We use a variety of capital sources for commercial real estate loans over $5 Million, including Conduit lenders, Portfolio lenders, Hedge Funds, Life Insurance companies, Banks and Hard Money sources.
Skilled Nursing/Assisted Living Facility - New Construction
Skilled Nursing/Assisted Living Facility - Acquisition
Skilled Nursing/Assisted Living Facility - Refinance
Manufactured/Mobile Housing - New Construction
Manufactured/Mobile Housing - Acquisition
Manufactured/Mobile Housing - Refinance
Hard Money Loan Programs Breakdown
85% Loan-to-Value
35 Year Amortization
35 Year Term (no balloon)
7.5% Seller promissory note allowed for down payment requirements
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury YieldNo personal liability (non-recourse)
Negotiable pre-payment terms
1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
85% Loan-to-Value (80% with cash out)
35 Year Amortization
35 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield.No personal liability (non-recourse)
Negotiable pre-payment terms
1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
90% Loan-to-Cost
Interest-only construction loan that automatically converts to 40-year permanent financing
40 Year Amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield“Developer’s Fee” of 10% of cost allowed to be used towards equity requirement
No personal liability (non-recourse)
Negotiable pre-payment terms
1:10 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
This program offers more favorable terms than traditional two-step construction and permanent financing. With this program, there is only one closing, and one interest rate lock, which is always lower than traditional bank financing. This program utilizes an interest only (interest is capitalized into the mortgage) construction loan that automatically converts to a 40-Year Permanent fixed rate mortgage upon completion of construction.
90% Loan-to-Value
40 Year amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten Year Treasury yield.
“Developer’s Fee” of 10% of cost allowed to be used towards equity requirement
No personal liability (non-recourse)
Negotiable pre-payment terms
1:10 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Skilled Nursing/Assisted Living Facility - New Construction
90% Loan-to-Cost
Interest-only construction loan that automatically converts to 40-year permanent financing
40 Year Amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury YieldNo personal liability (non-recourse)
Negotiable pre-payment terms
1:10 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Skilled Nursing/Assisted Living Facility - Acquisition
85% Loan-to-Value
35 Year Amortization
35 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the
Ten-Year Treasury YieldNo personal liability (non-recourse)
Negotiable pre-payment terms
1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Skilled Nursing/Assisted Living Facility - Refinance
85% Loan-to-value, no cash out
35 Year amortization
35 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield. No personal liability (non-recourse) Negotiable pre-payment terms1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable. Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Manufactured/Mobile Housing - New Construction
90% Loan-to-Cost
Interest-only construction loan that automatically converts to 40-year permanent financing
40 Year Amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury YieldNo personal liability (non-recourse)
Negotiable pre-payment terms
1:20 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Manufactured/Mobile Housing - Acquisition
80% Loan-to-Value
30 Year amortization
10-30 Year Term
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield.No personal liability option (non-recourse)
Negotiable pre-payment terms
1:20 Minimum Debt Service Coverage
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Manufactured/Mobile Housing - Refinance
80% Loan-to-Value
30 Year amortization
10-30 Year Term
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten Year Treasury Yield.No personal liability option (non-recourse)
Negotiable pre-payment terms
1:20 Minimum Debt Service Coverage
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
Hard Money Loan Programs Breakdown
Receive Funding for Various Commercial Projects
Acquisitions, Construction (Up to 100%), Rehab
Equity Loans, Rescue Loans (Depleted Funds, Workouts, Restructures, Bankruptcy, Foreclosures)
Bridge/Interim Loans (Short Term Financing)
Lending Parameters
Interest Rates: 11%-13%
Amortization: Interest Only
LTV: Up to 65% on Income Producing properties
CLTV: Up to 85% on Income Producing properties
Origination Fee: 3-5% taken at closing from the loan proceeds
Loan Terms: 1-3 years
Closing Times: 10-14 Days
Loan Size: $5,000,000 - $50,000,000+
Allow Subordinate Financing: Mezzanine, Cross-Collateral, Seller Seconds
Cash Down: Borrower needs at least 15% cash into project
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes.
