Hard Money Loan
- LG495
- LG495
Summary of all Guidelines | |
| Loan Types | Hard Money Loan |
| Property Types | Hotel, Industrial, Medical Office, Mixed use, Mobile Home Park, Motel, Multi Family, Retail, Self-Storage |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $2,000,000 |
| Loan amount Maximum | $20,000,000 |
| Interest Rate Maximum | 10.75% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Typical Days Required to Fund | 31-40 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Fixed or Adjustable | Adjustable |
| Recourse | Non Recourse |
| Updated as of | 2024-04-11 |
| Program Code | LG495 |
These descriptions are limited information and meant for general reference purposes.
