Grand Pacific Financial Corp

Construction Loan
Property Types	2-4 Units, Multi Family, SFR
Lendding Area	california, texas, washington
Loan amount Minimum	$1,000,000
Loan amount Maximum	$8,500,000
Interest Rate Minimum	4%
Terms	6 month, 9 months, 1 year, 18 month, 2 year
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	- Interest Rate: Minimum 3.99% over WSJ Prime. - Maximum LTV: 80% based on Completion Value. - Maximum LTC: 80% based on Total Project Cost. - Repayment: Interest Only (IO) - Lender Loan Fee: Varies - DSCR: Interest Reserve Available - Funding may including: Land Draw, Hard & Soft Construction Cost, Interest Reserve.
Updated as of	2023-10-16
Program Code	LG288

Bridge Loan
Property Types	2-4 Units, Industrial, Mixed use, Multi Family, Office, Retail, SFR, Special-Use, Strip Center, Warehouse
Lendding Area	california, colorado, texas, washington
Loan amount Minimum	$1,000,000
Loan amount Maximum	$20,000,000
Interest Rate Minimum	3%
Terms	6 month, 9 months, 1 year, 18 month, 2 year
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	First Mortgage Bridge Loans on Commercial Real Estate Including: - Short Sales - Distressed and REO acquisitions - Recapitalizations - Transitional (renovation and lease up) properties - Interest Rate: Minimum 2.99% over WSJ Prime. - Maximum LTV: Residential – 80% can base on Stabilized Value/Proforma Value/After-Repair Value (ARV); Commercial- 75% can base on Stabilized Value/Proforma Value/After-Repair Value (ARV). - Maximum LTC: 80% based on Total Project Cost. - Repayment: Interest Only (IO). - Lender Loan Fee: Varies - DSCR: Interest Reserve Available. - Funding may including: Purchase Cost, Refinance Cost, Rehab Cost, Interest Reserve, Tenant Improvement, Cash-Out.
Updated as of	2023-10-16
Program Code	LG287

Bridge Loan Speedy Residential Investment Loan
Property Types	2-4 Units, Multi Family, SFR
Lendding Area	california
Loan amount Minimum	$750,000
Loan amount Maximum	$3,500,000
Interest Rate Minimum	3.75%
Terms	1 year, 18 month
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	- Interest Rate: Minimum 3.75% over WSJ Prime. - Maximum LTV: 70% As-Is Value. - Lender Loan Fee: Varies. - DSCR: Interest Reserve Available. - Non-Recourse: possible for qualifying transactions. - Funding may including: Purchase Cost, Refinance. - Cost, Interest Reserve, Cash-Out.
Updated as of	2023-10-17
Program Code	LG290

Bridge Loan Extended Bridge Loan
Property Types	2-4 Units, Industrial, Mixed use, Multi Family, Office, Retail, SFR, Special-Use, Warehouse
Lendding Area	california
Loan amount Minimum	$1,000,000
Loan amount Maximum	$8,000,000
Interest Rate Minimum	3%
Terms	6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year
Lien Position	1st
General Pricing or Guideline info	- Interest Rate: Minimum 2.75% over WSJ Prime (Limited Time Offer). - Maximum LTV: Income Property – 75% House/Condo/Apartment – 80% Special Purpose (refinance) – 70% Special Purpose (purchase) – 75% - Repayment: P+I based on a 25-year amortization schedule. - Lender Loan Fee: Varies. - DSCR: Minimum 1.0x may consider exception.
Updated as of	2023-10-17
Program Code	LG289

Bridge Loan Asset-Based Loan
Property Types	2-4 Units, Industrial, Mixed use, Multi Family, Office, Retail, SFR, Warehouse
Lendding Area	california
Loan amount Minimum	$1,000,000
Loan amount Maximum	$5,000,000
Interest Rate Minimum	3%
Terms	6 month, 9 months, 1 year
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	- Ideal for financing cash out on equity or quick-closing scenarios. - Loan Purpose: Purchase, Refinance, and Cash Out. - Up to 70% LTV on residential properties and up to 65% LTV on commercial properties. - Focuses on the strength of the subject property for quicker closing times. - Possible closing in as quickly as 5-10 business days in some cases. - Suitable for financing non-performing properties. - Options available for DSCR (Debt Service Coverage Ratio) under 1.0X. - Interest Rate: Minimum 2.99% over WSJ Prime (Limited Time Offer). - Lender Loan Fee: Varies.
Updated as of	2023-10-17
Program Code	LG292

Bridge Loan Land Loan
Property Types	Land Entitled, Land Non-Entitled
Lendding Area	california
Loan amount Minimum	$750,000
Loan amount Maximum	$2,000,000
Interest Rate Minimum	4%
Terms	6 month, 9 months, 1 year
Interest Only or Amortized	Interest Only
Lien Position	1st
General Pricing or Guideline info	- Amount: $750,000 to $2,000,000 (may consider > $2MM on a case by case basis). - Property Types: Vacant land. - Interest Rate: Minimum 3.99% over WSJ Prime. - Lender Loan Fee:Varies. - DSCR: Interest Reserve Available. - Funding may include: Purchase Cost, Refinance Cost, Interest Reserve, Land Development Cost.
Updated as of	2023-10-17
Program Code	LG291

Summary of all Guidelines
Loan Types	Bridge Loan, Construction Loan, Hard Money Loan
Property Types	2-4 Units, SFR
Lendding Area	california, texas, washington
Loan amount Minimum	$1,000,000
Loan amount Maximum	$7,000,000
Interest Rate Minimum	7.50%
Interest Rate Maximum	9%
Points Minimum 1st TD	1
Points Maximum 1st TD	2
Terms	2-3 years
Interest Only or Amortized	Interest Only
LTV Bridge	80
LTC Construction	85
Personal Guarantee /Recourse Required	Recourse

Grand Pacific Financial Corp is located in Monterey Park, CA. They offer financing for Bridge Loans, Construction Loans and Hard Money Loans. The property type they primarily lend against is 2-4 Units and SFR. Their minimum loan amount is $1,000,000. Their maximum loan amount is $7,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 2-3 years. Although rates can change they are typically lending at a minimum rate of 7.50%. Maximum interest rate of 9%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 2.

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