Hard Money Apartment Lending
Hard Money Loan Rates and Terms
- Loan Amount Nationwide*: $1,000,000 to 20 Million+
- Nationwide Hard Money: $200,000 to $20 Million+
- Interest Rates depending on equity: 8% to 13%
- Terms of 1, 2, 3 and 5 yrs
- Up to 70% ltv (75%+ on loans $2MM+)
- Most hard money loans are recourse
- ALLD345
Other Programs available (CA Only).
- Loan amounts from $50,000.oo to $2 Million in 1st position.
- 2nd Position loans from $100,000.00 to $500,000.00 up to under 50% CLTV for 12 - 24 months.
- Foreclosure/NOD, Bankruptcy, Bad Credit - Okay.
- Purchase Money and Refinance Transactions.
- FICO problem - Okay.
- SISA, SIVA, and No Doc available on NOO and Investment Properties.
- Probate Loans - Okay.
- Rehab and Construction loans, case-by-case.
- Property Inspection in lieu of Appraisal Reports, case-by-case.
- Corporations, LLC's, and Trusts - Okay.
- SFR and 1-4 Units up to 60% LTV. 12 Months to 10 Year Programs available.
- Industrial up to 50% LTV Interest Only, terms vary up to 5 years.
- Commercial up to 50% LTV Interest Only. 3 Months to 20 Years Loan Terms.
- Apartment Building Loans up to 65% LTV. Interest Only or Fully Amortized up to 5 years.
- Mix Used properties up to 60% LTV. Interest Only or Fully Amortized up to 5 years.
- Industrial Properties up to 50% LTV. Interest Only or Fully Amortized up to 5 years.
- PBF0032