Lending Criteria

Lending Criteria   First Trust Deeds (“Senior Loans”) on Commercial Real Estate Loan Amounts $1 – $50 million Up to 70% of Cost Nationwide Most Property Types (excluding owner-occupied residential, hotels, unentitled or raw land) Floating Rates of 7.90% – 10.0% Term: 12 – 18 Months with up to Two 6-Month Renewal Options Non-Recourse available […]

Lending Criteria

 

  • First Trust Deeds (“Senior Loans”) on Commercial Real Estate

  • Loan Amounts $1 – $50 million

  • Up to 70% of Cost

  • Nationwide

  • Most Property Types (excluding owner-occupied residential, hotels, unentitled or raw land)

  • Floating Rates of 7.90% – 10.0%

  • Term: 12 – 18 Months with up to Two 6-Month Renewal Options

  • Non-Recourse available for certain loans

  • Quick Close / No Appraisals Required

  • No Prepayment Penalties (30 days of interest is required if early payoff)

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