Residential Loan Terms

LOAN AMOUNT
$100,000 to $5,000,000
LOAN TERM
6 to 24 months with option for extensions
ASSET TYPES
1-4 SFR
GEOGRAPHY
California
LOAN PURPOSE
Acquisition, Flip, Rental, Cash-Out
LOAN-TO-VALUE/COST
Up to 70% LTV
(higher leverage considered on a selective basis)
RATES
Starting at 7%
LOAN FEES
Varies depending on loan profile and term
DSCR
Below 1.0 will be considered
AMORTIZATION
Interest only
RECOURSE
Non-recourse available
PREPAYMENT
No prepayment penalty
CLOSING TIME FRAME
3-5 business days