EBSC Lending
Creative Solutions, Reliable Results.
- Martin Alex
Construction Loan | |
| Property Types | Mixed use, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 9.25% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 5 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year |
| Typical Days Required to Fund | 20-30 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Interest Rate: Starting at 9.39% - Closing Time: 20 Days - Loan Use: Purchase, refinance, cash-out, Construction on Entitled or Shovel Ready Land - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned) |
| Updated as of | 2024-01-04 |
Bridge Loan | |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 9.5% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 5 |
| Terms | 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Max LTC: 90% (exception based) - Interest Rate: Starting at 9.49% - Closing Time: 10 -15 Days - Loan Use: Purchase, refinance, cash-out, construction, renovation - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned) |
| Updated as of | 2024-01-04 |
Bridge Loan | |
| Property Types | Condo, Hotel, Motel, Office, Restaurant, Retail, Self-Storage, Shopping Center, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 8% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 5 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Interest Rate: Starting at 7.99% - Closing Time: 15 Days - Loan Use: Purchase, refinance, cash-out, construction, renovation - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned) |
| Updated as of | 2024-01-04 |
Bridge Loan | |
| Property Types | Condo, Multi Family |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 9.5% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 5 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Interest Rate: Starting at 9.49% - Credit Requirement: No Min FICO - Closing Time: 10 - 15 Days - Loan Use: Purchase, refinance, cash-out, construction, renovation - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned) |
| Updated as of | 2024-01-08 |
Hard Money Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 9.5% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 5 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year |
| Typical Days Required to Fund | 6-10 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Interest Rate: Starting at 9.49% - Closing Time: 5 - 7 Days - Loan Use: Purchase, refinance, cash-out, construction, renovation - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned) |
| Updated as of | 2024-01-08 |
Summary of all Guidelines | |
| Lendding Area | NATIONWIDE |
EBSC-Lending LLC is a fast-growing private lender offering customized lending solutions for real estate investors and developers. Our team has decades of lending experience and we’re here to help you through every stage of your project. We are comprised of experienced, knowledgeable and dedicated professionals with expertise in every area of private and institutional real estate financing. Since its founding in 2021, EBSC Lending has originated more than $1 billion in loans, funded over 136 projects, and lends in all 50 states. We execute consistently, quickly and effectively. We provide investment property loans when you need them. We have earned a reputation within the industry for our integrity, creativity, and discipline.
EBSC Lending LLC is a premier financial partner with extensive expertise in investment solutions. With a strong track record, we offer asset-based lending for both commercial and residential real estate projects. Count on us to provide tailored financial support for your ventures and investment aspirations. We provide customized lending solutions for real estate investors and developers. We offer an unmatched combination of agility, reliability, fiduciary rigor & personal touch. EBSC Lending LLC Provides Creative And Efficient Real Estate And Asset Lending, Nationwide.
EBSC Lending is located in Irvine, CA.
These descriptions are limited information and meant for general reference purposes.
18575 Jamboree Rd.
Irvine,
CA
92612
DISCLAIMER: This Exhibit is a non-binding outline of the basic terms under which Elite Business Service, LLC (dba EBSC Lending typically offers loans to real estate investors. This outline provides the basis for which a formal loan agreement and associated documents may be prepared but it is not an offer or commitment to lend funds. The actual terms presented to a prospective borrower, if any, may be different than those reflected on this Exhibit and can only be presented after understanding the specific needs of each individual borrower. The terms of any offer and/or agreement to lend must be in writing and may only be presented in the form of a Conditional Loan Commitment Letter. Verbal statements are not an offer or a promise of any kind. Prospective borrowers are advised to review this outline closely and to consult with their own counsel prior to entering into any agreement with Elite Business Service, LLC. Some products may not be available in all states and restrictions may apply. © 2024 Elite Business Service, LLC. All Rights Reserved. Elite Business Service, LLC provides equity based lending to investors, brokers, corporations and sub-prime money borrowers who do not meet conventional lender requirements. Elite Business Service, LLC.
