Residential Rehab Loan:

New York Rehab Loan Program (Fix & Flip)

• Loans amounts for 80% of Total Project Cost
• Interest rate: 12% to 14% interest only
• 3-4 points as a loan fee
• Loan term: 12 months
• Loan amounts from $75,000 to $2,500,000
• Fast fundings, from 5 - 7 days
• Borrower must be an LLC or other business entity
• *Repairs are held in repair funds escrow for draws as rehab
  is completed

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

*DEAL EXAMPLE: Purchase price is $80,000 and repairs
are $20,000. Total Project Cost = Purchase + Repairs =
$100,000. (We lend you 80% of the Total Project Cost. In
this example loan amount is $80,000 and borrower brings in
$20,000 at closing).

Residential Bridge Loan – Hard Money Loan:

New York Hard Money Loan Program (for Faster
Funding Deadlines)
*No minimum credit score

• Residential hard money loan, bridge loan option
• Fast fundings, from 1 - 7 days
• Loan amounts for up to 70% of purchase price on
  purchases, or up to 65% loan to value on refinances
• Loan amounts from $75,000 to $2,500,000
• Interest rates from 10.5% to 12.5% interest only
• 4 points as a loan fee
• Loan terms: 12 months

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

Commercial Bridge Loans – Purchases and Refinances:

New York 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 12.5% interest only
• Loan amounts from $250,000 to $100,000,000
• 2-4 points as a loan fee
• Loan terms: 12 months - 72 months
• No credit check required for approval, past bankruptcy or
  foreclosure ok.

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

Land Loans & Construction Loans:

Land Loans:

We do not currently offer land loans in New York

Construction Loans:

We do not currently offer constructions loans in New York