The Hard Money Loan is solely based on the value of collateral, not on the creditworthiness of the borrower. This asset based loan is ideal for a quick closing, an opportunistic acquisition, a transitional asset or an impaired borrower credit profile.
Key Points
Fast & Easy Loan Approval Process
No Credit Score Requirements
No Prepayment Penalty
No Minimum DSCR Required
Fast Turn-Around and Commitment
General Terms
$250,000 - $10 million+
LTV: up to 70%
Interest: from 8.00%*
Rate: Fixed
Term: 1-3 years
Amort: Interest Only
DSCR: No Minimum
No Prepayment Penalty
Recourse and Non-Recourse Options
Loan Purpose
Acquisition
Refinance
Cash-Out
Blanket Loan
Rehab / Construction / Construction Completion / Property Conversion
Collateral
Automotive
Assisted Living
Cannabis Use Property
Condominiums
Entertainment
Gas Stations
Hospitality
Industrial
Entitled Land
Mixed-Use
Mobile Home Park
Multifamily
Office
Owner-Occupied Commercial
Residential Investment (Luxury)
Restaurants
Retail
Self-Storage
Senior Housing
Single-Tenant NNN Property
Student Housing
Special Use
Warehouse
Solutions For
Bank Turndowns
Buy-Out Partner
Condo Projects
Credit Score
Cross-Collateral
Debt Service Partial or Not Cash-flowing
Foreign Nationals
Portfolio Loan Acquisitions
Renovation
Vacant Properties for Lease-Ups
Contact me to obtain a Soft Quote, discuss your scenario or for additional information. No Upfront Fee!