSCR qualification pathways.
- Commercial Property Loans Comprehensive commercial real estate financing covering retail, office, mixed-use, warehouses, industrial, hospitality, and cannabis properties; includes conventional, low-document, bridge, CMBS/agency, and special-purpose loan programs with loan sizes from $150K to $25MM.
Quantifiable outcome
- 95% loan approval rate
- +5 more outcomes
Companies that use Prospera Real Estate Lending
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Prospera Real Estate Lending technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Prospera Real Estate Lending partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
Prospera Real Estate Lending competitors and assessment
Company assessmentDirect peers
- RCN Capital: Private lender providing fix-and-flip, rental, ground-up construction, and small-balance commercial loans nationwide. Product set and investor target overlap substantially with Prospera.
- CoreVest Finance: Private lender to residential real estate investors offering fix-and-flip, rental, and bridge loans, plus a wholesale channel. Closely mirrors Prospera's residential investor focus with institutional capital backing.
- Lima One Capital: Specialty private lender focused on fix-and-flip, rental, and new construction loans to real estate investors. Directly comparable to Prospera across nearly all core residential investment products, with overlapping LTV ranges and term structures.
- Anchor Loans: Established hard money lender specializing in fix-and-flip financing for residential investors. Direct overlap with Prospera's core fix-and-flip product on size, term, and underwriting flexibility.
- Visio Financial: Private bridge lender for real estate investors across fix-and-flip and rental categories, including some specialty property types. Comparable in speed, flexibility, and target borrower.
- Kiavi: Tech-enabled private lender providing fix-and-flip and rental loans to real estate investors with a digital application experience. Comparable in product mix and target borrower; differentiated by larger capital base.
- NewSilver (formerly Newfi): Private lender offering bridge, fix-and-flip, and DSCR rental loans to real estate investors. Comparable product range and borrower segment to Prospera with similar speed-of-execution positioning.
Emerging players
- Groundfloor: Real estate investment platform offering fix-and-flip and rental financing to individual investors via a crowdsourced funding model. Comparable target borrower and asset class, but with a fundamentally different capital structure.
Broad incumbents
- PCCP: Direct private lender for middle-market commercial real estate, including bridge and mezzanine financing. Overlaps with Prospera's multifamily and commercial programs but operates at meaningfully larger scale and ticket size.
- A10 Capital: Commercial real estate bridge lender offering transitional financing to investors and developers on larger balance-sheet deals. Overlaps with Prospera's commercial/multifamily bridge programs but at typically larger loan sizes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Prospera Real Estate Lending social profiles
Digital presenceProspera Real Estate Lending financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prospera Real Estate Lending leadership team
Management profileNumber of profiles
Profiles3 records
Prospera Real Estate Lending funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prospera Real Estate Lending M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prospera Real Estate Lending
What does Prospera Real Estate Lending do?
Prospera Real Estate Lending (operating as Prospera Hoy LLC) is a private direct lender that funds real estate investment loans for individual investors and developers, including fix-and-flip loans, ground-up construction loans, rental property loans, stabilized bridge loans, multifamily loans, and commercial property loans. The company targets both experienced and first-time real estate investors with loan sizes ranging from $50K to $500M, fast approvals (as quick as 5 minutes), closings in 5–10 days, and an online client portal for loan tracking and document access.
Is Prospera Real Estate Lending a public or private company?
Prospera Real Estate Lending is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Prospera Real Estate Lending founded?
Prospera Real Estate Lending was founded in 2024. It employs 1 to 10 people.
Where is Prospera Real Estate Lending based?
Prospera Real Estate Lending is headquartered in Lakewood, United States, in the North America region.
How does Prospera Real Estate Lending make money?
Two revenue lines are on record. Loan Interest Income is the primary driver. The others are origination Fees.
Who are Prospera Real Estate Lending's main competitors?
Direct peers on record are RCN Capital, CoreVest Finance, Lima One Capital, Anchor Loans, Visio Financial, Kiavi and NewSilver (formerly Newfi). Groundfloor is listed as an emerging player. Broad incumbents are PCCP and A10 Capital.
Does Prospera Real Estate Lending have an API?
No public API is recorded for Prospera Real Estate Lending.
What industry is Prospera Real Estate Lending in?
Prospera Real Estate Lending's product category is Private Real Estate Lending. Its primary akta.pro industry code is FSABABAG, SME Commercial Real Estate (CRE) Lending. Its NAICS code is 522292 and its SIC code is 6162.