TRTY Nationwide
AMNT $7M - No Max
LTV 96% LTC to 71% ACV
4% given by 2nd investor
INT 12%
PTS 6 + 2 = 8 (All Rolled Into Loan)
TRM 12 - 36 months
CRDT None
PPP 6 month guarantee
No Up Front Fees
Lending For Oil & Gas, Lender will pay for reserve report
Lending on Energy Projects includes: Wind, Bio Diesel, Solar, Etc.
Monday, December 20, 2010
Wednesday, December 15, 2010
Non Warrantable Condo Lending
TRTY Nationwide
AMNT $100k - $3M
LTV 80%
INT 7 - 10%
PTS 2 - 4
TRM 5 - 25 year fixed
PPP 3 years
CRDT 680
DOCS Full Doc
RSVS 12 months reserves PITI for all mortgages outstanding
AMNT $100k - $3M
LTV 80%
INT 7 - 10%
PTS 2 - 4
TRM 5 - 25 year fixed
PPP 3 years
CRDT 680
DOCS Full Doc
RSVS 12 months reserves PITI for all mortgages outstanding
Wednesday, December 8, 2010
Arizona 100% Purchase And Rehab Lending
Loan Program # 1
AMNT $25k - $250k (Up to $500k for Multi's)
LTV 70% of purchase / 100% of purch/rehab if put 35% of purchase into escrow)
INT 12% 12%
PTS 4 (min $2k) 6 (min $3k)
TRM 6 months 12 months
PPP 4 month guarantee 6 month guarantee
Loan Program # 2
TRTY AZ, CA, HI, NV
AMNT $50k and up
LTV Up to 100% LTC
INT 12 - 14%
PTS 6
TRM 12 months
PPP None
Loan Program # 3
TRTY AZ &TX Only
AMNT $100 - $10M
LTV 55% ARV (to 100% LTC)
35% Land
INT 15 - 18%
PTS 6 - 10
TRM 12 months (ext to 24 months)
PPP None
True Hard Money, Asset Based, No Credit
Need Appraisal, No Seasoning
Loan Program # 4
AMNT $50k - $5M
LTV 100% LTC of 70% ARV or FMV if purchase
INT 18% (plus $750 after first month payment to exercise 5 month "option")
PTS 4 - 6
TRM 6 + 6
PPP None
Casino Lending
Loan Program # 1
TRTY Nationwide, Carribean & South America
AMNT $500k - $20M
LTV Apartments 80 %
Commercial 75%
Industrial 65%
INT Starts at Prime + 2
PTS 1 (gives point back to Broker)
TRM 10 / 25
PPP Varies
DSCR 1.15
Loan Program # 2
TRTY Nationwide
AMNT $2M - $100M
LTV 75% (60% for Hotels)
INT 10 - 12
PTS 2 - 3
TRM 12 - 36
PPP None
REO Purchase, NPN, PN, Distressed Properties,
No Up Front Fees
Loan Program # 3
Territory Nationwide
Amount $500k to $50M
LTV 65% (100% on construction budget)
INT 12 - 18%
PTS 2 - 13
TRM 12 - 36 months
PPP No
Commercial, Land and Construction
Monday, November 29, 2010
Note Financing (Performing And Non Performing)
Loan Program # 1
Territory Nationwide & International
Amount $100k - $34M
LTV 65 - 80%
INT 10 - 16%
PTS 3 - 6
TRM 12 - 36 months
PPP None
Loan Program # 2
Territory National
Amount $25k - $2M
LTV 65%
INT 10 - 14%
PTS 3 - 6
TRM 6 - 24 months
PPP No
Loan Program # 3
TRTY Nationwide
AMNT $2M - $100M
LTV 75%
INT 10 - 12
PTS 2 - 3
TRM 12 - 36
PPP None
Loan Program #3
TRTY Nationwide
AMNT $100k - No Max
LTV 70 - 75%
INT 10 – 14%
PTS 2 – 4
TRM 12 – 36
PPP None
Loan Program # 4
TRTY Nationwide
AMNT $500k - $15M
LTV 70%
INT 11 - 12%
PTS 5 - 6
TRM 12 months
PPP No
Loan Program # 5
TRTY Nationwide
AMNT $5M - $40M
LTV 75%
INT 11 – 14%
PTS 3 - 6
TRM 1 - 5 years
PPP None
Saturday, November 27, 2010
