Lending
area — United States |
Loan
amount — $100,000 - $2,000,000 –
larger loan amounts are considered on per-case basis |
Loan
term — 6 months – to a year. Extensions
are generally available for a fee |
Interest
rate — Starts @ 9%. Rate is subject to
prime and may vary on a per-case basis |
Amortization
— Interest only |
Property
types — We will consider most
income producing properties |
Loan
to value — LTV
varies on a per-case basis |
Points
& fees —
4 points to the lender |
Recourse
— Full recourse required |
| Pre-payment
penalty — Typically none |
Closing
— We will close your loan within 21 days upon
receipt of all requested materials, 14 days closings
are also available |
