Commercial Real Estate Hard Money Loan

Braxton and Company primarily offers an asset based bridge loan for opportunistic acquisitions and repositions between $250,000 and $50 million+. With a primary focus on providing a quick closing, you are able to close faster than a traditional permanent loan. Up to a 3 year loan term and no pre-payment penalty provides the flexibility needed to reposition and stabilize properties. Braxton and Company is a wholesale broker for a national conventional and conduit lender which can provide permanent financing upon stabilization, creating a seamless exit strategy. The hard money loan offers speed, flexibility and simplification.

 

 

Key Points

No Minimum FICO Score

Foreign Nationals - Ok

Vacant Property - Ok

Fast Turn-Around and Commitment

Available Nationwide

2-3 Week Quick Close

 

 

Terms

$250,000 to $50 million+

LTV: up to 70%*

LTC: 100% of rehab budget

Interest: from 8.00%**

Rate: Fixed

Term: 1-3 years

Amort: Interest Only

No Prepayment Penalty

Non-Recourse

 

 

Purpose

Acquisition

Refinance

Cash-Out

 

 

Collateral

Automotive

Assisted Living

Condominiums

Entertainment

Gas Stations

Hospitality

Industrial

Mixed-Use

Mobile Home Park

Multifamily

Office: Building, Condo, Medical, etc…

Owner User

Residential Investment (Luxury)

Residential Vacation Homes

Restaurants

Retail

Self-Storage

Senior Housing

Single-Tenant

Student Housing

Special-Use

Urban Land

Warehouse

 

 

Solutions For

Buy-Out Partner

Cross-Collateral

Debtor-in-Possession (DIP)

Discounted Payoffs (DPOs)

In Default, Foreclosure

Loan Portfolio Acquisitions

Foreign Nationals

Condo Projects

Vacant Properties

Renovation

 

 

*Up to 80% LTV on $4M+ loan amounts

**Rate dependent upon term, leverage and property type