Loan Program # 1
Territory MA Only
Amount $50k - $5M
LTV 70%
INT 12 - 16%
PTS 2 - 3
TRM 3 - 36 months
Purchase/Rehab (Except in Springfield
Commercial Properties Only
Land development, construction, renovation
Loan Program # 2
Amount $100k - $4M
LTV Up to 90% (Sometimes from ARV)
75% LTC (purchase + rehab) Standard
INT 15 - 18%
PTS 4
TRM 12 - 24 months
PPP No
CRDT 620
Borrower needs experience, deal or two in last year
Needs to show money in bank to pay for down payment and carrying costs
Properties include 1 - 4 unit N/O/O, Mixed Use
New Construction: NY, NJ, CT
Loan Program # 3
Territory Nationwide, MA (Including SPFLD , MA
AMNT $50k - 2.5M
LTV Up to 80%
INT 12 - 18
PTS 2 - 6
TRM 12 - 36 months
PPP None
CRDT Credit Used To Determine Loan Program
Loan Program # 4
Commercial Property Purchase & Refinance
Development and Construction
Bank Workouts, BK & Foreclosure, Bridge
Mezzanine, DIP, Heavy Equipment,
No Income/No Asset, No Seasoning Ownership
Territory MA, ME, NH
Amount $100k - no max (Springfield
LTV 60 - 65%
INT 16%
PTS 4
TRM 12 - 36 months
PPP 4 / 3 / 2 or 3 / 2 / 1
Will do construction, Worcester County East
With cross collateral will give higher LTV
