IceCap Group
Rehab Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $3,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Reserve Requirement | None |
| General Pricing or Guideline info | - Timing to close: 3-20 Days - Personal Guarantee: Full - LTARV: 70% Max - Min. Experience: 3 Similar Projects - Purpose: Purchases, Refinance, Cash-out Refinance - Property Types includes Townhomes. |
| Updated as of | 2023-10-12 |
Bridge Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $10,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 5 Business days or less |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Reserve Requirement | None |
| General Pricing or Guideline info | - LTRV: N/A - Min. Experience: None - Purpose: Purchases, Refinance, Cash-out, Refinance - Timing to close: 3-20 Days - Personal Guarantee: Full - Property Types includes Townhomes. |
| Updated as of | 2024-07-12 |
Long Term Rental Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $10,000,000 |
| Terms | 2 year, 3 year, 4 year, 5 year, 7 year, 10 year, 15 year, 20 year, 25 year, 30 year, 35 year, 40 year |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| General Pricing or Guideline info | - 24+ Months - Property Types: 1-4 family only - Min. Experience: Adequate property management or 3rd party - Purpose: Purchases, Refinance, Cash-out Refinance - Min. DSCR: 1.1x |
| Updated as of | 2023-10-12 |
Construction Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $3,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Reserve Requirement | None |
| General Pricing or Guideline info | - Timing to close: 3-20 Days - Personal Guarantee: Full - Property Types include Townhomes - LTARV: 65% Max - Min. Experience: 3 Similar Projects - Purpose: Purchases, Refinance no cash-out |
| Updated as of | 2023-10-12 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, DSCR Loan, Rehab Loan |
| Lendding Area | NATIONWIDE |
| States Excluded | Nevada |
| Loan amount Maximum | $999,000 |
IceCap Group is located in New York, NY. They offer financing for Bridge Loans, Construction Loans, DSCR Loans and Rehab Loans. Their maximum loan amount is $999,000.
These descriptions are limited information and meant for general reference purposes.
31 West 34th Street, Suite 1012
New York,
NY
10001