Caribbean, Central America, South America Lending
Loan Program # 1
TRTY Nationwide, Caribbean, Mexico , Central America
AMNT $1M- $300M
LTV 60 - 80%
INT 9 - 12%
PTS 1 - 5
TRM 1 - 7 years
PPP None
Due Diligence, $0 - $30,000 but all refundable if not funded
Loan Program # 2
Territory National, Caribbean, Korea , China , Europe , International
AMNT $1M - $75M (Best is $2M - $20M)
LTV 65%
INT 12 - 18%
PTS 7 - 10
TRM 6 - 18 months (case by case up to 36)
PPP No
Borrower needs a minimum of 10 - 15% cash into deal
JV with 25 - 50% to Investor
Loan Program # 3
Territory Nationwide, Canada
AMNT $150k - $25M
LTV 55% Non income producing
65% Income producing
35% Land
INT 8 - 16%
PTS 3 - 7
TRM 3 - 60 months
PPP None
Illinois Purchase And Rehab Lending
Loan Program # 1
TRTY Chicago Area Only
AMNT $50k – $5M
LTV 65% ARV up to 100% LTC
INT 14%
PTS 4
TRM 6 – 8 months
PPP No
Properties: 1 – 4 units and larger apartment buildings
Lender has Borrower escrow all loan payments at closing
Lender has Borrower escrow 6 months PITI of future end loan
1. Term can be up to 10 months, need Lender to know
2. At closing, Borrower gives term of loan in payments to be put in escrow
(example: 7 month loan, 7 months into escrow
3. Lender looks at all loans as exit strategy refinances
Lender qualifies Borrower for end loan as part of underwriting
Lender has Borrower bring to table 6 months PITI of end loan payments
Loan Program # 2
TRTY Chicago Only
AMNT $20k – $5M
LTV 70% ARV (Up to 100% LTC)
INT 24 – 36%
PTS 1
TRM 6 – 12 months
PPP 4 month guarantee
Property: 1 – 4 units, Commercial, Apartment Complex, Condos
Loan Program # 3
Territory Chicago
Amount $50k – $400k
LTV 80% of purchase and rehab (but max is 65% of LTV)
INT 18 – 24%
PTS 5 (min of $2,500)
TRM 12 months
PPP 4 months guaranteed
CRDT 600
Will do JV
Loan Program # 4
Refinance Only Lender
TRTY Chicago Area Only
AMNT $25k – $1M
LTV 60 – 70%
INT 12 – 20% (15%)
PTS 5
TRM 12 – 24 months
PPP 3 month guarantee
TRTY Chicago Area Only
AMNT $50k – $5M
LTV 65% ARV up to 100% LTC
INT 14%
PTS 4
TRM 6 – 8 months
PPP No
Properties: 1 – 4 units and larger apartment buildings
Lender has Borrower escrow all loan payments at closing
Lender has Borrower escrow 6 months PITI of future end loan
1. Term can be up to 10 months, need Lender to know
2. At closing, Borrower gives term of loan in payments to be put in escrow
(example: 7 month loan, 7 months into escrow
3. Lender looks at all loans as exit strategy refinances
Lender qualifies Borrower for end loan as part of underwriting
Lender has Borrower bring to table 6 months PITI of end loan payments
Loan Program # 2
TRTY Chicago Only
AMNT $20k – $5M
LTV 70% ARV (Up to 100% LTC)
INT 24 – 36%
PTS 1
TRM 6 – 12 months
PPP 4 month guarantee
Property: 1 – 4 units, Commercial, Apartment Complex, Condos
Loan Program # 3
Territory Chicago
Amount $50k – $400k
LTV 80% of purchase and rehab (but max is 65% of LTV)
INT 18 – 24%
PTS 5 (min of $2,500)
