Tuesday, January 25, 2011

Blanket Mortgages, Commerical And Bulk Residential REO

Loan Program # 1

Territory   Nationwide Blanket Mortgages  (DF Lending Div)
Amount    $250k - no max
LTV          70% LTC
INT           13%
PTS          4
TRM         5 year interest only
PPP          No
CRDT      Exit Strategy Needed


Loan Program # 2

Asset Based
Amount    $100 - $2.5M
LTV          60% purchase or as is
INT           start 12%
PTS          3
TRM         1 – 5 years
PPP          1 – 5 years
CRDT      None


Loan Program # 3

Territory   Nationwide & International
Amount    $100k - $34M
LTV          65 - 80%
INT           10 - 16%
PTS          3 - 6
TRM         12 - 36 months
PPP          None
CRDT      Need Exit Strategy


Loan Program # 4

TRTY       Nationwide
AMNT      $1M - $50M
LTV          65% ARV
INT           12 - 14%
PTS          6 -9
TRM         6 - 12 months
PPP          None

Bridge Loans, Commercial and N/O/O Residential On ARV

True Hard Money.  Multi Family, Office, Strip Malls, Etc
Residential, must be a minimum of 5 houses
Can roll in interest payment reserve for period of loan

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