TYPES OF LOANS
Orecemos créditos a clientes que requieren
We offer fast asset-based loans to borrowers who can’t qualify for a bank loan or who simply need capital fast. All loans are secured by commercial, multi-family or residential properties. Hard Money financing provides funding for opportunistic acquisitions, quick refinancing, foreclosure retrievals, and other time-sensitive or unusual circumstances. This type of financing is almost exclusively originated by private money funds, and moves very quickly
TERMS AND RATES
Loan Amount:
$ 200,000 – $ 15,000,000
Loan Term:
6 to 36 months
Estimated Closing Time:
1 a 10 días hábiles.
Intereste Rates:
Between 7,5% and 12%
Financial Rate:
Until 70%
Loan to Value:
Until 85%
Amortization:
Interest only
Collateral Guarantee:
Firts mortgage.
PURCHASES
Acquisitions:
- Land
- Residential properties
- Commercial properties / industrial
- Office builings
- Multifamily
REFINANCING
Refinancing:
- Land
- Residential properties
- Commercial properties / industrial
- Office buildings
- Multifamily
CASH OUT REFINANCE
- Residential properties
- Commercial properties / industrial
- Office buildings
- Multifamily
BRIDGE LOANS
- Residential properties
- Commercial properties / industrial
- Office building
- Multifamily
CONSTRUCCION LOAN
- Land
- Residential properties
- Commercial properties / industrial
- Office Buildings
- Multifamily
RENOVATIONS
- Residential properties
- Commercial properties / industrial
- Office buildings
- Multifamily
LOANS FOR RENEWALS AND FUTURE SALES
- Residential properties
- Commercial properties / industrial
- Office Buildings
- Multifamily
REAL ESTATE AUCTION
- Residential properties
- Commercial properties / industrial
- Office buildings
- Multifamily
WORKING CAPITAL LINES OF CREDIT
Based on your total annual revenue, accounts receivable and inventory with a low prime rate of 1 % to 3 %.