LOAN PROGRAMS
AMORTIZATION: Interest only
LOAN-TO-VALUE: Up to 75%
RECOURSE: Typically, there will be recourse to Sponsors
CLOSING TIME: Typically within 10 business days
PROPERTY
TYPES
All property types considered, except owner-occupied residential
LOAN SIZE
FROM $150,000 to 5M
LENDING
AREA
Northeastern and Mid-Atlantic USA focused but will consider all major cities nationally
LOAN TERM
FROM 12 Months to 36
PREPAYMENT
PENALTY
No prepayment penalty, although typically a short interest guarantee
INTEREST RATE
6.99% to 11%
EXPENSE
DEPOSIT
Adequate to cover third-party reports, legal fees, and customary expenses
ORIGINATION FEE
1% to 3%
If you need more information about a loan or to apply for a loan send us a message and one of our agents will get back to you