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Granite Street Private Lenders

Bridge Loan
- LG558

Granite Street Private Lenders

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Car Wash, Carwash, Church, Condo, Daycare, Entertainment Venue, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Facility, 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 - Low Income, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse
Lendding Area nevada
Loan amount Minimum $50,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 12%
Points Minimum 1st TD 2
Terms 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year, 10 year, 7 year, 15 year, 20 year, 25 year, 30 year, 35 year, 40 year
Typical Days Required to Fund 5 Business days or less
Interest Only or Amortized Amortized and Interest Only Options available
Fees Processing Fee
Entities Corp - Corporation, Foreign National, Individual, LLC - Limited Liability Corporation, LP - Limited Partnership, Partnership, Trust
Extensions Available Considered based on Performance
Cross Collateralize Blanket Yes
Lien Position 1st, 2nd, 3rd, 4th or subsequent
Prepayment Penalty No Prepayment Penalty
Intended Occupancy Tenant, Vacant, Owner Occupied Business Purpose
Fixed or Adjustable Fixed
Special Features 1031 Exchange, Lease Option, Note Acquisition, Blanket Portfolio, Low liquidity, Partner Buyout, Repositioning, Performing collateral assignment, Trust resolutions
Reserve Requirement None
Program Code LG558
These descriptions are limited information and meant for general reference purposes.