Private Money Extended Bridge Loans

(No Rehab Need, Turn Key)

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

Our Extended Bridge Loan Footprint:

RATES:

8.99% - 14.99%

LOAN TO VALUE:

Up To 65% LTV

(CBC Up To 75%)

LOAN AMOUNTS:

$50,000 - $15,000,000***

LOAN POINTS:

Depending on the strength of the file, Equity position, exit strategy, experience & Etcs.

EVALUATION PROCESS:

Appraisal From Vendor List (Can Except 3rd Party Appraisals CBC)

LOAN PURPOSE:

Business, Commercial Only (No Consumer Loans)

LOAN TERMS:

13 - 24 Months INTEREST ONLY

LOCATION:

Almost Nationwide

LOAN TO PURCHASE:

Up To 70% LTP*

PROPERTY TYPES:

Non Owner SFR, 2-4 Units & Condos, Town homes

LIEN POSITION:

Senior Lien Position Only

VESTING:

ENTITES ONLY
(CORP., LLC, LP)

LOAN PURPOSE:

Purchase, Cash Out, Rate & Term

TITLE SEASONING:

NO SEASONING

PRE PAYMENT PENALTY:

NONE

MINIMUM FICO:

**620 Fico

-We Only Lend on Investment Real Estate Only, We will NOT FUND a CONSUMER PURPOSE Loan -
*BORROWER MUST PURCHASE PROPERTY BELOW MARKET AT A SIGNIFICANT DISCOUNT.
**We LIKE TO SEE A 620 FICO SCORE, WE CAN GO DOWN TO 500 Fico's with mitigating factors
***ON A CASE BASIS WE CAN GO LOWER THEN OUR MINIMUM AS WELL AS GOING HIGHER THEN OUR MAXIMUM.

EQUITY CAP EXPRESS APPLICATION

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