Residential Rehab Loan:

Rehab Loan Program (Fix & Flip)

• Loans amounts for up to 80% of Purchase Price
• Interest rate: 12.5% interest only
• 3 points as a loan fee
• Loan term: 12 months
• Loan amounts from $50,000 to $500,000
• Fast fundings from 2 - 5 days

*Monthly, interest only payments required. No principal payments.

Residential Bridge Loan – Hard Money Loan:

Hard Money Loan Program
*No minimum credit score

• Residential hard money loan, bridge loan option
• Fast fundings from 2 to 5 days
• Loan amounts for 65% to 80% of purchase price on purchases, on a case-by-case basis up to 70% loan to value on refinances
• Loan amounts from $25,000 to $500,000
• Interest rates from 10.5% to 12.5% interest only
• 3 points as a loan fee
• Loan term: 12 to 24 months
• No minimum credit score required for approval, past bankruptcy or foreclosure ok.

*Monthly, interest only payments required. No principal payments.

Commercial Bridge Loans – Purchases and Refinances:

Commercial Bridge Loan Program, Commercial Hard Money Loan

*No minimum credit score

• Commercial hard money loan, bridge loan
• Property Types: Office, Industrial, Multi-Family, Self-Storage, Retail, Senior Housing, and Medical
• Fast fundings from 5 days to 14 days
• Purchase loans and Refinance loans
• Loan amounts for up to 75% of purchase price on purchases, or up to 70% loan to value on refinances
• Interest rates from 8.5% to 10.5% interest only
• Loan amounts from $250,000 to $100,000,000
• 2-4 points as a loan fee
• Loan terms: 12 months to 72 months
• No minimum credit score required for approval, past bankruptcy or foreclosure ok.

*Monthly, interest only payments required. No principal payments.

Land Loans & Construction Loans

Land Loans:

• Loan Amounts for 50% of Purchase Price on Purchases
• Loan Amounts of 50% of Value on Refinance Loans
• 12% to 18% and 4-5 points for 12 months
• Loan amounts from $25,000 to $100,000,000

Construction Loans:

• Loan amounts from 65 to 70% Loan to Cost
• 8.5% to 10.5% and 3-4 points for up to 12 months
• Min loan amount is $200,000. Max loan amount is $100,000,000
• *Example: Cost of Lot Acquisition + Cost of Construction = Total Project Cost. We lend up to 70% of the Total Project Cost on a construction project on a case-by-case basis.

TO REVIEW A CONSTRUCTION SCENARIO WE WILL NEED:

• Resume of similar projects completed
• Loan application filled out
• PFS for signers for the business that will hold title (I can send you one if you like, please let me know)
• Bid for construction cost or itemized list with cost next to each
• Comps to support final sales price
• Summary of project highlights in a paragraph or two with relevant data and numbers outlined.
• Summary of project timeline in a few sentences, as compared with previous projects
• Concept
• Photos of similar homes
• Photos of the actual lot, subject of acquisition