Standard term notes with revolving structures available.
Property Types & Uses: 1-4 units, Mixed-use, Multifamily, Hospitality, Healthcare, Industrial, Luxury Estates, Land, etc.
Loan Amounts: $1M-$500M
Terms: 1-3 years, interest-only, no pre-pay penalty structure available
Amortization:
Note Position: 1st; *2nd in select scenarios
Loan-to-Value: Up to 75%
Loan-to-Cost: Up to 90%
Rates: Starting at 7.99%, with scaling options
DSC: x 0.75 - 1.25; *interest reserve can waive debt-service-coverage calculations (in select scenarios)
Interest Reserve: 3-12 months; *no reserve requirements available
Origination Fee: 0.25%-2.5%
Entity Type: LLC/Corp, Non-Profit, Personal
Recourse: Non-recourse, Recourse options available
Locations: All 50 States (LLC/Corp/Non-profit), Florida (Personal), Caribbean, South America, Europe, & Canada
Closing time: As quick as 5 days (Hard Money), 10-21 days (Standard), 30-45 days (Niche), 45-90 days (High-Ticket/Ultra Niche)