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Multifamily
Loans
New
Construction
Acquisition
Substantial Rehab
Refinance |
New
Construction
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Acquisition
85% Loan to Value
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
7.5% Seller Finance Participation Allowed
towards Down Payment
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Substantial Rehabilitation
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Refinance
85% Loan to Value (80%
with cash out)
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Health Care and Assisted Living Facility
Loans
New
Construction
Acquisition
Substantial Rehab
Refinance |
New
Construction
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Acquisition
85% Loan to Value
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
7.5% Seller Finance Participation Allowed
towards Down Payment
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Substantial Rehabilitation
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Refinance
85% Loan to Value (80%
with cash out)
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Mobile Home
Parks
New Construction
Acquisition
Substantial
Rehab
Refinance
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New
Construction
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Acquisition
80% Loan to Value
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
7.5% Seller Finance Participation Allowed
towards Down Payment
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Substantial Rehabilitation
90% Loan to Cost
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
40 Year Amortization / 40 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
"Developer's Fee" of 10% of cost allowed
towards equity contribution
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:10 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Cost
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Refinance
80% Loan to Value (no
cash out)
Interest-only during construction with
automatic conversion to 40-year permanent
financing upon completion
35 Year Amortization / 35 Year Term (no
balloon)
No Maximum Loan Amount
Low, fixed interest rate loan based on
market spreads over the 10-Year Treasury
Yield
No Personal Liability (Non-Recourse)
Negotiable Pre-Payment Penalty
1:18 Minimum Debt Service Coverage
Assumable loan with a small conversion fee
to new owner
3rd Party Costs and Expenses are included to
MAX Loan to Value
Rates and Terms are determined by LTV,
credit, property type and other conditions.
This is limited information and is meant to
provide a high-level synopsis of the the
loan specifics.
APPLY HERE
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Hard Money Loans
Land
Acquisition
Improved
RE
International |
Land
Acquisition
Up to 65% LTV (depending
upon location and land use)
1-3 years term
3-7 points
12% - 15% - 18%
Increasing interest rate per year
3 points to renew after each year
10% fee held in lieu of
equity
1/2 to complete payments interest only (can
be held from loan proceeds)
Requires on-site visit and travel to
location
Local appraiser used for comparables
Additional assets can be used in lieu of
cash to generate additional down payment
FAST CLOSINGS - Usually
10-20 days
APPLY HERE
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Improved Real Estate Acquisition
Up to 70% LTV (depending
upon location and land use)
1-3 years term
3-5 points
12% - 15% - 18%
Increasing interest rate per year
3 points to renew after each year
10% fee held in lieu of
equity
1/2 to complete payments interest only (can
be held from loan proceeds)
Requires on-site visit and travel to
location
Local appraiser used for comparables
Additional assets can be used in lieu of
cash to generate additional down payment
FAST CLOSINGS - Usually
10-20 days
APPLY HERE
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International Loans
Up to 55% LTV (depending
upon location and land use)
1-3 years term
3-5 points
12% - 15% - 18%
Increasing interest rate per year
3 points to renew after each year
10% fee held in lieu of
equity - may opt to take equity in the
project for beach front resort or
multi-serviced property
1/2 to complete payments interest only (can
be held from loan proceeds)
Requires on-site visit and travel to
location
Local appraiser used for comparables
Additional assets can be used in lieu of
cash to generate additional down payment
FAST CLOSINGS - Usually
15-30 days
APPLY HERE
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Gas Stations and Convenience Stores
Acquisition
Refinance |
Acquisition
Up to 90% LTV to $5M (LTV reduced
to 70% for non-owner operated stations)
No Seller Participation Required
Debt Coverage Ratio 1.20 and above
Taxes and Insurance Escrowed
1031 Exchange Allowable for Acquisition
No Seasoning Requirements for Seller
3 Year Declining Pre-Payment Penalty
20 to 25 Year Amortization
Full Recourse Loan - These loans
are meant for owner-operator stations
APPLY HERE
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Refinance
Up to 80% LTV to $5M (LTV reduced to 60% for
non-owner operated stations)
No Seller Participation Allowed in Refinance
Debt Coverage Ration 1.20 and above
Taxes and Insurance Escrowed
12 Months Seasoning Required for Refinance
(Pre-Payment Penalty waived if refinance is
through the same lender)
20-25 Year Amortization
Full Recourse Loan - These loans are meant
for owner-operator stations
APPLY HERE
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Other
Commercial Properties |
Acquisition
Various Programs Exist
State Income - Stated Assets
No Tax Returns Required
No Income Verification - Asset Verification
Required
Minimum FICO 575
Unrestricted Cash Out to Maximum Allowed LTV
- depending upon the asset or property type
Various Payment Arrangements or Options
Fast Closings
Nationwide
Also able to finance Working Capital, AR and
PO Financing, Inventory, Commercial Debt
Restructure, Lines of Credit, Bridge Loans,
Equipment Financing, Factoring, Equity
Partner Buyout and Business Acquisitions
APPLY HERE
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Condo Development and Conversions
New Construction
Conversions
Residential Loans
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New
Construction
Coming Soon - New Program Development
Underway
APPLY HERE FOR INFORMATION
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Conversions
Coming Soon - New Condo Conversion
Program Development Underway
APPLY HERE FOR INFORMATION
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Residential Take-out
We provide our developers the option of
using our residential financing abilities to
cash them out when you are ready to sell a
condominium unit.
These loans are credit based and will depend
upon the borrower.
30% Equity usually required, less down
payment requirement to high-credit score
borrowers
APPLY HERE FOR INFORMATION |
