Our focus is on non-institutional lending secured by residential, multi-residential, commercial and mixed-use properties. We also provide construction financing for residential and small commercial properties and secured mezzanine financing on well located multi-residential properties.

 

MATRIX

Some Collateral types that are of interest:
1. Office buildings (up to 75% LTV)
2. Apartment Buildings (up to 75% LTV)
3. Hotels/motels (stabilized-up to 65% LTV)
4. Mixed-use (up to 75% LTV)
5. Shopping centers (up to 75% LTV)
6. Warehouses (up to 75% LTV)
7. Owner-occupied facilities (up to 60% LTV)
8. Marinas (up to 65% LTV)
9. Auto repair/mechanic shops (up to 65% LTV)
10. Gas Stations (up to 65% LTV)
11. Assisted living facilities (up to 60% LTV)
12. Multi Family (up to 75% LTV)

Fix And Flip

**90% of purchase and !00% of repair budget

*Base on experience and ARV

Some Collateral types that are not of interest:
1. Land (unless borrower brings cross collateral or significant amount of cash to the table)
2. Construction (borrower brings cross collateral or significant amount of cash)
3. “White elephants” (very large vacant facilities)
4. Theme/water parks
5. Golf courses
6. Non-stabilized hotels
7. Hospitals
8. Daycare Centers

 

Interest Rates: 6%-12%

Amortization: Interest only

Loan to value: Up to 75% on income producing properties, 90% CLTV with Seller Financing

Origination Fee: 1-3% taken at closing from the loan proceeds

Loan Terms: 1 year with extensions available

Closing times: 5-15 business days

Loan Size: $1,000,000 to $50,000,000 +