Loan Amounts $1,000,000 – $ 40,000,000+
Collateral First Mortgage
Asset Types Multifamily, Single – Family, Mixed – Use, Office, Hotel, Retail, Industrial, Urban Land
Purpose Acquisition, Refinance, Development, Repositioning, Construction, Renovation, Cash Out
Status Stabilized, Transitional, Distressed
Interest Rates Negotiable (Typically from 8% to 10 %)
Loan to Value Up to 75 + % Loan to Total Capitalization/ 95% Loan to Purchase Price
(higher LTVs possible)
Term Up to 36 months
Fees 1 .0 – 2 .0%
Interest Reserve Varies
Amortization Fixed or Floating Rate Interest only
Prepayment | No Prepayment Penalty
Closing 1 – 2 Weeks