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Rehab Loan
Program #LG757

Socotra Capital

Summary of all Guidelines

Loan TypesRehab Loan
Property Types2-4 Units, Assisted Living, Automotive, Bar, Cannabis Related, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Medical Facility, Medical Office, Mixed use, Motel, Multi Family, Office, Restaurant, Retail, SFR, Shopping Center, Special-Use, Strip Center
Lendding AreaAlaska, Arizona, Arkansas, California, Colorado, Georgia, Idaho, Kentucky, Maryland, Massachusetts, Minnesota, Nevada, New Hampshire, North Carolina, Oregon, Rhode Island, Texas, Utah, Washington, West Virginia, Wyoming
Loan amount Minimum $250,000
Loan amount Maximum $15,000,000
Interest Rate Minimum 8%
Interest Rate Maximum 12%
Points Minimum 1st TD 1
Points Maximum 1st TD 10
Terms 6 month, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year, 7 year, 10 year, 15 year, 20 year
Typical Days Required to Fund11-15 Business days
Credit Score Min600
Interest Only or AmortizedAmortized and Interest Only Options available
FeesAppraisal
EntitiesIndividual, Corp - Corporation, LLC - Limited Liability Corporation, LP - Limited Partnership, Trust, Foreign National, Partnership
Extensions AvailableBuilt-in
Cross Collateralize BlanketYes
Lien Position1st, 2nd, 3rd
Max Points Charge by BrokerNo max
Prepayment PenaltyNo Prepayment Penalty
Intended OccupancyTenant, Owner Occupied Business Purpose
Fixed or AdjustableFixed
Special Features1031 Exchange, Blanket Portfolio, Foreign National, Mid-construction, Partner Buyout, Partnership buy-outs, Partnership restructuring, Trust resolutions, Dilapidated - Red Tag, Low liquidity, Pending Notice of defaults
RecourseRecourse and Non Recourse available
Updated as of2026-05-11
These descriptions are limited information and meant for general reference purposes.