Program # 1
AMNT $50k - $1.5M
LTV 60% 80%
INT 12.5 18%
PTS 3 - 5
TRM 6 - 12 months
2 - 5 years
PPP None
Program # 2
Territory Southern Florida Only
Amount $75k - no max
LTV 70% ARV (75% case by case)
INT 10% and up
PTS 3 - 5
TRM 6 - 12
PPP No
Credit 600
No appraisal for property under $250k
Points may be paid when sell property (2 points paid at closing)
Commercial Hard Money Nationwide
Program # 3
Territory Florida , Southeast Only
Amount $100k - $5M
LTV 65% General, 60% Light Industry, 50% Land
INT 12.5% O/O & 13% N/O/O
PTS 3
TRM 12 - 60
PPP 1 / 0 2 / 1 3 / 2 5 / 3
Asset Based
Amount $100 - $2.5M
LTV 60% purchase or as is
INT start 12%
PTS 3
TRM See above
PPP See above
CRDT None
Docs : 1003, Credit, Photos, Business Plan or Exec Summary, Comps or Appraisal (if have)
Program # 4
Commercial Lending
Territory Nationwide (Prefer Western States)
AMNT $50k - $10M
LTV 65 - 75% Commercial Property
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
Program # 5
Amount $50k - $4M
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
Rehab, NOT IN FLORIDA NOW 4/5/10
NY Full Doc, Florida semi full doc
50 - 60% ARV
Rates start at 11 -12%
$1500 inspection fee
2 - 3 points
Loan Amount $50k - $4M (Min $100k in Florida )
All property types including 1 - 4 Unit, NOO, 2nd homes, Mixed Use
Commercial, Renovation Loans, Construction, Bridge, Developments, Spec Houses
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