Skip to content
logo
Search
Close this search box.
(800)865-9011

Persevere Lending

Line of Credit
Line of Credit California - LG54

Persevere Lending

Summary of all Guidelines

Loan Types Investment property Line of Credit
Property Types 2-4 Units, Condo, SFR
Lendding Area california
Loan amount Minimum $50,000
Loan amount Maximum $2,500,000
General Pricing or Guideline info A Persevere Lending Line of Credit can give you the flexibility and financing power you need to access capital strategically and efficiently in order capitalize on your investment opportunities.​ • $50,000 to $2,500,000 • Min. Draw: 5% of total credit line • Max. Draw: 20% of total credit line • Min. Draws per month: 1 • Max. Draws per month: 4 • Business days for draws to be processed: 5 • Draw Fee: $500 ​ Line replenishment is only accepted and credited on the last of the month. Interest is charged on only total amount disbursed as of the 1st of every month.
Updated as of 2022-01-01

A Persevere Lending Line of Credit can give you the flexibility and financing power you need to access capital strategically and efficiently in order capitalize on your investment opportunities.​

• $50,000 to $2,500,000
• Min. Draw: 5% of total credit line
• Max. Draw: 20% of total credit line
• Min. Draws per month: 1
• Max. Draws per month: 4
• Business days for draws to be processed: 5

• Draw Fee: $500

Line replenishment is only accepted and credited on the last of the month. Interest is charged on only total amount disbursed as of the 1st of every month.

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