Interest Rate | Starting at 8% | Property Locations | Within a 10 Mile Radius of Zip Code 90210 |
Loan to Value | Up to 100% | Loan Types | Bridge Acquisition, Rehab, Fix-Flip, Major Remodel, Ground-Up New Construction |
Loan Amounts | $1 million to $4 million | Property Types | Non-Owner Occupied Luxury Residential One to Four Units; Multi-family 5+ Units; Commercial |
Origination Fees | Starting at 1.5 Points | Lien Position | First Trust Deeds and Low LTV Second Trust Deeds |
Minimum Interest Due | 6 months | Personal Guarantee | None |
Application, Appraisal & Processing Fees | None | Non-Recourse | Yes |
Legal/Doc Prep Fee | $500 – $5000 Based on Complexity of Loan |
Prepayment Penalty | None |
Loan Maturities | 6, 12, 18, 24 Months | Cooperate with Mortgage Brokers | No |