PRIVATE LENDER

[Darrel Miller]

We specialize in helping borrowers that don't necessarily qualify for a typical bank loan.

Loan Amounts: $200,000 to $5,000,000
Property Types: Multifamily 5+ units, Mobile Home Parks, Mixed Use, Office, Retail, Lt Industrial, and Self-Storage
Lending Areas: Nationwide except -- AK, ND, SD
Min. Credit Score: Generally 650 (<650 case-by-case) Index: 6-Mo. LIBOR Personal Recourse: Required Margin: 5.00% Rate Buydown: Available Rate Caps: 1.00%/1.00%/6.00% lifetime Rate Lock: Rates not locked until loan docs are drawn Floor: Initial Rate Loan Fee: 0.50%-1.50% (dependent on loan size and complexity) Prepayment: Step Down: 5,4,3,2,1 Loan Fee covers processing, underwriting and docs

[Justin Jeffries]

Im looking for a 2nd or LOC on 5 mobile home parks in NC...

[Jonthan Casillas]

With some more details we may be able to help with your funding needs please feel free to contact me. 

For Mobile home parks we have:

LTV up to 90% for acquisitions

  75% for refi

minimum of 10% cash injection

We can do $750k as a minimum and the go up to $5MM

[e-mail]

O: 800.278.1239 ext. 700

C: [phone]