Single Family Residential (SFR) Investor Purchase (No Rehab)

Territory          AZ, CO, GA, ID, MD, NC, NE, 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

Standard, Private Commercial Lender Program

Territory      Nationwide
AMNT          $100k -  $10M
LTV             50 - 70%
INT             10 - 15%
PTS            2.5 - 6
TRM           15 / 30
PPP            None

Refinance: No ownership seasoning, will take
                 off of current value

All property types accepted
(bl)

Private Lender Financing: Commercial Purchase, Refinance, Construction Completion

Program Dynamics:
Commercial: NO UP-FRONT FEES!
LTVs up to 65%
Rates - 9.99% to 12.99%
12-24 month terms with exceptions for longer or shorter terms
Interest Only
NO prepays
NO minimum interest
NO yield maintenance

Collateral Types:
Multifamily
Mixed Use
Office Buildings
Office Condos
Fractured Condos
Light Industrial
Retail
Warehouses
Finish Construction or Rehab Completion on first two
collateral types. - 50% max LTV 

Please call/email me to discuss your Non Owner Occupied Residential
and Commercial scenarios or simply email a quick executive summary
for a prescreen.
(hta)

Transactional Funding: 1 - 45 Days

Transactional Funding # 1

TRTY       Nationwide

AMNT      $100k - $50M

LTV          100%

INT           0

PTS          0 - 1          2.5   (Loan amnt below $600k & $2500 min)

                                   2.25 (Loan amnt above $600k)

                  2 - 3          3.0   (Any Mr. C Loaned Funds is 2 Days)

                  4 - 15       3.5

                  16 - 30     4.0

                  31 - 45     6.0

ADMN Fee               $500

Transactional Funding # 2

1 Day Funding

2 - 2.5 points ($2250 Min)

2 - 10 Days

PTS          2 - 4 Days        3.0%    + $495 + 12% profit

                  5 - 10 Days      3.75% + $495 + 15% profit

Entities Only

Mr. C needs 3.5% DP

Transactional Funding # 3

TRTY       Nationwide

AMNT      1 Day       $1M

                  2 - 120     $500k

LTV          100%

INT           0

PTS          0 - 1          1.95  ($2,000 Min)

                  2 - 5          2.5

                  6 - 15       3.25

                  16 - 25     4.0

                  26 - 35     5.0

                  36 - 45     6.5

                  46 - 60     8.5

                  61 - 95     12.5

                  96 - 120   18.5

                  120 +        See Agreement

Need 10 days to fund

Mr. B needs to be inc or llc

3 - 5% deposit by Mr. C

Deed to Lender, in case no B - C closing

See Worksheet For Docs Needed

Transactional Funding # 4

Territory   Nationwide

AMT         20k - $1M

LTV          100%

INT           None

PTS          $20k - $100k            $2k flat

                  $100,001 - $500k   1.80 pts + $395 App Fee

                  $500,001 - $1M       2.25 pts + $395 App Fee

                  $1.1M - $50M          3.25 pts

                  PR of Funds Ltr       $0.00

                  Hard POF (VOD)     .50 pts

                  35 Days                    6 pts

TRM         1 - 60 Days              

PPP          No

100% Funding & No Equity Sharing, JV Like Loan Program

1. Lender will fund 100% of the acquisition cost of the subject property

Loans from $1M to $6M

2. Lender will fund 100% of renovation or rehab work to the subject property

3. Lender will roll into loan up to 12 months loan payments

4. On case by case basis, Lender will roll into loan due diligence fees

5. Lender charges 12% interest only on outstanding loan

6. Lender decides how much profit it will charge borrower
(ie. Purchase is $1M, FMV is $3.5M, Lender charges $500k profit)

7. Lender rolls profit into loan amount
(ie. $1M for purchase + $500k profit = $1.5M loan amount)
($1.5M + 90k payments + due diligence = Loan Total)

8. Lender charges 0 points

9. Loan term is 12 – 18 months

10. No pre payment penalty

11. Upon paying off loan, borrower keeps whatever profit remains

12. The project and exit strategy are weighted more heavily in underwriting

then Borrowers assets or credit.

13. This is a non-recourse loan unless the borrower files bankruptcy or the like.

If the project doesn’t work, the borrower gives the lender a deed in lieu of

foreclosure and walks away.

Private / Hard Money Lender Programs in Chicago

Purchase/Rehab Lender # 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

Purchase/Rehab Lender # 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

Purchase/Rehab Lender # 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

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

Private Lender