Hard Money Commercial Real Estate Loan

The Hard Money Commercial Real Estate 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 $250,000, up to a 3 year loan term, 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. A 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

$250,000 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

Blanket Loan

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-Occupied Commercial

Residential Investment (Luxury)

Restaurants

Retail

Self-Storage

Senior Housing

Single-Tenant NNN Property

Student Housing

Special-Use

Warehouse

 

 

Solutions For

Bank Turndowns

Bankruptcy - Chapter 11 Exits

Buy-Out Partner

Condo Projects

Credit Score

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 based on: Property Type, Loan Term, Loan-to-Value, DSCR and Quality of Sponsorship