Mortgage Terms

Properties Considered:

Residential (non-owner occupied), Commercial, Industrial and Land.

Length of Loan:

Flexible loan terms from 6-36 months.

Borrowing Entity:

All borrowers must close in the name of an LLC

Lien Position:

First mortgage position.


A legal personal guarantee is required.

Loan to Value:

Up to 65% LTV of the as is value for purchase transactions

Up to 50% LTV of the as is value for refinance transactions

Interest Rate:

13% (rates vary from 12%-18% per annum, interest only, depending upon collateral and loan structure)

Loan Size:

$75,000 to $1,000,000,000

6 months prepaid interest collected on every loan

Loan Advances:

Funds will be forwarded in draws of 1 to 4 advances to be determined by us. Funds will be wired by direct deposit into an account provided by the investor. An on-site inspection to determine current progress of the project may be required prior to release of funds. A sub-contractor guarantee may be required.

Prepayment Penalties:

No prepayment penalties.

Loan Origination Fees:

4 points.