Thunderbird does not require the pledged property to be free and clear, meaning, for example, Thunderbird's loan can be in a junior lien position. Further, debt unrelated to the pledged property doesn't affect eligibility.

A junior lien is a loan that is secured against the pledged property, but it ranks behind another loan (or loans) in terms of priority. A junior lien taken by Thunderbird allows you to tap into the equity that has been built in the pledged property, without having to refinance the already existing loan(s). This can be particularly advantageous if there has been a significant increase in the value of the pledged property since incurring the existing debt.

Yes, you can use Thunderbird financing to refinance existing credit card debt, allowing for more favorable interest rates and payment terms.

The main requirements include lendable equity in real estate and lien position to secure the loan.

Yes, you can repay your loan early, but we require the equivalent of 12 months' interest to be included if the loan is repaid before the first 12 months have passed. After these first 12 months, you can pay off the loan at any time without any additional charge.

To apply for a loan, you'll need to provide basic personal information, and details about the pledged property.

The value of your pledged real estate is assessed by our proprietary valuation algorithm, which considers market conditions, property conditions, and comparable sales data. Later in the application process, this value is adjusted and confirmed by a professional third-party appraisal.

Thunderbird employs robust encryption and security protocols to protect your personal information and uses it solely for the purpose of loan processing and account management.

A 'Completed Application' is achieved once all required forms are fully completed and submitted, along with the receipt of your Title Insurance Report and Property Inspection Report by our team. Upon meeting these criteria, we assure funding of your loan within 15 days.