Rates: 8% to 15% depends on the property, borrowers financials and location
Points: Starts at 2.5 points
Term: 3 Months up to 5 Years
Loan Amount: $50,000- $10,000,000
Type of property: Commercial & Residential
States we will Fund in: California, Nevada
Type of Loans we do: Refinance, Purchase, 1st TD’s, some 2nd TD’s
Loan to value: Up to 75%
Prepay: 3 months Prepay
Occupancy: NON Owner occupied only
Credit Type: Bad Credit, No Credit- OK
US Citizens only?: NO, Non US citizens may apply as well.
Income requirement: We look at Banks deposits to confirm income- WE DO NOT REQUIRE TAXES!
- Loan amounts from $50,000.oo to $10 Million in 1st position.
- 2nd Position loans from $100,000.00 to $500,000.00 up to under 50% CLTV for 12 – 24 months.
- Foreclosure/NOD, Bankruptcy, Bad Credit – Okay
- Purchase Money and Refinance Transactions
- FICO problem – Okay
- SISA, SIVA, and No Doc available on NOO and Investment Properties.
- Probate Loans – Okay
- Rehab and Construction loans, case-by-case.
- Property Inspection in lieu of Appraisal Reports, case-by-case.
- Corporations, LLC’s, and Trusts – Okay
- SFR and 1-4 Units up to 60% LTV. 12 Months to 10 Year Programs available.
- Industrial up to 50% LTV Interest Only, terms vary up to 5 years.
- Commercial up to 50% LTV Interest Only. 3 Months to 20 Years Loan Terms.
- Apartment Building Loans up to 65% LTV. Interest Only or Fully Amortized up to 5 years.
- Mix Used properties up to 60% LTV. Interest Only or Fully Amortized up to 5 years.
- Industrial Properties up to 50% LTV. Interest Only or Fully Amortized up to 5 years.