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      Multifamily Loans

      Health Care and Assisted
      Living Facility Loans

      Mobile Home Park Loans

      Hard Money Loans

      Gas Stations/C-Stores

      Other Commercial Properties

      Condo Development and
      Conversions
(COMING)

 

 

 

 

Loan Selections

Commercial Loan Programs
Income Generating Property Specialists

Select Your Loan Project Below


BROKERS APPLY HERE

 

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
 

 

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
 

 

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
 

 

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
 

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
                            

 

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
 

 

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
 

 

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
 

Mobile Home Parks

     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
                                                          

 

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
 

 

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
 

 

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
 

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
 

 

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
 

 

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
 

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
             

 

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
 

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
 

Condo Development and Conversions

     New Construction
     Conversions
     Residential Loans
 

New Construction

Coming Soon - New Program Development Underway

APPLY HERE FOR INFORMATION
                 

 

Conversions

Coming Soon - New Condo Conversion Program Development Underway

APPLY HERE FOR INFORMATION
 

 

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