Commercial Real Estate Hard Money Loan

The Hard Money Loan is solely based on the value of collateral - credit score is not a factor. This asset based loan is ideal for a quick closing, opportunistic acquisitions, a transitional asset or an impaired credit profile. Providing the flexibility for today’s investor with loan amounts from $500,000, up to a 3 year loan term with no pre-payment penalty, no minimum FICO and no minimum DSCR. With a focus on providing a quick closing, you are able to close faster than a traditional bridge or permanent loan. The hard money loan offers speed, flexibility and simplification.

Contact me to discuss your scenario or for additional information.

Key Points

No Minimum FICO Score

No Minimum DSCR

Fast Turn-Around and Commitment

Seller Carry Allowed

Quick Close Available

 

 

Terms

$500,000 to $25 million+

LTV: up to 70%

Interest: from 8.00%*

Rate: Fixed & ARM Options

Term: 1-3 years

Amort: Interest Only

DSCR: No Minimum

No Prepayment Penalty

Recourse and Non-Recourse Options

 

 

Purpose

Acquisition

Refinance

Cash-Out

Cross Collateral

Rehab / Construction Completion / Property Conversion

 

 

Collateral

Automotive

Assisted Living

Cannabis Use Property

Condominiums

Debtor In Position (DIP)

Entertainment

Gas Stations

Hospitality

Industrial

Land: Entitled Urban Infill Land

Mixed-Use

Mobile Home Park

Multifamily

Office: Building, Condo, Medical, etc…

Owner User

Residential Investment (Luxury)

Restaurants

Retail

Self-Storage

Senior Housing

Single-Tenant

Student Housing

Special-Use

Warehouse

 

 

Solutions For

Bank Turndowns

Bankruptcy - Chapter 11 Exits

Buy-Out Partner

Condo Projects

Cross-Collateral

Debtor In Possession (DIP)

Debt Service Partial or Not Cash-flowing

Foreign Nationals

Portfolio Loan Acquisitions

Probate

Renovation

Vacant Properties for Lease-Ups

 

  

*Pricing is dependent on: Property Type, Loan Term, Location, Loan-to-Value, DSCR, Credit Profile and Quality of Sponsorship