Lending Parameters

 

 

Rates start at 10.00% Click Rate Sheet.
Lending area: Texas
Property types: Commercial & investment real estate, including raw land
Loan structure: First mortgage
Loan sizes: $500,000 to $10,000,000
Loan term: Up to 2 years
Loan-to-value: Up to 90% LTV
No amortization: Interest-only monthly payments. Option to capitalize interest may apply.
Basic conditions to close: Title commitment, survey, entity docs, appraisal
Income documentation: State income and provide personal financial statement.
Prepayment penalty: No prepayment penalty nor obscure exit fee
Use of proceeds:
Business use only