Region: CA, AZ and NV

Minimum: $500,000

Maximum: $15,000,000

Rate: 6.25% to 12%

Points: 2% to 6%

Pre-Payment: None, most cases

Term: 1-year plus extensions

Interest Reserves: Yes

Recourse: TBD

LTV: 60%

LTC: 80%

Owner Occupied: No

Single Tenant: Yes, credit tenants only

Full Doc: TBD

Apply:

• Brief loan summary
  • Use of Proceeds Exit
  • Cost/Cash invested Debt service
  • Color Photos Credit
• Current or Performa rent roll
• Current or Performa operating statement
• Use of proceeds schedule
• Personal Finance Statement (1003) (PDF Download) (Excel Download)
• Financial statement borrowing entity
• Construction - Budget three column = Total-Completed-Remaining
• Tax Returns in some cases