Loan Programs


Loans From $750,000 to $10 Million

 Loan Parameters:

Loan Term:               1-3 years

 

Lending Area:           Continental United States

 

Property Types:        All commercial properties considered:         

                                      - Shopping Centers

                                      - Office Buildings

                                      - Industrial Buildings

                                      - Multi Family Buildings

                                      - Hotels / Motels

                                      - Raw Land

 

Occupancy:               Vacant or partially vacant

 

Loan Size:                 $750,000 - $10,000,000+

 

Interest Rates:           Rates vary depending upon collateral type

 

Amortization:              Interest Only

 

Loan to Value:           Usually 65% (could be up to 75%)

 

Origination Fee:        2-3% taken at closing from the loan proceeds

 

Closing Times:          Closings in as quick as 10 to15 business days