Loan Summary
6.25 - 9.0% I.O.
No Prepayment Penalty
up to 10 yr term
4 pt charged
Down payment of 3% (can be borrowed from independent investor)
Reserve can be added into loan.
Non Recourse
100% Financing with second investor loan
Up front deposit of $30,000 put in escrow upon term sheet being issued which is refunded when the loan is funded or denied.
REFERENCES AVAILABLE
Projects lender also likes are the following:
Construction Commercial, Developments, Golf Courses, Hotels, Green, Energy, Movies
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