We’ll finance up to 75%, depending on the collateral type and quality.
If additional collateral is available, we may offer an even higher LTV.
Loan Size: $300K to $3M.
Loan to value
We’ll finance up to 75%, depending on the collateral type and quality. If additional collateral is available, we may offer an even higher LTV.
Use of proceeds
- Cash out refinance
- Property rehabilitation
- Partner buyout
- Added Value construction
We write loans with terms of 12-36 months, and will consider extensions — at our sole discretion — at the time of maturity.
Our competitive interest rates vary, depending on the quality of the property and the collateral provided.
- Underwriting Fees
- $4,000 to initiate due diligence
- $2,000 is non-refundable (if loan docs are not drawn)
- Commitment Fees
- 1% – 3% of the loan amount, collected at funding
- Industry Standard
- Loan Documentation
- Title Insurance
- Property Insurance
Acceptable Property Types
- Hotels & motels
- Manufactured housing & RV Parks
- Non-owner occupied single family homes
There are other acceptable property types, such as income producing commercial properties. Feel free to ask us if you have any questions.
Excluded Property Types
- Undeveloped land
- Single use properties operated as houses of worship
- Owner occupied single-family residences
- Petroleum based or toxic uses
- Car washes
- Cannabis clubs & grow facilities