- Monthly Payments:
- Interest only.
- No amortization.
- No escrow for taxes or insurance
- Loan Size:
- In most cases, we’ll start as low as $15,001 and go as high as $250,000.
- For smaller loans, points are based on a minimum loan size of $50,000.
- No Pre-payment Penalty:
- We do ask for a 30 day notice.
- Loan To Value (LTV):
- Generally we lend at 60-65% of the After Repaired Value (ARV)
- Financing of Closing Costs, Points and Interest Payments:
- If your LTV is low enough, we can finance your loan costs.
- Construction Draws:
- We’ll fund up to 100% of the renovation cost.
- Renovation costs are paid out in draws, upon completion of the work.
- Loans to LLCs:
- We will lend to LLC or corps, but we do require personal guarantees.
We want to be your hard money lender …… Easy, Fast, Reliable !