- Category: Services
Private Financing -- We have our own funds available for lending.
Do you have a killer Real Estate deal but lack the funds to make it happen?
Or maybe your money is tied up and you just need some extra cash to close the deal.
Currently we have two programs for commercial loans on non-owner occupied Real Estate for experienced Real Estate investors.
|Interest Only||Equity Share|
|Duration||One Year or less||up to 5 years|
|CLTV||up to 65%||up to 75%|
|Interest Rate||fluctuates.||fluctuates. Lower rate then Interest only plan|
|Equity Share||0 to 50% of appreciation.||25 to 50% of appreciation.|
|Credit Check||Depends on location of property||Depends on location of property|
|Secured by||Real Estate: Land, Single Family Home, 1-4 units, Apartment buildings, or Self Storage.||Real Estate: Land, Single Family Home, 1-4 units, Apartment buildings or Self Storage.|
CLTV = Cumulative Loan to Value
LTC -- Loan To Cost.