Friday, October 22, 2010

Bridge Loans

Loan Program # 1

Bridge / Hard Money Loans / SBA
Territory   Nationwide
AMNT      $100k - $2M
LTV          65%
INT           10 - 15%
PTS          3 - 6
TRM         12 - 36 months
CRDT      Not FICO driven

Trophy Homes: AZ, CA, CO, FL, ID, HI, NV, NY, OR, UT, WA
Construction / Construction Completion $1M and up, SE & SW $200k and up
Purchase, $500k @ 80% and under at 65%


Loan Program # 2

Territory   Nationwide, Not in MI, OH
Amount    $300k - $3M
LTV          50 - 75%
INT           13 - 15%
PTS          3 - 6
TRM         12 months
PPP          No


Loan Program # 3

TRTY       AL, DC, FL, GA, MD, NC, PA, SC, VA
AMNT      $1M - $20M 
LTV          70% Commercial       60%  Land Development    50% Raw Land
INT           9 - 18%
PTS          2 - 6
TRM         12 - 36 months
PPP          None

Private Portfolio Lender
Commercial Property
Blanket Loans

Bridge / Rehab Loans
Multi Family Only
Up to 75% LTC  (purchase + rehab)
18 - 24 months
DSCR 1.0


Loan Program # 4

TRTY       Nationwide
AMNT      $500k - $25M
LTV          Up to 90%
INT           7.5% - 14%
PTS          2 - 6
TRM         12 – 36 months
PPP          None

Business Lines of Credit, Mezzanine, Note Purchase, REO Purchase
Construction - All Types


Loan Program # 5

Direct Commercial Private Lender
Broker Other loans
Purchase up to 90% LTV

TRTY       Nationwide
AMNT      $500k - $25M
LTV          65 - 80%
INT           10 - 15%
PTS          3 - 5
TRM         1 - 5 years


Loan Program # 6

Private Direct Lender

Commercial Lending                                                  Bridge Lending
TRTY       Nationwide                                                  Nationwide
AMNT      $1M - 6M                                                      $1M - 40M
LTV          65 - 75%                                                      50 - 70%
INT           Prime + 1 - 2                                                12 - 16%
PTS          2 – 4                                                               3 - 5
TRM         5  / 20 - 25 amortization                            24 - 36 months
PPP

Also does Venture Capital


Loan Program # 7

TRTY       Nationwide
AMNT      $1M - $500M
LTV          Up to 80%
INT           4 - 7%
PTS          1 - 3.5
TRM         5 / 25 and up
PPP          None to Usual
DSCR      1.25 and up


Loan Program # 8

TRTY       East Coast
AMNT      $100k - $1M
LTV          80 - 90% (and up to 100% for rehab)
INT           12 – 14%
PTS          2 - 4
TRM         3 months to 30 years
PPP          None
CRDT      Need credit report, but may not be relevant


Loan Program # 9

Territory   Nationwide
Amount    $2M - $50M
LTV          75%
INT           10 - 14%
PTS          1 - 4
TRM         12 - 24 months
PPP          No

Any type of commercial property, commercial rehab, commercial construction
Warehouse                                                  Bankruptcy Reorganization
Residential Development                         Hotel Purchase
Construction Office, Retail, Etc                Condo Development
Refinance Rehab                                       Auto Dealership Refinance

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