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 9.25%
- 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