| Loan Amount | $75,000 – $5 Million |
|---|---|
| Loan Term | 12, 18, or 24 month options |
| Time to Close | 10 to 30 Days from Deposit |
| Asset Classes | Non-owner Occupied 1-4 Family Residential Properties; Condos; Townhomes; Planned Unit Developments (PUDs) |
| LTV of Purchase Price | Up to 75% for new investors or 95% LTV for experienced investors |
| Lien Position | First Mortgage |
| Interest Rate | 9.99% – 12.99% |
| Origination Fees | 1.50% – 3.00% (adjusted to loan size, timing, and complexity) |
| Minimum Credit Score | 650 |
| Amortization | Interest Only |
No Pre-payment penalty
Interest Only
Monthly Payments
Low Document and Easy Process for fast closings
A borrower seeking a hard money loan must meet the following generally stated minimum requirements.
| Borrower Type | Corporations, Trust or Limited Liability Companies preferred |
|---|---|
| Cash Reserves | Minimum of 10–15% of project costs |
| Net Worth | Sufficient to support the loan and project scope |
| Credit Score | 660 or higher preferred |
| Foreign Nationals | Eligible with qualifying documentation |
| Exit Strategy | Clear plan to repay or refinance the loan is required |
Personal Documents
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Loan Application
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Drivers License and/or Passport
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Personal Financial Statement
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Schedule of Real Estate Owned
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List of Real Estate bought or sold in the last 3yrs
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Most Recent Bank Statements
Property Documents
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Purchase Contract or Payoff (if applicable)
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Leases (if applicable)
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Valuation (if applicable)
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Rent Roll / Operating Statements (if applicable)
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Title & Insurance Contacts
Business Documents
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Entity Documents
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Articles of Organization
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Operating Agreement
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IRS EIN Letter
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Certificate of Good Standing
We make it easy—download all the forms you need to start your loan application, hassle-free.