FORBIX
- Valerie Hapner
Commercial Loan Officer
Second Mortgage | |
| Property Types | Gas Station, Industrial, Mixed use, Multi Family, Retail |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $30,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 12.25% |
| Terms | 18 month |
| Credit Score Min | 650 |
| Fees | Legal Review |
| Lien Position | 1st, 2nd |
| Prepayment Penalty | 6 months |
| Intended Occupancy | Tenant, Owner Occupied Business Purpose |
| Recourse | Non Recourse |
| Reserve Requirement | 10% of loan amount |
| Updated as of | 2024-02-20 |
Long Term Commercial Loan | |
| Property Types | Multi Family |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $4,000,000 |
| Loan amount Maximum | $150,000,000 |
| Terms | 35 year |
| Credit Score Min | 620 |
| Interest Only or Amortized | Amortized |
| Recourse | Non Recourse |
| Updated as of | 2024-02-20 |
Summary of all Guidelines | |
| Loan Types | Commercial Loan, Second Mortgage |
| Property Types | Gas Station, Mixed use, Multi Family, Retail |
| Lendding Area | arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 12% |
| Terms | 1.5 years |
| Interest Only or Amortized | Interest Only, Amoritzed |
| Prepayment Penalty | 6 months |
| ARV Rehab & Construction | 75 |
| Personal Guarantee /Recourse Required | Personal Guarantee Not Required / Non-Recourse |
| Intended Occupancy | Owner |
From the first-time home buyer to the experienced developer and seasoned investor, FORBIX will always have your current and future needs covered—borrowing, refinancing, recapitalizing, consolidation, ROI and more.
Your vision isn’t one-dimensional and that’s why we do more than just focus on fundamentals.
We’re your real estate partner for life—our clients ARE family.
Our unique ability enables us to advise clients as a lender and investor.
We can provide alternative ways to finance properties and streamline documentation.
We can help more people qualify for loans compared to conventional lenders.
We help our clients maximize returns in their real estate portfolios and offer the full capital stack for borrowers.
FORBIX is located in Calabasas, CA. They offer financing for Commercial Loans and Second Mortgages. The property type they primarily lend against is Multi Family, Retail, Mixed use and Gas Station. Their minimum loan amount is $1,000,000. Their maximum loan amount is $1,500,000. They offer loans for a minimum Term of 1 year. Maximum duration of 1.5 years. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 12%.
These descriptions are limited information and meant for general reference purposes.