TRM 12 months
PPP 4 months guaranteed
CRDT 600
Will do JV
Loan Program # 4
Refinance Only Lender
TRTY Chicago Area Only
AMNT $25k – $1M
LTV 60 – 70%
INT 12 – 20% (15%)
PTS 5
TRM 12 – 24 months
PPP 3 month guarantee
Wednesday, November 24, 2010
Monetize SBLC, BG, CD's, Bonds, Domestic and Foreign
Monetize
Investment Grade Contracts
SBLC
BG
CD's
Corporate Bonds
Foreign Bonds
Treasury Bonds
Purchase Orders
Invoices
Long Term Contracts
Investment Grade Contracts
SBLC
BG
CD's
Corporate Bonds
Foreign Bonds
Treasury Bonds
Purchase Orders
Invoices
Long Term Contracts
Auto Dealership, Service Station, Mechanic Garage, Lending
Loan Program # 1
TRTY Nationwide
AMNT $100k - $6M
LTV 90% O/O
60% Commercial
INT Prime + 2.5 - 4.5
PTS 1 - 3
TRM 5 / 20 - 25
PPP 5 / 4 / 3 / 2 / 1
CRDT 660
Will do Construction
Loan Program # 2
TRTY Nationwide
AMNT $600k - $4M (in house)
LTV 60 - 65%
INT Prime + or T Bill
PTS 2 - 4
TRM 12 - 36 months
CRDT 660 (Experian Only)
Docs Full Doc Only
Loan Program # 3
Nationwide
Office Buildings 75% LTV Int Rate 9 - 13%
Apartments 75 CLTV (IPP Only) 90%
Mixed Use 75 Points 4 - 6
Malls 75 Terms 1 - 3
Warehouse 75 Amount $300k - $50M
ALF 75 Credit 600
Hotels Flagged 65 Down Pay Minimum 10%
Auto 65
Owner Occupied 65
Vacant Bldg 60
Loan Program # 4
Territory Nationwide
Amount $500k to $50M
LTV 65% (100% on construction budget)
INT 12 - 18%
PTS 2 - 13
TRM 12 - 36 months
PPP No
Commercial, Land and Construction
Loan Program # 5
TRTY Nationwide
AMNT $500k - $15M
LTV 70% as is or purchase
(But, if buy a property at 50% LTV, will give funds for rehab)
INT 11 - 12%
PTS 5 - 6
TRM 12 months
PPP No
TRTY Nationwide
AMNT $100k - $6M
LTV 90% O/O
60% Commercial
INT Prime + 2.5 - 4.5
PTS 1 - 3
TRM 5 / 20 - 25
PPP 5 / 4 / 3 / 2 / 1
CRDT 660
Will do Construction
Loan Program # 2
TRTY Nationwide
AMNT $600k - $4M (in house)
LTV 60 - 65%
INT Prime + or T Bill
PTS 2 - 4
TRM 12 - 36 months
CRDT 660 (Experian Only)
Docs Full Doc Only
Loan Program # 3
Nationwide
Office Buildings 75% LTV Int Rate 9 - 13%
Apartments 75 CLTV (IPP Only) 90%
Mixed Use 75 Points 4 - 6
Malls 75 Terms 1 - 3
Warehouse 75 Amount $300k - $50M
ALF 75 Credit 600
Hotels Flagged 65 Down Pay Minimum 10%
Auto 65
Owner Occupied 65
Vacant Bldg 60
Loan Program # 4
Territory Nationwide
Amount $500k to $50M
LTV 65% (100% on construction budget)
INT 12 - 18%
PTS 2 - 13
TRM 12 - 36 months
PPP No
Commercial, Land and Construction
Loan Program # 5
TRTY Nationwide
AMNT $500k - $15M
LTV 70% as is or purchase
(But, if buy a property at 50% LTV, will give funds for rehab)
INT 11 - 12%
PTS 5 - 6
TRM 12 months
PPP No
Monday, November 22, 2010
Massachusetts Purchase And Rehab Lending
Loan Program # 1
Territory MA Only
Amount $50k - $5M
LTV 70%
INT 12 - 16%
PTS 2 - 3
TRM 3 - 36 months
Purchase/Rehab (Except in Springfield
Commercial Properties Only
Land development, construction, renovation
Loan Program # 2
Amount $100k - $4M
LTV Up to 90% (Sometimes from ARV)
