LOAN CRITERIA
Fast Commitments and Rapid Closings!!!
Our versatile loan criteria allow us to close deals that others simply can’t. We have the acumen and flexibility to analyze your special situation. With the ability to build a loan that meets your goals.
New Guidelines Below!
LOAN TYPE:
o Refinancing & Cash Out Refinancing
o Fix & Flip Rehab
o Purchase & Hold (Long Term Stabilized Properties)
o Construction
o Bridge Loan
❖ PROPERTY TYPES:
o Multifamily, Condos, Single Family Rentals, 2-4 Units, Rental Portfolio, Mixed-Used, Hospitality, Office, Retail, Industrial Flex/Warehouse, Mobile Home Parks, Automotive, Restaurants, Raw Land, Self Storage, (All Property Assets Consider)
❖ TERM:
o Flexible short term loan 1-5 Years
o Long Term Amortization up to 30 Year Mortgage
❖ LOAN TO VALUE:
o Up to 85% (Plus 100% of the Rehabilitation Budget)
o Up to 85% (Refinancing)
❖ LOAN TO COST:
o Up to 90%
❖ RATES:
o Rates from 5.25% - 12% (Varies depending upon loan scenario/Current Market Tolerance)
❖ LOAN SIZE:
o From $1,000,000 - $200+ Million Nationally ($500,000+ Case Basis)
o International Commercial Real Estate Loans
o Loan Size: $10,000,000 - $200+ Million
❖FEES:
o No Up Front Cost (Excluding The Third Party Pre-inspection & Appraisal Fee)
o 1 - 3% Origination Fee (Varies depending upon loan scenario)
o Underwriting Fee (Varies depending upon loan scenario)
❖ Mega Commercial Real Estate Loans (National & International)
o Loan Size: $300 Million+
o LTV/LTC: 80%
o Rates Starting at 5.25%
o Equity Participation
o Construction
o Cannabis Funding
o Loan Size: $300 Million+
o LTV/LTC: 80%
o Rates Starting at 5.25%
o Processing & Cultivation Facilities
o Assets Based Lending
o Loan Size: $100 Million+
o Rates Starting at 5.25%
o Income producing assets
❖ PROPERTY TYPES:
o Multifamily, 2-4 Units, Condos, Single Family Rentals, Rental Portfolio, Mixed-Use, Hospitality, Office, Retail, Industrial, Warehouse, Mobile Home Parks, Automotive, Restaurants, Land
Required:
❖ Minimum FICO Score
o 550-850