Hard Money Loans

Funding Uses:

  • Acquisitions
  • Refinance
  • Cash-Out
  • JV Partnerships
  • Preferred Equity
  • Lease Buy-Back Options
  • Development
  • Rehab/Redevelopment
  • Working Captial
  • Distressed Sales
  • Foreclosures
  • Asset Classes:

  • Multi-Family
  • Office
  • Warehouse
  • Industrial
  • Condos/Co-ops
  • Land
  • Self-storage
  • Retail
  • Mixed Use
  • Specialty
  • Typical Loan Terms:

    Loan Type:1st Mortgage Lien
    Loan Amount:$250,000 - $5,000,000
    Loan to Value (LTV):Up to 65% (of appraised value or purchase price)
    Interest Rate:9.5% - 12%
    Term:1 Yr. (w/Renewal Option)
    Amortization:Interest Only
    Origination Fee: 1% - 3%
    Geographies:NY, NJ, CT & South FL
    Up To 50% LTV:On income producing properties.
    Up To 35% LTV:On properties with a finished building on it, but not producing income.
    Up To 30% LTV:On vacant land
    Construction Loans:Loan will be in the form of a line of credit.
    Each drawdown is subject to the approval of a professional engineering firm of the lenders choice (paid for by the borrower) to ensure the monies that were loaned to complete the job is in accordance with all the local construction laws and that everything was done by licensed contractors.