Commercial Hard Money Loans
A thorough understanding of your business operations is the first step toward seizing emerging opportunities. The hard money program I offer is specifically designed to support a diverse range of property types, from multifamily dwellings to retail spaces. This program provides the flexibility and speed essential for staying competitive in today's market.
Our guidelines are crafted to be clear and straightforward, ensuring you have a precise understanding of the qualification requirements. By emphasizing asset-based lending and having no minimum credit score requirements, we unlock possibilities that traditional financing options often overlook.
Our program features minimum loan amounts ranging from $250,000 to $30 million, with a maximum LTV of 65%, and rates starting at 10.75%. Terms are 12 to 36 months, and interest-only payment options are available. Factors such as credit score, foreclosures, and bankruptcies are generally not an impediment to qualification.
Commercial Bridge Loans
Catering to 5+ multifamily, mixed-use, office, retail, and self-storage properties, our loans are designed to bridge the gap between your immediate financing requirements and long-term goals.
It's crucial to remember that CRE financing operates distinctly from residential mortgages, which are designed for personal home purchases or refinances.
Funding is quick, usually taking place 3-5 days after all loan conditions have been submitted and reviewed. There is typically no credit score requirements as we use the commercial real estate as collateral. Our loan amounts start at $250,000 and range up to $2 million, with maximum LTV at 65%, no prepayment penalties, and terms from 12 to 24 months.
Commercial Stated Income Loans
Our Stated Income Loan program offers a streamlined qualification process, allowing borrowers to secure financing without the need for traditional income verification documents. This program is available for a wide range of property types, including multifamily (5+ units), mixed-use buildings, office spaces, retail properties, warehouses, and self-storage facilities.
For commercial real estate, the minimum loan amount is $250,000, while residential investment properties have a minimum loan amount of $75,000. Loan terms can extend up to 30 years, with options for both fixed-rate and interest-only payments.
We offer a maximum Loan-to-Value (LTV) of 75%. For scenarios involving a second mortgage, the maximum combined loan-to-value (CLTV) can reach 90%. Approvals can be issued within 48 hours, with funding timelines varying based on specific loan conditions.