Loan Programs - click on the links below for detailed program info

Loan amounts for above properties can vary from $500,000 to $75,000,0000. Call us if your property falls outside of the categories or guidelines of the above programs. We have other programs available as lenders revise, append, or terminate their existing programs.

New Construction & Substantial Rehabilitation

• Up to 90% Loan-to-Cost on loan amounts from $2 Million
• Developer’s Fee* of 10% project cost (excluding land) allowed for equity requirement, which can bring owner’s cash investment to below 5%!  *For-Profit Projects only
• Up to 95% Loan-to-Cost for Non-profit projects
• Low fixed Rates and 40 year fully amortized note (No balloon)
• Non-recourse, property MUST cash flow at 1.10 DSCR
• No maximum loan amount
• 3^rd Party expenses, i.e. legal, accounting, architectural, marketing, etc. can be financed into the loan

Purchase & Refinance

• Up to 85% LTV for purchases on loan amounts from $2 Million
• An additional 7.5% Seller promissory note allowed for down payment
 
• Up to 85% LTV for refinances, up to 80% if Cash-Out
• Low fixed Rates and 35 year fully amortized note (No balloon)
• Non-recourse, property MUST cash flow at 1.20 DSCR
• No maximum loan amount
• 3^rd Party expenses, i.e. legal, accounting, environmental, marketing, etc. can be financed into the loan

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New Construction & Substantial Rehabilitation

• Up to 90% Loan-to-Cost on loan amounts from $2 Million
• Low fixed Rates and 40 year fully amortized note (No balloon)
• Non-recourse, property MUST cash flow at 1.10 DSCR
• No maximum loan amount
• 3^rd Party expenses, i.e. legal, accounting, architectural, marketing, etc. can be financed into the loan

Purchase & Refinance 

• Up to 85% LTV for purchases on loan amounts from $2 Million
• An additional 7.5% Seller promissory note allowed for down payment
 
• Up to 85% LTV for refinances, up to 80% if Cash-Out
• Low fixed Rates and 35 year fully amortized note (No balloon)
• Non-recourse, property MUST cash flow at 1.20 DSCR
• No maximum loan amount
• 3^rd Party expenses, i.e. legal, accounting, environmental, marketing, etc. can be financed into the loan

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Office (Commercial & Medical), Retail, and Industrial/Self-storage

Purchase & Refinance 

• Up to 85% LTV for Owner Occupied Purchases (SBA 504)
• Up to 65% LTV for Investment Purchases (Non-SBA) and up to 90% CLTV
• Up to 65% LTV for refinances, Rate/term or Cash-Out
• Low Rates and 25 year fully amortized note (No balloon)
• Full recourse, property MUST cash flow at 1.25 DSCR
• Loan Amounts from $500,000 to $7 Million
• Property types:  Commercial, Warehouse, Mixed Use, Industrial, Office, Medical/Dental Office, Retail

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Hospitality - Flagged Hotels

Purchase & Refinance 

• Up to 55-60% LTV
• National Franchises Only, Interior Corridor
• Non-recourse, property MUST cash flow at 1.25 DSCR
• Low Rates, 5yr Note and 25 year amortization
• Loan Amounts from $1 Million to $5 Million

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Church - Houses of Worship, Daycare facilities, and Retirement Communities

New Construction, Expansion, Purchase, & Refinance  

• Up to 75% LTV for construction with low fixed interest rate during construction period and up to 5yrs thereafter
• Up to 80% LTV for purchases and refinances
• Capital stewardship program is available, can make it much easier for a church to qualify for a mortgage
• Non-recourse, No pre-payment penalties - No Guarantors
• Low Rates and 30 year fully amortized note (No balloon)
• Loan Amounts from $500,000 to $50 Million

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Hard Money - Apartments, Office, Retail, Hotel, Assisted Living, Etc.

• Up to 50-75% LTV, "True" asset-based valuation
• Loan Amounts from $500k to $100 Million
• Rates from 10.99% to 14.99%, fixed rate - interest only, 60 month Note
• Equity is the only requirement!
• Construction, Development, and Rehab Loans are based on "as completed value" and solid exit strategy
• Partnership Buyouts, bankruptcy avoidance, REO and Note acquisitions, discounted debt repurchase, etc
• Commercial REO purchases and rehabs are great candidates for this program.

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Development/Construction Loans - Apartments, Office, Retail, Hotel, Assisted Living, Etc.

• Up to 70% LTV with rates starting at 7% 
• Interest only or Interest Reserves
• Construction Loans are based on "as improved value" and solid exit strategy
• Loan term: 12-48 months with extensions available
• Loan Amounts from $500k to $10 Million

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