Terms/Required Documents
Property Types/Sectors: Mixed-Use, Multifamily, Retail, Warehouse, Light Industrial, Assisted Living, High-rise, Office, Mobile Homes and more.
Funding Amount: $15,000,000-$100,000,000 (Other amounts can be considered on case by case scenario.)
FICO: No minimum amount
Area of Interest: North America. Some stable international markets.
Terms: 1-3 years
LTV: 65%-90%.
Interest: Starts at 7%.
Fees: Start at 2% but this also varies by transaction.
*Other documents may be requested depending upon amount needed
**PLEASE NOTE THAT ALL OF THE ABOVE IS A BEST CASE SCENARIO AND FACTORS SUCH AS LENDEE’S EXPERIENCE, FINANCIALS, RISK OF THE PROJECT, AND ETC WILL DETERMINE FINAL NUMBERS.
Funding Amount: $15,000,000-$100,000,000 (Other amounts can be considered on case by case scenario.)
FICO: No minimum amount
Area of Interest: North America. Some stable international markets.
Terms: 1-3 years
LTV: 65%-90%.
Interest: Starts at 7%.
Fees: Start at 2% but this also varies by transaction.
- Credit App
- Current year interim
- Credit report
- Purchase agreement (If Applicable)
- Appraisal if available
- Rent roll with tenants names, lease term, how many year in, months lease amount, square footage occupied.
- Tax assessment (If Applicable)
- Business bank statements (Min 6 Months)
- Organization chart of owners of company
- Borrower authorization
- Asset documents (Checking/Savings, Retirement Accounts, etc.)
- Income documents: (Last 3 years business and personal tax returns, previous year Profit/Loss and Balance sheet, YTD Profit/Loss and Balance Sheet)
- Schedule of real estate owned (Fix & Flip)
- Personal financial statement
- Total budget including improvements
- Short explanation of the property, photos of property, survey, elevation drawings for new construction
- Down payment or equity provided for transaction
*Other documents may be requested depending upon amount needed
**PLEASE NOTE THAT ALL OF THE ABOVE IS A BEST CASE SCENARIO AND FACTORS SUCH AS LENDEE’S EXPERIENCE, FINANCIALS, RISK OF THE PROJECT, AND ETC WILL DETERMINE FINAL NUMBERS.
