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Avatar Financial Group

Hard Money Loan
Commercial Hard Money Loan - LG297

Avatar Financial Group

Summary of all Guidelines

Loan Types Hard Money Loan
Property Types Hotel, Industrial, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Warehouse
Lendding Area NATIONWIDE
Loan amount Minimum $1,000,000
Loan amount Maximum $35,000,000
Interest Rate Minimum 11%
Interest Rate Maximum 13%
Points Minimum 1st TD 2
Points Maximum 1st TD 3
Terms 6 month, 9 months, 1 year, 18 month, 2 year
Credit Score Min 650
Interest Only or Amortized Interest Only
Lien Position 1st
General Pricing or Guideline info - Interest Rate: 10.99% - 12.99% - Timing: 2-3 week closings. - Yield Maintenance: Negotiable. - Recourse: Typically Required. - Acceptable Markets: Nationwide (excluding NV) in urban/suburban markets with population of 50,000+.
Updated as of 2023-10-20

- Interest Rate: 10.99% - 12.99%
- Timing: 2-3 week closings.
- Yield Maintenance: Negotiable.
- Recourse: Typically Required.
- Acceptable Markets: Nationwide (excluding NV) in urban/suburban markets with population of 50,000+.

These descriptions are limited information and meant for general reference purposes.