LOAN CRITERIA
BRIDGE FINANCING, FIX/FLIP AND DISCOUNTED PAYOFFS
Loan size: $100K to $70 million
Property types: All types considered - Must have an “Exit Strategy”
Terms: 1 to 3 year loans with extension options
Interest rate: From 6.75%*
LTV: Up to 75% Commercial and 90% + Rehab (SFR,1-4, 5+ MF)
Fees: From 1.5%
Ideal for borrowers that have time constraints, special financing needs, needed to secure working capital and customized for many different situations. For initial purchase until entitlement, refinance after cash purchase until entitlement, recapitalization of finished product. (Fix-and-Flip, Private Lender Money)
ACQUISITIONS, RESTRUCTURING, & REFINANCE
Loan Size: $100k to $250 million
Property Types: All Types Considered
Terms: 5, 7, 10 Years - Up to 30 Years
Interest rate: Fixed Rate - Competitive interest rates available
LTV: Up to 80%
Source: Banks, Insurance Cos, CMBS, Private Funds, Hedge Funds
Typically can close from 30-60 days of application, ideal for stabilized assets.
CONSTRUCTION AND LAND LOANS
Revolving credit line support for vertical construction and Recapitalization loans on completed homes
Loan Size: $100k to $1 Billion
Term: 6 to 24 month terms
Interest Rate: Competitive - based on asset class
Purchase or refinance
LTV: 65% + Construction
Fully prepayable - Initial term 12 months (extendable out to 24 months)
Acquisition or refinance loans bundled with construction holdback < 50% of loan amount 6 to 12 month terms
LONG TERM AND STR - RENTAL LOANS
Loan Size: $100k to $250 million
Property Types: All Types Considered
Terms: 5, 7, 10 Years - Up to 30 Years
Interest rate: Starting at 5% (Fixed Rate - Competitive interest rates available)
LTV: Up to 85%
Typically can close from 30-60 days of application, ideal for stabilized assets.