IceCap Group
Rehab Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $50,000 |
| 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 |
| 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 |
| Program Code | LG281 |
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 |
| Program Code | LG280 |
Long Term Rental Loan | |
| Property Types | 2-4 Units |
| 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 |
| Program Code | LG283 |
Construction Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $50,000 |
| 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 |
| 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 |
| Program Code | LG282 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, DSCR Loan, Rehab Loan |
| Lendding Area | NATIONWIDE |
| States Excluded | Nevada |
IceCap Group is located in New York, NY. They offer financing for Bridge Loans, Construction Loans, DSCR Loans and Rehab Loans.
These descriptions are limited information and meant for general reference purposes.
31 West 34th Street, Suite 1012
New York,
NY
10001
