We are
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Loan amounts:
$100,000 - $20,000,000
Interest rates:
Between 10.5% to 11.5%
Terms:
12 to 24 months
Closing Period:
Typically 1 to 7 Business days
Origination fees:
2 points
Loan to value:
Up to 75%
Loan to cost:
up to 85%
Amortization:
Interest only
Recourse:
Full recourse
Security:
First mortgage only
Use of proceeds:
Acquisitions, bridge loans, refinancing, upgrading, construction, rehab
Locations:
USA
