Redwood Mortgage
- Mike Micci
- Steve Belleville
Director Of Sales and Marketing
Long Term Commercial Loan | |
| Property Types | Industrial, Office, Retail, Self-Storage |
| Lendding Area | california |
| Loan amount Minimum | $200,000 |
| Loan amount Maximum | $7,500,000 |
| Terms | 1 year, 15 year |
| Lien Position | 1st |
Bridge Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | california |
| Loan amount Minimum | $200,000 |
| Loan amount Maximum | $7,500,000 |
| Terms | 1 year, 15 year, 30 year |
| Lien Position | 1st |
Second Mortgage | |
| Property Types | Industrial, Office, Retail, Self-Storage |
| Lendding Area | california |
| Loan amount Minimum | $200,000 |
| Loan amount Maximum | $7,500,000 |
| Terms | 1 year, 15 year |
| Lien Position | 1st |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Hard Money Loan, Rehab Loan, Second Mortgage |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | california |
| Loan amount Minimum | $200,000 |
| Loan amount Maximum | $7,500,000 |
| Interest Rate Minimum | 6% |
| Interest Rate Maximum | 11% |
| Points Minimum 1st TD | 1.5 |
| Points Maximum 1st TD | 4 |
| Terms | 1 year, 15 years |
| Interest Only or Amortized | Interest Only, Amoritzed |
| Prepayment Penalty | None |
| Upfront Fees | Processing |
| Personal Guarantee /Recourse Required | Recourse, No Recourse |
| Intended Occupancy | Owner, Non-Owner, Owner bridge, Other |
Founded in 1978, Redwood Mortgage is an established direct lender with over 45 years of experience in arranging and funding mortgage loans in California. Redwood Mortgage has funded $2.5 billion in loans and currently manages a loan portfolio of over $275,000,000.
Redwood Mortgage provides tailor-made solutions secured by residential investment, multifamily and commercial properties. As a result, Redwood Mortgage has earned a position of industry trust that we are extremely proud of.
As one of the first private lenders in California to organize and manage its capital through controlled mortgage pool funds, Redwood Mortgage has the experience and sophistication to understand your deal, without any delays for investor approvals.
Redwood Mortgage is located in San Mateo, CA. They offer financing for Bridge Loans, Hard Money Loans, Rehab Loans and Second Mortgages. The property type they primarily lend against is SFR, Multi Family, Mixed use and 2-4 Units. Their minimum loan amount is $200,000. Their maximum loan amount is $7,500,000. They offer loans for a minimum Term of 6 months. Maximum duration of 1 year;15 years. Although rates can change they are typically lending at a minimum rate of 6%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 1.5. Maximum points charged are 4.
These descriptions are limited information and meant for general reference purposes.