Terms/Required Documents
Property Types/Sectors: Mixed-Use High-rise, Hotel, Development, Multi-Use Commercial, Office Building, SFR Development, Industrial Park, Commercial Acquisition, Commercial/Residential Land, Refinance, Multi zoned Raw Land and more.
Funding Amount: $10,000,000+ with no max.
Area of Interest: Primarily North America with consideration of stable international markets.
Terms: Short-6-36 months with two 6 month extensions available.
Long-20-30 years
LTV: 65%-90%. Please note that this varies per transaction and is based on risk and possible equity a client may already have on land.
Interest: Starts at 4%.
Fees: Start at 3% but this also varies by transaction.
JV: Considered on a deal by deal basis.
*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: $10,000,000+ with no max.
Area of Interest: Primarily North America with consideration of stable international markets.
Terms: Short-6-36 months with two 6 month extensions available.
Long-20-30 years
LTV: 65%-90%. Please note that this varies per transaction and is based on risk and possible equity a client may already have on land.
Interest: Starts at 4%.
Fees: Start at 3% but this also varies by transaction.
JV: Considered on a deal by deal basis.
- Credit App
- Executive Summary and Resume
- Two years of financials
- Construction draw schedule
- Copy of lease between land owner and borrower
- Three years personal tax returns
- Personal financial statement under 1 year old
- Articles of Incorporation
- Approved building plans
- Project timeline
- Project cost breakdown
*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.
