Hard Money Loans

Our firm appreciates that hard money loans make perfect sense when there is an opportunity to quickly generate a substantial profit (or savings) with a property. In these instances the higher cost of interest and additional fees are worth it, because they end up being a relatively small portion of the anticipated profit of a project.

Although credit standards have tightened and credit availability has decreased in recent years, this shouldn’t stop you from purchasing and/or renovating a commercial property. We are experts in hard money and asset-based lending for multi-family, retail, office, mixed use and industrial properties. We can get you the access to capital you need, even if your credit is less than perfect.

HARD MONEY LOAN TERMS

LOAN AMOUNTS: Minimum $250,000
LOAN RATES: 10-16% (risk based pricing)
LOAN TERMS: 3-36 months
AMORTIZATION: Interest only
MAX LOAN-TO-VALUE: 50-65%
MINIMUM DSCR: NA
DEBT YIELD: NA
RECOURSE: Recourse (no exceptions)