Avatar Financial Group

Hard Money Loan Commercial Hard Money Loan
Property Types	Hotel, Industrial, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Warehouse
Lendding Area	NATIONWIDE
Loan amount Minimum	$1,000,000
Loan amount Maximum	$35,000,000
Interest Rate Minimum	11%
Interest Rate Maximum	13%
Points Minimum 1st TD	2
Points Maximum 1st TD	3
Terms	6 month, 9 months, 1 year, 18 month, 2 year
Credit Score Min	650
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	- Interest Rate: 10.99% - 12.99% - Timing: 2-3 week closings. - Yield Maintenance: Negotiable. - Recourse: Typically Required. - Acceptable Markets: Nationwide (excluding NV) in urban/suburban markets with population of 50,000+.
Updated as of	2023-10-20
Program Code	LG297

Summary of all Guidelines
Loan Types	Hard Money Loan, Rehab Loan
Property Types	Hotel, Industrial, Land Entitled, Mixed use, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Warehouse
Lendding Area	NATIONWIDE
States Excluded	New York
Loan amount Minimum	$1,000,000
Loan amount Maximum	$100,000,000
Interest Rate Minimum	11%
Points Minimum 1st TD	2
Points Maximum 1st TD	3
Terms	2 years
Credit Score Min	650
LTV Bridge	65

Avatar Financial Group LLC (Avatar) is a leading lender in hard money bridge loans, offering flexible solutions for nonconforming, income-producing real estate.

Avatar Financial Group is located in Seattle, WA. They offer financing for Hard Money Loans and Rehab Loans. The property type they primarily lend against is Hotel, Industrial, Land Entitled, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Warehouse and Mixed use. Their minimum loan amount is $1,000,000. Their maximum loan amount is $100,000,000. Maximum duration of 2 years. Although rates can change they are typically lending at a minimum rate of 11%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 3.

These descriptions are limited information and meant for general reference purposes.