- Property Type : Multi Family
- Loan Type : Bridge Loan
- State : Delaware
- City : Seaford
- Funded Amount : $6,500,000
Bridge Loan | |
Property Types | 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
Lendding Area | california |
Loan amount Minimum | $2,000,000 |
Loan amount Maximum | $100,000,000 |
Interest Rate Minimum | 8% |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 2 |
Terms | 6 month, 1 year, 2 year, 3 year |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Fixed or Adjustable | Fixed |
General Pricing or Guideline info | Loan Size: $2,000,000 - $100,000,000+ Purpose: Acquisition, Refinance, Repositioning, Construction, Renovation and Quick Closings Location: Nationwide Collateral Type: All major assets types considered Security: 1st Lien and Mezzanine Loan to Value: 75% Maximum Interest Rate: Starting at 8.00% Term: 6 Months - 3 Years Amortization: Interest Only Fees: 1.0% - 2.0% |
Updated as of | 2023-11-10 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Hard Money Loan |
Property Types | 2-4 Units, SFR, Skilled Nursing |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $2,000,000 |
Loan amount Maximum | $20,000,000 |
Interest Rate Minimum | 8% |
Interest Rate Maximum | 12% |
Points Minimum 1st TD | 1.5 |
Points Maximum 1st TD | 2 |
Terms | 6 months, 1 year, 1.5 years, 2 years, 3 years |
Interest Only or Amortized | Interest Only |
Prepayment Penalty | 6 months |
LTV Bridge | None |
Personal Guarantee /Recourse Required | Recourse |
At Unity Capital we put our reputation, experience and focus to work for our clients, adding value to each transaction we undertake. Our senior mortgage and mezzanine loans range in size from $2,000,000 to $100,000,000+ and are designed to give our borrowers the ability to take advantage of time sensitive closings, “special situations” and “story” deals. With millions in committed capital, a dedicated team of experienced mortgage professionals and closings within days, Unity Capital can help you achieve your objectives.
Unity Capital is located in New York, NY. They offer financing for Bridge Loans and Hard Money Loans. The property type they primarily lend against is 2-4 Units, SFR and Skilled Nursing. Their minimum loan amount is $2,000,000. Their maximum loan amount is $20,000,000. They offer loans for a minimum Term of 6 months. Maximum duration of 6 months;1 year;1.5 years;2 years;3 years. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 12%. 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.