Rate Sheet

Private Money Loans

Terms
Tier A Tier B Tier C
Rate: 7.99% 8.99% 9.99%
Loan to Value (LTV):
Purchase 55% 70% 75%
Refinance 50% 65% 70%
Term: 1 year 2 years 2 years
Location: Metro areas, Population >250k Population >100k Population >50k
Fees
Loan Amount:
$1MM+ 2.0 pts
$400,000 – $999,999 2.5 pts
<$400,000 3.0 pts
Fees (underwriting, documents, etc.): $1,850
Total Minimum Fees (for small loans): $4,000
Prepayment Penalty: none on most loans

Scenarios that do not fit into the above (e.g. land, construction or higher LTVs) are quoted case-by-case.

Construction Loans

Terms

Loans quoted on a case-by-case basis; however, typically +1% on rate vs. those quoted above for Private Money Loans.

Fees

Loans quoted on a case-by-case basis; however, approximately the same as those quoted above for Private Money Loans.

Funds Controlled Amount: 1% on funds controlled amount
(subject to $1500 minimum)
Prepayment Penalty: None

Stand-alone 2nds

Tier A Tier B Tier C
Rate: 11.99% 12.99% 13.99%
Loan to Value (LTV):
Purchase 55% 65% 70%
Refinance 50% 60% 65%
Term: 1 year 2 years 2 years
Location: Metro areas, Population >250k Population >100k Population >50k
Fees
Loan Amount:
$1MM+ 3.0 pts
$400,000 – $999,999 3.5 pts
<$400,000 4.0 pts
Fees (underwriting, documents, etc.): $1,850
Total Minimum Fees (for small loans): $5,000
Prepayment Penalty: Six (6) months of minimum yield on most loans

Scenarios that do not fit into the above (e.g. land, construction or higher LTVs) are quoted case-by-case.

Download Rate Sheet (PDF)

General rates, terms and conditions are included and may be changed without notice.  This is not a formal offer or commitment.  Approved terms may vary.  Each transaction is considered on a case-by-case basis.  All transactions are subject to submission of a formal application, underwriting and approval.  This is information is considered confidential and is not intended for distribution to the general public.