Asset Based Lending

We offer asset-based loans for the acquisition, construction, and refinancing of residential and mixed-use properties. 

 

CONSTRUCTION PRODUCT 

85%-90% LTC

Term: 12M IO

Size: $100K-$20M

Rate: 10%-15% + 0-2 points

PPP: None

No tax returns required

 

RENTAL PRODUCT

70%-80% LTV

Term: 30Y Fixed

Size: $100K-$5M 

Rate: 6%-9% + 0-2 points 

PPP: 0-5Y Stepdown

No tax returns required

 

MARKETS

We lend in the following states: Alabama, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, Washington DC, and Wisconsin.