Loan Criteria

Seeking a loan for your next real estate project? Maybe you require financing for new growth in your business. Below are typical terms for the types of loans we offer:

Types of Loans:

  • New 1st mortgage loans
  • Bridge Loans and Renovation Loans
  • New Construction Loans (no development)
  • Non-recourse loans for self-directed IRA’s

Loan to Value:

  • Up to 75% of as-is property value

Loan Amounts:

  • $50,000 – $5M ($100,000 minimum property value)

Location:

  • Nationwide except: AZ, CA, NV, OR, UT, ND, SD, MN, VT

Interest Rates:

  • starting at 10.50%

Loan Maturities:

  • 6 month to 2 year terms (loan extensions permitted case-by-case)

Types of Properties:

  • Single family homes
  • Duplex, triplex, fourplex
  • Non-owner occupied houses

Origination Fee Dependent On:

  • Property quality
  • Property location
  • Borrower credit worthiness
  • Loan amount
  • Loan term

Closing Costs:

  • Standard third party costs apply such as title, appraisal, and legal