Hard Money Commercial

• Loan Size: $500,000 to $30 million
• Location: US properties
• Collateral: Improved commercial and investment residential real estate ( raw land or construction/development projects)
  CA - residential owner occupied OK. Other states: OK only if held in a corporate entity and proceeds are used for business purposes
• Rates: From 9.99% and up - Most loans fund at prime + 4-5%
• Terms: 1-3 years, interest only, no prepayment penalty
• Max LTV: 65% LTV*
  Purchase: Value is actual purchase price of the real estate* If borrower has down 30+% in cash, we'll "stretch" the LTV max
  Refinance: We have our own review appraiser and principle travel to visit each property.
• Creative/Flexible: Points and fees wrapped into the loan; multiple income sources considered.
• Due Diligence: A deposit of about $5 - $6k is required before due diligence process is begun and is credited against the third party costs of underwriting: fair market value evaluation fee, inspections, site visit, legal costs, escrow, etc.
• Down Payment: The fee is due upon signing of the Letter of Intent and Term Sheet and cannot be wrapped into closing costs.

Apply for your Commercial Hard Money