Apex Commercial Capital
- Donald Wampler
Managing Director, Equipment Finance
Hard Money Loan | |
| Property Types | Automotive, Daycare, Hotel, Multi Family, Office, Retail, Special-Use, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $25,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10.5% |
| Terms | 25 year |
| Credit Score Min | 500 |
| Updated as of | 2022-01-01 |
| Program Code | LG80 |
Long Term Commercial Loan | |
| Property Types | Automotive, Daycare, Hotel, Multi Family, Office, Retail, Special-Use, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $25,000 |
| Loan amount Maximum | $1,500,000 |
| Terms | 3 year, 5 year, 30 year |
| Credit Score Min | 600 |
| Updated as of | 2023-01-16 |
| Program Code | LG81 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Commercial Loan, Hard Money Loan |
| Property Types | Automotive, Hotel, Mixed use, Mobile Home Park, Motel, Multi Family, Office, Restaurant, Retail, Self-Storage, Warehouse |
| Lendding Area | arizona, california, colorado, connecticut, delaware, florida, georgia, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, mississippi, montana, nebraska, nevada, new-hampshire, new-jersey, new-mexico, oregon, rhode-island, south-carolina, south-dakota, tennessee, texas, utah, washington |
| States Excluded | Alabama, Arkansas, Hawaii, Michigan, Nevada, North Dakota, Vermont, West Virginia |
| Loan amount Minimum | $25,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 6% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 7 |
| Terms | 1 year, 11 years, 15 years, 20 year, 30 Years |
| Credit Score Min | 600 |
| Interest Only or Amortized | Amoritzed |
| Prepayment Penalty | 1 year, 2 year, 3+ years |
| LTV Bridge | 60 |
| Upfront Fees | Other |
| Personal Guarantee /Recourse Required | Recourse |
| Intended Occupancy | Owner, Non-Owner |
FOR PROPERTY OWNERS
APEX is a wholly owned subsidiary of Firstrust Bank. We are a direct lender and we service all of our loans. All you need to do to find out how we can help is give us a call, and we’ll walk you through the process of submitting an application and giving us some information about how you’re planning to use the funds. We know you’re more than a credit score, and we’ll consider all relevant financial information when reviewing your request. You will always speak to an underwriter that makes the decisions and who can answer any questions you might have throughout the process.
We are happy to make loans as low as $25,000 and up to $1.5 million. Properties must be worth at least $75,000 to be considered.
APEX will consider property mortgages 60% to 70% loan-to-value (LTV), depending on the type of property. Final LTV’s and rates are determined by experience of the owner, length of ownership, cash flow, strength of credit, and strength of real estate. APEX will consider both owner occupied and investment properties.
PROPERTY TYPES WE WORK WITH
Apartment Buildings
Mixed-Use Buildings
Retail/Office
Warehouse/Office Buildings
Day Care / Hair Salons / Funeral Homes
Auto
Hotels and Motels
BECOME AN APEX BROKER
Join our Approved Broker program and start providing more commercial mortgages to your small business clients.
BENEFITS INCLUDE:
Streamlined access to our underwriters to consider your deals
Access to free marketing materials, such as handouts and brochures designed to increase your business
An APEX Approved Broker badge for your website, demonstrating your ability to provide lending solutions where others cannot.
Apex Commercial Capital is located in Horsham, PA. They offer financing for Bridge Loans, Hard Money Loans and Commercial Loans. The property type they primarily lend against is Automotive, Multi Family, Office, Retail, Mixed use, Motel, Hotel, Mobile Home Park, Restaurant, Self-Storage and Warehouse. Their minimum loan amount is $25,000. Their maximum loan amount is $1,500,000. They offer loans for a minimum Term of 11-15 years. Maximum duration of 1 year;11 years;15 years;20 year;30 Years. Although rates can change they are typically lending at a minimum rate of 6%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 7.
These descriptions are limited information and meant for general reference purposes.