Question 1

How quickly can Mayday close?

Accepted Answer

Qualified, well-documented transactions may close in 5–10 business days. Timing depends on valuation, title, insurance, documentation, program, and final underwriting.

Question 2

Do DSCR loans require tax returns?

Accepted Answer

DSCR programs generally qualify from property cash flow rather than personal income, so personal tax returns are typically not required. Program requirements vary.

Question 3

Can first-time investors qualify?

Accepted Answer

Yes. Mayday reviews emerging and experienced investors. Experience, credit, liquidity, project scope, and exit strategy are considered together.

Question 4

Does Mayday offer 100% financing?

Accepted Answer

Select programs may offer up to 100% financing for eligible transactions. Availability depends on the property, project economics, borrower profile, documentation, and final underwriting.

Question 5

Are no-credit-check or no-monthly-payment options available?

Accepted Answer

They may be available through select structures. These are not universal offers: eligibility, costs, payment timing, collateral, and other terms are determined through underwriting.

Question 6

What properties are eligible?

Accepted Answer

Programs may cover 1–4 unit rentals, multifamily, fix-and-flip projects, ground-up construction, retail, and mixed-use properties. Availability varies by program and location.

Question 7

Is a scenario review a loan approval?

Accepted Answer

No. It is a preliminary, no-obligation review. All financing is subject to eligibility, documentation, underwriting, appraisal or valuation, and final approval.

Clear answers. Stronger deals.

Frequently asked questions

Tell us the story of your deal.

Clear answers. Stronger deals.

Frequently asked questions

01How quickly can Mayday close?

02Do DSCR loans require tax returns?

03Can first-time investors qualify?

04Does Mayday offer 100% financing?

05Are no-credit-check or no-monthly-payment options available?

06What properties are eligible?

07Is a scenario review a loan approval?

Tell us the story of your deal.