Private Lending: Apartments, Multi Family, Multi Familly Complexes

Program # 1

TRTY    Nationwide
AMNT    $500k – $100M
LTV       65% as is or purchase – Residential
INT       10 – 14%
PTS       3 – 5
TRM      1 – 15 years
PPP       None

Commercial Construction up to $50M


Program # 2

Territory    Nationwide
AMNT        $100k – $2M
LTV           65%
INT           10 – 15%
PTS          3 – 6
TRM         12 – 36 months
PPP          None
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


Program # 3

Territory    Nationwide
AMNT        $3M – $100M (Hotels $500k – $15M)
                                       (Small Commercial $250k – $5M, 65%)
LTV           75%
INT           12 – 15
PTS           2 – 6
TRM          12 – 36 months
PPP           None

Hospitality, Major Flags Only (to 70% purchase, 65% LTC for Construction)
Apartments
Commercial
Permanent, Mezzanine, Bridge


Program # 4

Territory    National
Amount     $25k – $2M
LTV           65%
INT            10 – 14%
PTS           3 – 6
TRM          6 – 24 months
PPP           No
Credit        No score requirements

1 – 4 Unit Buildings in CA Only

Purchase/Rehab : 60% of purchase and 60% of rehab, will roll in pts and cl costs
100k purch + 20k rehab = $120k / Will loan $60k + 12k = $72
Bridge Loan : 60% As Is, 5 pts, 13% , term 24 months

No Ownership Seasoning on Refinancing, off Current FMV

Loans from $100k to $3M
Full Doc Commercial Lending
Apartments, Strip Malls, etc
Bridge Financing
$100k to $50M

Stated and Full Doc to 65% LTV
DSCR may not be relevant in some cases

Documents
2 years P & L
2 years tax returns
Rent roll
Proof of funds
1003
Business Financial Statement
Personal Financial Statement
Appraisal (if have)
Color Photos
Credit Report


Program # 5

TRTY       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

Will not lend on 1 – 4 unit apartment buildings

Multifamily, Apartments, Mixed Use, Office, Retail, Warehouse,
Industrial, Shopping/Stip Centers, Storage, ALF, Mobile Home Park,
Auto Repair, Restaurant, Daycare, Funeral Home, Gentleman’s Club,
Gas Stattion, Motel, Church, B & B, Golf Course, Dary Care, Other