Loan Programs

Long-Term Loans

Minimum Loan Amount: $700k
Maximum Loan Amount: $30MM (higher on case-by-case basis)
Rates: 7.75% – 10.5% (range dependent upon credit, property value, LTV)
Up to 75% loan-to-value
5-30-year terms
Origination: 2-2.5%
Property Types: Single Family, Multifamily, Apartment Communities, Mixed Use, Commercial, Office, Retail, Light Industrial, Warehouse, Self-Storage, Cannabis Dispensary and Warehouse
Individual and Portfolio Loans

Bridge Loans

$1MM– $10MM+ Loan Amounts
Rates 11% – 12%, on average
Loan-to-value: up to 75%
Interest only, little or no prepayment penalty
1-2-year terms, plus extensions
Quick fund in as little as 2-3 weeks
Loan Types:
- Acquisition
- Refinance/Cash Out
- Equity Recapture
- Renovation (restrictions apply)
Property Types: Condo Inventory, Industrial (Owner Occ and Rental), Office (Owner Occ and Rental), Residential, Mixed Use, Mobile Home Parks, Parking (income-producing), Multifamily, Self-Storage, Hospitality, Retail, Portfolio Loans

Short Money Loans

Loan amounts from $3MM to $150MM
3, 5, or 10-year terms
Non-recourse
Interest-only payments
Rates from 8.5%% – 9%, on average
LTV: 65% +/- depending on deal
Prepayment: 2–3-year interest guarantee
2% origination
Close time: 45-60 days on average
1.25 DSCR (lower DSCR for multifamily considered)
Most commercial properties except hospitality, and ground-up construction. Pay off maturing construction loans if property at least 60% leased
Major Metro areas preferred, with minimum county population of 100,000

Construction Loans