Lima One Capital LLC
- Nicolai Lipscomb
Senior Loan Officer
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Commercial Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan |
| Property Types | 2-4 Units, Multi Family, SFR |
| Lendding Area | alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, nevada, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, north-dakota, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, tennessee, texas, utah, virginia, washington, west-virginia, wisconsin, wyoming |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 6% |
| Interest Rate Maximum | 12% |
| Points Maximum 1st TD | 3.5 |
| Terms | 5 years, 10 years, 20 year, 30 years |
| Credit Score Min | 630 |
| Interest Only or Amortized | Interest Only, Amoritzed |
| LTV Bridge | 80 |
| LTC Construction | 90 |
| Upfront Fees | Appraisal, Credit Report, Underwriting |
| ARV Rehab & Construction | 75 |
| LTC Rehab | 90 |
| LTV Long Term Rental | 80 |
| Personal Guarantee /Recourse Required | Personal Guarantee Not Required / Non-Recourse |
| Intended Occupancy | Vacant, Tenant |
| Rural Acceptable | Max 2 Acres |
| Percentage of Budget Financed - Rehab | 100 |
| LTC Percentage of Budget Financed | 100 |
| NMLS ID | 1324403 |
Successful real estate investing takes a team of highly skilled experts all working toward the same goal. At Lima One we truly believe in the importance of being a reliable part of our clients’ teams and in helping them achieve their goals. From initial conversation to final payoff, we’re here for you.
Lima One Capital LLC is located in Greenville, SC. They offer financing for Bridge Loans, Hard Money Loans, DSCR Loans, Commercial Loans, Rehab Loans and Construction Loans. The property type they primarily lend against is Multi Family, SFR and 2-4 Units. Their minimum loan amount is $75,000. Their maximum loan amount is $10,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 5 years;10 years;20 year;30 years. Although rates can change they are typically lending at a minimum rate of 6%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 0. Maximum points charged are 3.5.
These descriptions are limited information and meant for general reference purposes.