A direct private lender built on discipline, clarity and speed
Everstone Funding Group LLC provides short-term, asset-based financing to real estate investors, with a focus on the Florida market.
Our Approach
Direct access
You speak with the person who approves your loan, not a call center.
Clarity in writing
Every term, fee and condition appears in the term sheet before you commit. No surprises at closing.
Deal-by-deal judgment
We look at the property, the plan and the exit, not only a credit score.
Speed with discipline
Fast answers, careful underwriting, and documentation done right.
Chaim Sitton, Managing Director
Chaim Sitton is the founder of Everstone Funding Group. Everstone is part of a privately held group that he has led since 2016, with holdings in real estate and real estate finance. He brings a legal background in real estate law and real estate brokerage, and training as a certified mediator, to every loan: clear documents, clear terms, and issues resolved early. His approach is solutions-driven: when a deal hits an obstacle, he looks for a creative way through it, and he keeps the client — the investor — at the center of every decision.
Who we work with
- Fix-and-flip investors, from first projects to experienced operators
- Buy-and-hold investors building rental portfolios
- Investors taking on major renovations
- Wholesalers who need EMD or same-day double-close funding
We do not make consumer loans or loans on owner-occupied homes.
Where we lend
We focus on Florida investment property: single-family homes, 1–4 units, townhomes and condos, non-owner-occupied. Have a deal in another state? Send it and we’ll tell you if we can help.
How we work with you
- One point of contact from first call to payoff
- A written term sheet before any third-party cost
- Draws inspected and released within 2–5 business days
Frequently Asked Questions
Do you lend on my primary home?
No. We make business-purpose loans only, to business entities, secured by non-owner-occupied investment property.
Where do you lend?
Our focus is Florida, and we also lend in Texas. Deals in other states are reviewed case by case: send us the property and we’ll tell you quickly whether we can fund it.
Do I need an LLC?
We generally lend to entities (LLC or corporation), with a personal guaranty from the principals.
What credit score do I need?
There is no single cutoff. Credit is one factor; the property, the numbers and your exit matter more.
I’m a first-time investor. Can I qualify?
Yes, case by case, usually with lower leverage, stronger reserves or an experienced partner.
How fast can you close?
Typically 7–14 days from a complete file, depending on appraisal, title and insurance.
What is ARV?
After-Repair Value: the expected market value once renovation is complete, supported by recent comparable sales.
How do rehab draws work?
Rehab funds are held in escrow. As work is completed you request a draw; we inspect and release funds, typically within 2–5 business days.
Do you charge prepayment penalties?
No. Fix & Flip and Bridge loans carry a 3-month minimum interest; after that, you can repay at any time at no extra cost.
What fees should I expect?
Origination of 1.5–2 points and a processing fee, plus third-party costs such as appraisal, title, draw inspections and loan servicing, which are passed through at cost. Every fee appears in your term sheet before you commit.
Can the loan be extended?
Fix&Flip loans can be extended once for 6 months for 1 point, for projects on track and subject to approval.
What is EMD funding?
Funding of the earnest money deposit on a property under contract. It is wired to the title company or escrow agent and repaid at closing or assignment, within 30 days, for a flat fee.
What is transactional funding?
Short-term funding that lets a wholesaler close the purchase from the seller and the resale to the end buyer back to back, usually the same day.
Is the term sheet a commitment to lend?
No. Preliminary terms are subject to underwriting, appraisal, title and final approval.