Summary of all Guidelines | |
Loan Types | Bridge Loan, Construction Loan, DSCR Loan, Private Money, Rehab Loan |
Property Types | 2-4 Units, Assisted Living, Hospitality, Industrial, Medical Offices, Mixed use, Multi Family, Retail, Self-Storage, Senior, SFR, Strip Centers |
Lendding Area | alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, indiana, iowa, kansas, kentucky, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, nebraska, new-hampshire, new-jersey, new-mexico, north-carolina, ohio, oklahoma, oregon, pennsylvania, south-carolina, tennessee, texas, utah, vermont, virginia, washington, west-virginia, wisconsin, wyoming |
Loan amount Minimum | $250,000 |
Loan amount Maximum | $10,000,000 |
Interest Rate Minimum | 10% |
Interest Rate Maximum | 11% |
Points Minimum 1st TD | 1.5 |
Points Maximum 1st TD | 2 |
Terms | 3 years |
Interest Only or Amortized | Interest Only |
LTV Bridge | 70 |
LTC Construction | 80 |
Upfront Fees | Appraisal, Fund Control, Underwriting, Upfront Deposit |
ARV Rehab & Construction | 70 |
LTC Rehab | 80 |
LTV Long Term Rental | 80 |
Personal Guarantee /Recourse Required | Personal Guarantee Required / Recourse, Personal Guarantee Not Required / Non-Recourse |
Intended Occupancy | Owner, Owner bridge, Vacant, Tenant |
Rodeo Lending is located in Los Angeles, CA. They offer financing for Bridge Loans, Private Money, DSCR Loans, Rehab Loans and Construction Loans. The property type they primarily lend against is Multi Family, Assisted Living, Hospitality, Industrial, Medical Offices, Mixed use, Retail, Self-Storage, Senior, SFR, Strip Centers and 2-4 Units. Their minimum loan amount is $250,000. Their maximum loan amount is $10,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 3 years. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 1.5. Maximum points charged are 2.
These descriptions are limited information and meant for general reference purposes.
1875 Century Park East Suite 940
Los Angeles,
CA
90067