Real Estate

Commercial Properties

Financing for Business Real Estate

Commercial real estate encompasses properties used for business activities. These can include:

  • Hospitals
  • Assembly plants
  • Storage warehouses
  • Shopping centers
  • Office spaces
  • Gas stations
  • RV parks
  • And any other location serving a business enterprise.

Loan Details:

  • Loan Amount:Funding ranges from $300,000 to $100 million.
  • Loan Terms:Choose a term from 12 months to 30 years.
  • Minimum Credit Score:A credit score of at least 650 is typically required.
  • Loan-to-Value (LTV): Up to 70% LTV for purchase.
    Up to 65% LTV for Cash-out Refinance.

Required Documents:

Submit the following documents:

  • Application
  • Two months’ bank statement
  • Corporate Entity Documents
  • Real estate track record
  • Rent roll
  • Operating statement

APPLY  

Construction Loans

Financing for Building Projects

  • Definition: A construction loan is a short-term financing option specifically designed to cover the costs associated with building a custom home or developing commercial property.
    Unlike a traditional mortgage, a construction loan focuses solely on the construction phase.

Loan Details:

  • Loan Amount:Funding ranges from $100,000 to $500 million.
  • Loan Duration:Typically 12 to 24 months, often with interest-only payments during this period.
  • Minimum Credit Score:To qualify, you’ll generally need a minimum credit score of 650 or higher.
  • Loan-to-Cost (LTC):Up to 80% LTC, depending on the lender and project specifics.

Required Documents:

  • Gather the following documents:Executive summary
    Construction budget
    Existing appraisal, environmental, and survey reports
    Personal Financial Statement for all principals
    Corporate Entity Documents
    Real estate track record



    APPLY  
1-4 Unit Investment Properties Loans

Financing for Real Estate Investors

  • Definition:
    These loans cater to new and experienced real estate investors seeking long-term rental financing for properties such as:Single-Family Residences (SFR)
    Townhouses
    Planned Development Units (PDU)
    Condos nationwide.

Loan Details:

  • Loan Amount:Funding ranges from $75,000 to $5 million.
  • Credit Score Requirement:A minimum credit score of 650 is typically necessary.
  • Loan Term:Enjoy a 30-year term for long-term planning.
  • Loan-to-Value (LTV):Up to 80% LTV for purchase.
    Up to 75% LTV for cash-out refinancing.
  • Income Verification:No personal income checks are required.
  • Foreign Nationals Eligible:Investors from other countries are welcome.
  • Purchase Options:You can purchase under an LLC or personal name, based on state regulations.
  • Interest Rate:The rate starts at 7.25%.

Required Documents:

  • Gather the following documents:Application
    Corporate Entity Documents
    Two months’ Bank Statement
    Real estate experience track record

APPLY  

Multi- Family Properties Loans

Financing for 5+ Unit Apartments

  • Definition: Multi-family 5 or more units nationwide.

Loan Details:

  • Loan Amount: Funding: Funding ranges from $300,000 to $50 million.
  • Loan Terms: Choose a term from 12 months to 30 years.
  • Minimum Property Value: Each unit should have a minimum property value of $35,000 per door.
  • Minimum Credit Score:To qualify, you’ll generally need a minimum credit score of 650 or higher.
  • Loan-to-Value (LTV):Up to 70% LTV for purchase.
    Up to 65% LTV for cash-out refinancing.

Required Documents:

  • Gather the following documents: Application
    Two months’ bank statement
    Corporate Entity Documents
    Real estate track record
    Rent roll
    Operating statement

Apply  

Mixed Use Properties

This loan is intended for new and experienced real estate investors seeking funding for Mixed-use properties. Mixed Use properties refer to properties intentionally used for a variety of purposes, including commercial, residential, retail, office, or parking space. For instance, if you had an apartment complex, retail stores, and businesses located within the same area, this would be a mixed-use property.

  • Loan amount $300K to $50M
  • 12 months to 30 years
  • Min property value: $35K per door
  • Square footage for commercial and residential spaces
  • Min credit score 650
  • Up to 70% LTV for purchase
  • Up to 65% LTV for  Cash-out Refinance
  • Document needed: Application; Two months' bank statement; Corporate Entity Documents; Real estate track record; Rent roll; and Operating statement

Apply  

Fix And Flip / Hold Loans For Investors

  • Definition: These short-term loans are intended for both new and experienced real estate investors.
    Ideal for funding property renovations (fix & flip) or long-term rental investments (hold strategy).

Loan Details:

  • Loan Amount: Funding ranges from $75,000 to $10 million.
  • Loan Duration: Typically 12 to 18 months.
  • Minimum Credit Score: A credit score of at least 650 is generally required.
  • Loan-to-Value (LTV):Up to 85% of the purchase price.
    Plus 100% of renovation costs, not exceeding 75% of the After Repair Value.
  • Eligible Property Types:1-4 units (non-owner occupied)
    Condos
    Townhouses
    Multifamily properties
    Mixed-use properties

Required Documents:

  • Gather the following documents: 

Required documents for your real estate financing application:

  • Application
  • Two months’ bank statement
  • Corporate entity documents
  • Rehab budget
  • Previous real estate experience
  • Photo ID (Driver's license)


Apply   

Land Purchase Loan: Financing for Land Acquisition

  • Definition: A land loan (also known as a lot loan) is used to finance the purchase of a plot of land.

    Ideal for buying land to: Build a home
    Utilize for business purposes

Loan Details:

  • Loan Amount:Funding available from $100,000 and up.
  • Loan Duration:Typically a 12-month bridge loan.
  • Minimum Credit Score:A credit score of at least 650 is generally required.
  • Loan-to-Value (LTV):Up to 50% LTV for raw land.
    Up to 75% LTV for developed land.

Required Documents:

Gather the following documents: 

 

Application

  • Two months’ bank statement
  • Corporate entity documents
  • Rehab budget
  • Previous real estate experience
  • ID

APPLY