Lending Parameters



Rates start at 9.50% Click Rate Sheet.
Lending area: Texas
Property types: Commercial & investment real estate, including raw land
Loan structure: First mortgage
Loan size: $100,000 – $5,000,000 (Construction loans – $500,000 minimum)
Loan term: Up to 3 years (12-month term with two 12-month extension options)
Loan-to-value: Up to 80% LTV (Deal specific)
No amortization: Interest-only monthly payments. Option to capitalize interest may apply
Basic conditions to close: Title commitment, survey, entity docs, appraisal
Documentation: State income; provide financial statement
Prepayment penalty: No prepayment penalty nor obscure exit fee
Use of proceeds:
Business use only