75% LTC (purchase + rehab) Standard
INT 15 - 18%
PTS 4
TRM 12 - 24 months
PPP No
CRDT 620
Borrower needs experience, deal or two in last year
Needs to show money in bank to pay for down payment and carrying costs
Properties include 1 - 4 unit N/O/O, Mixed Use
New Construction: NY, NJ, CT
Loan Program # 3
Territory Nationwide, MA (Including SPFLD , MA
AMNT $50k - 2.5M
LTV Up to 80%
INT 12 - 18
PTS 2 - 6
TRM 12 - 36 months
PPP None
CRDT Credit Used To Determine Loan Program
Loan Program # 4
Commercial Property Purchase & Refinance
Development and Construction
Bank Workouts, BK & Foreclosure, Bridge
Mezzanine, DIP, Heavy Equipment,
No Income/No Asset, No Seasoning Ownership
Territory MA, ME, NH
Amount $100k - no max (Springfield
LTV 60 - 65%
INT 16%
PTS 4
TRM 12 - 36 months
PPP 4 / 3 / 2 or 3 / 2 / 1
Will do construction, Worcester County East
With cross collateral will give higher LTV
Thursday, November 18, 2010
Coins Secured Lending
TRTY Nationwide
LTV 50 – 60%
Collectable Value or Melt Down Value
INT 12 – 16%
PTS 4 – 8
TRM 12 – 24 months
PPP None
Lenders will also fund loans based on Paintings, Other Art, Autos, Gems,
Minerals, Oil & Gas, Many other types of personal property
Wednesday, November 17, 2010
Florida Long Term Hard Money Lending
Amount $50k - $5M
LTV Residential 75% / Commercial 65%
Interest 12.25%
Term 3/20 then Prime + 6
Points 2
PPP No
Credit Not credit score driven & No Ratios
Mortgage lates OK
Loan Program # 2
Commercial Lending & Residential N/O/O
Territory Nationwide (Prefer Western States)
AMNT $50k - $10M
LTV 65 - 75%
100% LTC of 60% ARV - Purchase/Rehab SFR
INT 12%
PTS 5 - 6
TRM 6 - 36 months
PPP No
CRDT 680
Condo Conversion, Land, Entertainment Complexes, Hotels
Will do Second Mortgages
Thursday, November 11, 2010
Baltimore Purchase And Rehab Lending
Loan Program # 1
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all othe states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all othe states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
DC Purchase And Rehab Lending
Loan Program # 1
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all other states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all other states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
Maryland Purchase And Rehab Lending
Loan Program # 1
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all other states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
Territory DC, MD, VA (not Baltimore)
Amount $100k – $5M
LTV True Hard Money (Decisions based on property, not borrower)
Purch/Rehab based on 60% of ARV
Residential Ground Up Construction, up to 50% of completed value
Vacant Land, up to 50% of appraised value
Commercial, up to 50% of as is or ARV
Cash out refinance, up to 50% of appraised value
JV opportunities for land development projects, $1M or more
Borrowers No CRDT
No Tax Returns
No 1003
No Income check
Equity in property only
INT 14%
PTS 4 – 6
