Hard Money Available 50 States
Posted on December 5th, 2011
Lending parameters:
Below 64.99% LTV = 9.5%
65% – 69.99% LTV = 10.5%
70% – 74.99% LTV = 11.5%
75% – 79.99% LTV = 12.5%
80% – 84.99% LTV = 13.5%
85% – 89.99% LTV = 14.0% MAX
Interest-Only loans
· Interest Rates: 9.5% – 14%
· Amortization: Interest Only / 360 months
· Loan to value: Up to 89%
· Origination Fee: 2% taken at closing from loan proceeds
· Loan Term: Up to 3 years
· Closing times: 12 – 21 days
· Loan Size: $30,000 to $12,500,000+
Some Collateral types that we are interested in are:
· Non O/O Residential
· Office Buildings
· Commercial
· Apartment Buildings
· A&D
· Hotels / Motels
· LAND
· Mixed-Use
· Investments
· Shopping Centers
· Rehabs
· Warehouses
· Construction
· Investment Facilities
· Bridge
· Marinas
· Mezzanine
· Auto Repair / Mechanic Shops
· Income Producing Property
· Second Homes
· Multi-Family
· Business Financing
· Jumbo Properties
To help quickly evaluate a scenario, please provide:
1. 1003 or Loan Application.
2. Guarantors Tri-merge Credit Profile (if available).
3. Appraisal (if available).
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