Current Product Offerings
10yr ARM Balloon 30 Year Amortization
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Loan Size 500K to 25M
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Max LTV 75%
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DSCR 120x
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Min FICO of
Corp. sponsor 650
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Interest Rate 4.25 - 4.75
(Can change due to market conditions)
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Amortization 360 Months
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Non-Recourse
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No seasoning
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Full Appraisal
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Yield Maintenance 114 Months
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Origination Fee 1 point
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Funding Fee 1 point
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Processing $150 per asset
5yr ARM Balloon 30 Year Amortization
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Loan Size 500K to 25M
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Max LTV 75%
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DSCR 120x
​
Min FICO of
Corp. sponsor 650
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Interest Rate 4.25 - 4.75
(Can change due to market conditions)
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Amortization 360 Months
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Non-Recourse
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No seasoning
​
Full Appraisal
​
Yield Maintenance 54 Months
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Origination Fee 1 point
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Funding Fee 1 point
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Processing $150 per asset
Line of Credit - 1 Year Interest only
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Loan size 500K to 25M
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Maximum Advance Rates
With Rehab No Rehab
Initial LTC Max 80% 80%
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Initial LTV Max 75% 75%
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Rehab - Total LTC 75% X
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Rehab - Total ARV
LTV 65% X
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Rehab - Reno Limit
(% of Acq Cost) 75% X
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Fees
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Interest Rate 6.75/7% 6.75%
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Origination Fee 1% 1%
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Advance Fee 1% 1%
(paid at close)
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Processing Fee $150 per asset
No Exit fee
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Timing 12 Mo.Adv Period 12Mo Adv Per
12Mo Repay Per 12Mo Repay Per
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Recourse N N
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Revolving Y Y
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Max Adv. 50% of Line Size 50% of Line Size
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Min Liq. 10% of Line Size 10% Line size
(Max Line size 10 multiple to liquidity)
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