TRM 6 month balloon notes, no monthly mortgage payments
12 months with payments or interest reserves
PPP No
Loan Program # 2
Territory CT, DC, DE, MA, MD, NC, NJ, NY, PA, VA, WV,
Amount $250 – $5M
LTV 100% LTC of 65% ARV
INT 13 – 15%
PTS 3 – 5
TRM 12 months
PPP No
Residential Investor Lending: DC, MD, VA
Commercial Lending, all other states
Loan Program # 3
Territory DC, MD, VA
Amount $50k – $1M ($5M for condo conversion)
LTV 100% LTC of 65% ARV (exceptions to 70%) Won’t do Baltimore Inner City
INT 12%
PTS 4 – 6
TRM 6 – 12 months
PPP No
No monthly payment of 6 month loan
Purchase/Rehab, Land & Construction, Foreclosure Purchase, Short Sale Purchase
No Credit Requirements
Borrower has to have 10 – 15% of loan amount into deal
Borrower pays pts and closing costs, deal 1 and 2 – thereafter rolled into loan
Loan Program # 4
Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
$91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Loan Program # 5
Territory Purch/Rehab CT, DC, MA, MD, NH, NJ, NY, PA, RI
Phil, DC, Baltimore – 100% purchase + rehab (of 65% ARV)
CT, MA, RI – 30% DP, 100% of Rehab
All others, 60% of as is or 80% of purchase whatever is lower
Amount $100k – no max
LTV See Above
INT 16%
PTS 4
TRM 6 – 12 months
PPP No
CRDT 640
Borrower needs 10 – 15% of the purchase price into project,
plus points and closing costs
Loan Program # 6
Territory National
Amount $150k (Tri State Area) $250 outside area – No Max
LTV 95% purchase + rehab
INT 11 – 15%
PTS 4
TRM 6 – 36 months
PPP No
Docs Needed: Credit report, 1003, Use of Funds, Exit Strategy, Photos, Comps
Bridge Loans Land (NYC Only)
No JV
Loan Program # 7
Territory DC, DE, MD, OH (middle of state only, Cincinnati, VA
Amount $50k – $2M
LTV 65% ARV
INT 12 – 15%
PTS 3 – 8 (5)
TRM 12 months
PPP No
Will lend up to 65% ARV and will fund 100% of the deal
Docs Required : 1003
Credit Report
Estimate of Repair
P & S Agreement
Comps
Old Appraisal
Photos
Builders Risk Policy
Loan Program # 8
TRTY MD (including Baltimore)
AMNT $15k – $250k
LTV 60 – 65% ARV (100% of 65% ARV)
INT 15%
PTS 5 (minimum $2500)
TRM 6 months (will give 2 extensions of 3 months)
PPP No
RSVS 10% of ARV
If LTV low enough, will fund all = Purch/Rehab/Pts/Cl Costs
Draws: Reimbursement (2 draws)
Purchase and Refinance
Loan Program # 9
Territory DC, South MD, North VA (No Baltimore)
AMNT $50k – $1.5M
LTV 100% LTC of 50% ARV
INT 14%
PTS 4 – 6
TRM 6 – 12 months
PPP No
CRDT No
Income No
Purchase/Rehab, Commercial, New Construction, Land, Condo
Condo Conversion, C/O Refinance
JV, Borrower has land they provide funds
Loan Program # 10
Specializes in Commercial & Residential Purchase / Rehab
Territory Phil & E PA; S NJ; N DE; MD Cecil County (Residential)
Nationwide Commercial
Amount $30k – $10M
LTV 65% ARV (100% of purch/rehab to 60% ARV)
INT 16
PTS 10 ($6,000 min)
TRM 6 – 12
PPP No
CRDT 660
Commercial Bridge, Residential Bridge, Land & Purch / Rehab
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