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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.
4711 Viewridge Ave Suite 270
San Diego, 
CA
 92123