Asset Based Lending
We offer asset-based loans for the acquisition, construction, and refinancing of residential properties.
CONSTRUCTION PRODUCT
Term: 12-18M IO
Leverage: 85%-92.5% LTC
Size: $100K-$50M
Rate: 9%-12%
PPP: None
No tax returns required
RENTAL PRODUCT
Term: 30Y Fixed
Leverage: 70%-80% LTV
Size: $100K-$5M
Rate: 7%-9%
PPP: 0-5Y
No tax returns required