Bridge Loan
Short-Term Commercial Bridge Loan |
| Property Types | Industrial, Multi Family, Self-Storage, SFR |
| Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $3,000,000 |
| Terms | 9 months, 1 year, 18 month, 2 year |
| Credit Score Min | 650 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Borrower experience required.
- 12 to 24 months for multifamily and industrial properties.
- 9 to 18 months for self-storage. |
| Updated as of | 2023-10-24 |
Rehab Loan
Residential Short-Term Fix & Flip Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $600,000 |
| Interest Rate Minimum | 11% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 6 month, 9 months |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Up to 90% of the purchase price.
- 10.99% Interest Rate |
| Updated as of | 2023-10-24 |
Long Term Rental Loan
DSCR |
| Property Types | 2-4 Units, SFR |
| Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $600,000 |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Updated as of | 2023-10-24 |
Long Term Commercial Loan
New Construction Single Family |
| Property Types | Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Industrial, Manufactured Home, Medical Office, Mixed use, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Shopping Center, Special-Use, Strip Center, Warehouse |
| Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 10% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 1 year, 18 month, 2 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Updated as of | 2023-09-11 |
Construction Loan
New Construction Short-Term 1-4 Unit Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $600,000 |
| Interest Rate Minimum | 12% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 6 month, 9 months, 1 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - We fund 50% of the land purchase. |
| Updated as of | 2023-10-24 |
Bridge Loan
New Construction Single Family |
| Property Types | Multi Family |
| Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $250,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 7% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 1 year, 18 month, 2 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Updated as of | 2023-09-11 |
Summary of all Guidelines |
| Loan Types | Bridge Loan, Commercial Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan |
| Property Types | Multi Family, SFR |
| Lendding Area | florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $30,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 4 |
| Terms | 18 months |
| Interest Only or Amortized | Interest Only |
| Prepayment Penalty | None |
| LTV Bridge | 60 |
| Upfront Fees | Appraisal, Environmental, Loan Documents, Processing |
| Personal Guarantee /Recourse Required | Recourse |
| Intended Occupancy | Non-Owner |
Carolina Capital Management is a hard money lender serving the needs of the real estate investor and the small builder borrower who is striving to build wealth and generate income for themselves and their families. We offer hard money rehab loans and ground-up construction loans for investors only in NC, SC, GA, VA, TN, FL and now TX. We also serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions.
People and Principles ahead of Profit
All our hard money loan transactions are made ethically and morally. As a hard money lender, we understand the best way to serve our customers is to walk in their shoes. As real estate investors, we understand the goals and needs of our customers. We are proud members of the American Association of Private Lenders.
Carolina Capital Management, LLC is located in Rock Hill, SC. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, Commercial Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is SFR and Multi Family. Their minimum loan amount is $50,000. Their maximum loan amount is $30,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 18 months. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 3. Maximum points charged are 4.
These descriptions are limited information and meant for general reference purposes.
