The Hard Money Commercial Real Estate Loan is solely based on the value of collateral, not on the creditworthiness of the borrower. The approval process is much easier and quicker than applying for a bridge or permanent loan.
Key Points
No Credit Score Requirement
No Upfront Lender Fee
No Appraisal Required = BPO
No Prepayment Penalty
Fast and Easy Approval Process
Terms
$200,000 - $10 million+
LTV: up to 65%
Interest: from 9.50%
Rate: Fixed
Term: 1-3 years
Amort: Interest Only
DSCR: No Minimum
No Prepayment Penalty
Purpose
Purchase
Refinance
Cash-Out
Collateral
Commercial Real Estate
Residential Investment Property
Contact me to discuss your scenario or for additional information. No Upfront Fee!