
- Molly Knapik
Inside Loan Originator
Bridge Loan | |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | alabama, arkansas, colorado, connecticut, d-c, delaware, florida, georgia, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts, michigan, mississippi, missouri, nebraska, new-jersey, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, west-virginia, wisconsin |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Terms | 6 month, 9 months, 1 year, 18 month |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation |
| Lien Position | 1st |
| General Pricing or Guideline info | - Rate/Term: Up to 75% - Property Type: Mixed use (must be >75% residential); 5-10 unit multifamily. - Property Restrictions: Rural or remote properties. - ARV > 250% of area median. - Vacation/resort properties. - Guarantors All owners with management authority or > 20% ownership must sign guarantees. - Background: Bankruptcies- 3 years; Foreclosures- 5 years; No felony convictions. - Purpose: Purchase, rate/term, cash out. - Credit score based on lowest guarantor. - Property Condition: Must be in good condition and ready to sell or rent (C4 and Q5 or better). - Strategy: For sale or transition to long-term. - DSCR: Proforma income must support the property value and exit strategy. Minimum 1.0 DSCR for cash out. - Reserves 6 months interest. - Investment properties only. - Get Pre-Approved in Minutes. ACCELERATE YOUR SUCCESS We know time is money. We'll work hard to close your loan quickly and make the process easy. At each step, our skilled team will help you move fast. |
| Updated as of | 2022-12-06 |
Rehab Loan | |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | alabama, arkansas, colorado, connecticut, d-c, delaware, florida, georgia, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts, michigan, mississippi, missouri, nebraska, new-jersey, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, west-virginia, wisconsin |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,000,000 |
| Interest Rate Minimum | 9.5% |
| Terms | 6 month, 9 months, 1 year |
| Credit Score Min | 660 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation |
| Lien Position | 1st |
| General Pricing or Guideline info | - LTV Up to 75% of completed value for light rehabs; up to 65% for heavy rehabs. - LTC: Up to 95% for repeat borrowers. - Property Type: Mixed use (must be >75% residential); 5-10 unit multifamily. - Property Restrictions: Rural or remote properties; ARV > 250% of area median; Vacation/resort properties. - Guarantors All owners with management authority or > 20% ownership must sign guarantees. - Background: Bankruptcies: 3 years; Foreclosures: 5 years; No felony convictions. - Purpose: Purchase or refinance. - Experience: No prior experience required. Best terms are available for experienced borrowers. - Minimum Credit Score: 660, based on primary guarantor. - Rehab Level: Rehabs will be considered Heavy when any of the following are true.. • Budget > purchase price • Budget > $200,000 • Addition of >10% GLA • Change of use - Reserves: 6 months interest plus 10% of construction budget (lower reserves available with experience). - Investment properties only. - Funds released on inspected work. - Get Pre-Approved in Minutes. ACCELERATE YOUR SUCCESS We know time is money. We'll work hard to close your loan quickly and make the process easy. At each step, our skilled team will help you move fast. |
| Updated as of | 2023-10-19 |
Construction Loan | |
| Property Types | 2-4 Units, Multi Family, SFR |
| Lendding Area | alabama, arkansas, colorado, connecticut, delaware, florida, georgia, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts, michigan, mississippi, missouri, nebraska, new-jersey, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, west-virginia, wisconsin |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,000,000 |
| Terms | 6 month, 9 months, 1 year, 18 month |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation |
| Lien Position | 1st |
| General Pricing or Guideline info | - LTV: Up to 65% of completed value. - LTC:Up to 85% for repeat borrowers. - Property Restrictions: Rural or remote properties; ARV > 250% of area median; Vacation/resort properties. - Bankruptcies: 3 years. - Foreclosures: 5 years. - No felony convictions. - Purpose Purchase or refinance. - Minimum Credit Score: 680, based on primary guarantor. - Experience: Minimum of 4 completed builds in prior three years. Experience must be in similar projects. - Permits: Purchase- Must be permit ready; Refi- Permits must be issued. - Site Work: All site work and utilities must be complete. Land development work is not permitted. - Reserves: 6 months interest plus 10% of construction budget. - Investment properties only. - Funds released on inspected work. - Get Pre-Approved in Minutes. ACCELERATE YOUR SUCCESS We know time is money. We'll work hard to close your loan quickly and make the process easy. At each step, our skilled team will help you move fast. |
| Updated as of | 2022-10-20 |
Long Term Rental Loan | |
| Property Types | 2-4 Units, Multi Family, SFR |
| Lendding Area | alabama, arkansas, colorado, connecticut, d-c, delaware, florida, georgia, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts, michigan, mississippi, missouri, nebraska, new-jersey, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, west-virginia, wisconsin |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 9.5% |
| Terms | 10 year, 15 year, 20 year, 25 year, 30 year |
| Credit Score Min | 660 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation |
| Lien Position | 1st |
| General Pricing or Guideline info | - Rate/Term: Up to 80% - Property Type: 5-10 unit multifamily. - Property Restrictions: Rural or remote properties Restrictions; Greater than 2 acres; Mixed use properties. - Guarantors: All owners with management authority or > 20% ownership must sign guarantees. - Background: Bankruptcies- 3 years; Foreclosures- 3 years; No felony convictions. - Purpose: Purchase, rate/term, cash out. - Minimum Credit Score: 660, based on lowest of all guarantors. - Property Must be in good condition and Condition ready to sell or rent (C4 and Q5 or better). - Strategy: Long-term hold. - Reserves: 3 months PITIA if leased; 9 months if vacant. - Investment properties only. - Get Pre-Approved in Minutes. ACCELERATE YOUR SUCCESS We know time is money. We'll work hard to close your loan quickly and make the process easy. At each step, our skilled team will help you move fast. |
| Updated as of | 2023-10-19 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan |
| Property Types | 2-4 Units, Mixed use, SFR |
| Lendding Area | alabama, arkansas, colorado, connecticut, delaware, florida, georgia, illinois, indiana, iowa, kansas, kentucky, louisiana, maryland, massachusetts, michigan, mississippi, missouri, nebraska, new-jersey, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, washington-dc, west-virginia, wisconsin |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,000,000 |
| Interest Rate Minimum | 9.5% |
| Points Minimum 1st TD | 2 |
| Terms | 1 year, 1.5 years, 2 years, 30 Years |
| Credit Score Min | 680 |
| LTV Bridge | 60 |
| LTC Construction | 95 |
| LTC Rehab | 95 |
ACCELERATE YOUR SUCCESS
We know time is money. We'll work hard to close your loan quickly and make the process easy. At each step, our skilled team will help you move fast.
BORROW WITH CONFIDENCE
LYNK Capital has funded over $750 million of loans like yours. As a direct lender, we’ll give you confidence that you’ve found a strong partner to help you meet your real estate investment goals.
Lynk Capital is located in Jacksonville, FL. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is SFR, Mixed use and 2-4 Units. Their minimum loan amount is $100,000. Their maximum loan amount is $2,000,000. Maximum duration of 1 year;1.5 years;2 years;30 Years. Although rates can change they are typically lending at a minimum rate of 9.5%. Points charged are deal specific, but historically have charged a minimum of 2.
These descriptions are limited information and meant for general reference purposes.