Showing posts with label Blanket Mortgages. Show all posts
Showing posts with label Blanket Mortgages. Show all posts

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