Sky Equity
- Anjali Ragade
- John Tedesco
Chief Development Officer
Construction Loan | |
Property Types | 2-4 Units, Multi Family, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $300,000 |
Loan amount Maximum | $10,000,000 |
Interest Rate Minimum | 11% |
Interest Rate Maximum | 13.5% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 3 |
Terms | 1 year, 18 month, 2 year |
Typical Days Required to Fund | 11-15 Business days |
Credit Score Min | 680 |
Lien Position | 1st |
Updated as of | 2023-09-07 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan, Rehab Loan, Rental Portfolio |
Property Types | 2-4 Units, Industrial, Mixed use, Multi Family, Office, Restaurant, Retail, SFR, Shopping Center, Strip Center, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $20,000,000 |
Interest Rate Minimum | 10% |
Points Minimum 1st TD | 1 |
Terms | 2 years |
LTV Bridge | 65 |
LTV Long Term Rental | 80 |
We provide these loans with products for short term bridge loans averaging 12 month to a variety of long term loans; including and up to 30 year fixed rate loans. Coast to Coast, in 42 states, we are quickly becoming the lender of choice for new and experienced real estate investors alike.
Sky Equity also provides investment opportunities for those looking to participate in the real estate market without the usual encumbrances associated with property ownership. The success of our Sky Equity Fund has produced a strong yield for investors year after year; paid monthly without fail since inception. Our mission at Sky Equity is to provide all Borrowers the fairest loan terms possible and all our Investors the best possible return on their investment dollars.
Sky Equity is located in New York, NY. They offer financing for Bridge Loans, Hard Money Loans, Commercial Loans, DSCR Loans, Rehab Loans and Rental Portfolio. The property type they primarily lend against is SFR, 2-4 Units, Multi Family, Office, Industrial, Retail, Mixed use, Restaurant, Shopping Center, Strip Center and Warehouse. Their minimum loan amount is $100,000. Their maximum loan amount is $20,000,000. Maximum duration of 2 years. Although rates can change they are typically lending at a minimum rate of 10%. Points charged are deal specific, but historically have charged a minimum of 1.
These descriptions are limited information and meant for general reference purposes.![](https://lendding.com/wp-content/uploads/2023/05/lendding-loan-info.png)