Commercial Loan
We can give funds to the projects that don’t necessarily fit most the traditional guidelines of most banks and other lenders.
We specialize in commercial hard money loans and what makes us unique is that we are a direct lender. Besides that,
we can get your money to you in a short amount of time,unlike traditional banks and other lenders.
We fund Multi-family Units, Apartment Financing ,Commercial Acquisition, Commercial Refinance ,Debtor In Possession, Land Development Loans ,Retail Property Loans ,Industrial Property Loans, Office And Office Condo Financing, 1031 Exchange Financing etc.
Below are the terms:
Average close time of 3 days
Loan size:$20,000 – $10,000,000
LTV: 90%
Loan size:$20,000 – $10,000,000
Bad Credit -Accepted
Bankruptcy -Accepted
Foreclosure -Accepted
Collateral: 1st or 2nd lien position on the property.
Down payment: 10%
Fees: Borrower will be responsible for expenses without limitation,
including legal fees at closing.
Repayment: The repayment schedule will be interest only payment and balloon payment of
the principal at the end of the loan duration or principal and interest payment (Amortized)
.
Payment could be structured monthly, quarterly or annually. Payment instruction will be provided by the lender.
The rental income should be able to service the loan repayment in full.
Fees: Borrower will be responsible for expenses without limitation, including legal fees at closing.
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