Summary of all Guidelines | |
Loan Types | Bridge Loan, DSCR Loan, Rehab Loan |
Property Types | Condo, Mixed use, Multi Family, SFR |
Lendding Area | california, connecticut, florida, maryland, massachusetts, new-hampshire, new-jersey, new-york, pennsylvania, virginia, washington-dc, west-virginia |
Interest Rate Minimum | 10% |
Interest Rate Maximum | 14.5% |
Points Minimum 1st TD | 2 |
Terms | 1 year |
Credit Score Min | 579 |
LTV Bridge | 65 |
Upfront Fees | Underwriting |
Special Features | Bankruptcy |
Our growth as a company started 36 years ago and continues to evolve within real estate, mortgage and title industries.
Tower Fund Capital is located in New York, NY. They offer financing for Bridge Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is SFR, Multi Family, Condo and Mixed use. Maximum duration of 1 year. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 14.5%. Points charged are deal specific, but historically have charged a minimum of 2.
These descriptions are limited information and meant for general reference purposes.
1325 Avenue of the Americas
New York,
NY
10019