Monday, October 10, 2011

Private Lending: Assisted Living Facilities, Senior Care Centers, Rest Homes

Loan Program # 1

TRTY       Nationwide
AMNT      $300k - No Max
LTV          70% LTC
INT           12 - 15%  (12% in above states)
PTS          5
TRM         12 – 36   months
PPP          None


Loan Program # 2

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


Loan Program # 3

TRTY       Nationwide
AMNT      $500k - $20M  (East Coast)
                  $1M - $20M     (Outside East Coast)
LTV          65%
INT           10 - 14%
PTS          2 - 4
TRM         12 - 36 months
PPP          No


Loan Program # 4

TRTY       Nationwide
AMNT      $1M - $50M
LTV          70%
INT           6.75 - 10.75
PTS          2
TRM         1-5 / 15, 30 or IO
PPP          Borrower choice



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