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A journey of a thousand miles begins with a single step.

- Confucius

 

 

 Hard Money & Bridge Loans
Img11.jpgProgram CM410
Hard Money Loans
  • No credit check, no appraisal, fast and easy
  • Commercial and income properties only
  • Property types:
    • Mixed use
    • Office
    • Apartment
    • Retail
    • Light industrial
    • Others
  • Loan size $300,000-$5,000,000
  • Low rate starts at 10.99%
  • Flexible amortization
  • Interest only payment
  • 1-5 year term
  • Reasonable fees
  • Maximum loan-to-value (LTV) 60% on new purchase and refinance
  • Up to 65% of projected appraised market value upon stabilization, not to exceed 70% of total project costs including purchase, hard costs, soft costs, financing costs, legal fees and closing costs on purchase & renovation loan 
  • First lien position
  • Properties listed for sale, current Notice of Default, Notice of Sale or bankruptcy acceptable
  • Unlimited cash out for any reason
  • In-house common sense underwriting
  • No prepayment penalties
  • Fund to individuals, foreign nationals, corporations, limited partnerships, limited liability companies, trusts and other business entities
  • Housing Solutions Program provides property owner facing the possibility of losing their home or other real estate a great opportunity to solve the immediate financial problem, remain in their home, and the option of repurchasing their homes

Program CM420
Bridge Loans

  • Loans closed within days
  • No prepayment penalty 
  • Property types:
    • Office building 
    • Shopping center
    • Multi-family building
    • Mixed-use 
    • Non owner occupied residential property
  • Loan size $250,000-$5,000,000
  • Low rate starts at 6.90%
  • Interest only payment
  • 1-12 month term
  • Maximum loan-to-value (LTV) 70% on new purchase and refinance, loan-to-value (LTV) 100% with additional collateral 

To submit a proposal and request for program information, click Real Estate Loan Quote.

 

 

 

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