General Guidelines

• Non-bank bridge and long term lender
• 5+ Units
• $500k-$50MM Loan Amount
• Bridge Max 80% LTC Max 80% LTV

• Non-recourse
• Quick closings 5-14 days
• Risk adjusted fixed rate pricing
• Proforma underwriting

General Guidelines

Lending Guidelines

ELIGIBLE LOCATIONS: MSA’s within the U.S.
PROPERTY TYPES: Multifamily 5+ Units
LOAN AMOUNT: $500k to $50MM
LOAN TERM: 1, 2 and 3 year Bridge loans / Fixed 5, 7, 10 year, hybrid 20 year with 5, 7,10 year
AMORTIZATION: Interest Only Bridge / up to 30 years
LTC/LTV: Up to 80% Loan to Cost and maximum 80% LTV of stabilized value
DSCR: Stabilized Minimum 1.20x DSCR
SPONSOR / BORROWER: Creditworthy individual(s) or entity acceptable to Lender with sufficient liquidity and net worth
BORROWING ENTITY: LLC, Corp, Trusts – SPE (single purpose LLC) may be required on some loans
RECOURSE: Non-recourse, with the exception of industry standard “bad boy” carve outs