Seattle Funding Group

Long Term Commercial Loan
Property Types	Industrial, Mixed use, Office, Retail, Warehouse
Lendding Area	alaska, arizona, california, colorado, hawaii, idaho, nevada, oregon, utah, washington
Loan amount Minimum	$500,000
Loan amount Maximum	$15,000,000
Interest Rate Minimum	9%
Points Minimum 1st TD	1
Points Maximum 1st TD	2.25
Terms	3 year
Lien Position	1st
Prepayment Penalty	No Prepayment Penalty
Updated as of	2023-09-21

Bridge Loan
Property Types	2-4 Units, Gas Station, Industrial, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center, Student Housing, Warehouse
Lendding Area	alaska, arizona, california, colorado, hawaii, idaho, nevada, oregon, utah, washington
Loan amount Minimum	$500,000
Loan amount Maximum	$5,000,000
Interest Rate Minimum	10.5%
Interest Rate Maximum	11.5%
Points Minimum 1st TD	2
Points Maximum 1st TD	2.75
Terms	1 year, 2 year
Credit Score Min	650
Lien Position	1st
Max Points Charge by Broker	No max
Prepayment Penalty	No Prepayment Penalty
Updated as of	2024-04-19

Long Term Commercial Loan
Property Types	Automotive, Bar, Condo, Daycare, Gas Station, Hotel, Industrial, Mixed use, Motel, Multi Family, Office, Restaurant, Retail, Self-Storage, Shopping Center, Strip Center, Warehouse
Lendding Area	alaska, arizona, california, colorado, hawaii, idaho, nevada, oregon, utah, washington
Loan amount Minimum	$1,000,000
Loan amount Maximum	$15,000,000
Interest Rate Minimum	9%
Interest Rate Maximum	12%
Points Minimum 1st TD	1
Points Maximum 1st TD	2.5
Terms	1 year, 2 year, 3 year
Credit Score Min	600
Lien Position	1st
Prepayment Penalty	No Prepayment Penalty
Fixed or Adjustable	Fixed
Updated as of	2024-01-18

Construction Loan
Property Types	2-4 Units, Automotive, Bar, Condo, Daycare, Gas Station, Hotel, Industrial, Manufactured Home, Medical Office, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center, Student Housing, Warehouse
Lendding Area	alaska, arizona, california, colorado, hawaii, idaho, nevada, oregon, utah, washington
Loan amount Minimum	$500,000
Loan amount Maximum	$5,000,000
Interest Rate Minimum	10.5%
Interest Rate Maximum	11.5%
Points Minimum 1st TD	2
Points Maximum 1st TD	2.75
Terms	1 year, 2 year
Credit Score Min	650
Lien Position	1st
Max Points Charge by Broker	No max
Prepayment Penalty	No Prepayment Penalty
Updated as of	2024-04-19

Summary of all Guidelines
Loan Types	Commercial Loan, Construction Loan
Property Types	SFR
Lendding Area	alaska, arizona, colorado, hawaii, idaho, nevada, oregon, utah, washington
Loan amount Minimum	$200,000
Loan amount Maximum	$12,000,000
Interest Rate Minimum	8%
Interest Rate Maximum	10%
Points Minimum 1st TD	2
Points Maximum 1st TD	3
Terms	3 years
Prepayment Penalty	None
LTV Bridge	75
LTC Construction	85

Seattle Funding Group is located in San Diego, CA. They offer financing for Construction Loans and Commercial Loans. The property type they primarily lend against is SFR. Their minimum loan amount is $200,000. Their maximum loan amount is $12,000,000. Maximum duration of 3 years. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 10%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 3.

These descriptions are limited information and meant for general reference purposes.