Hard Money Loan
Program #LG495
Program #LG495
Summary of all Guidelines | |
Loan Types | Hard Money Loan |
Property Types | Hotel, Industrial, Medical Office, Mixed use, Mobile Home Park, Motel, Multi Family, Retail, Self-Storage |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $2,000,000 |
Loan amount Maximum | $20,000,000 |
Interest Rate Maximum | 10.75% |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 2 |
Typical Days Required to Fund | 31-40 Business days |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Fixed or Adjustable | Adjustable |
Recourse | Non Recourse |
Updated as of | 2024-04-11 |
These descriptions are limited information and meant for general reference purposes.