Lending since 2016
Lending since 2016
Full recourse only
Ground Up Construction Residential: 1-4 Units
Loan Amount: $50,000 – $5,000,000
Maximum LTC: Up to 75% of the lower of land value or purchase price/60% if unpermitted, plus 100% of construction LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing
Small Balance Multifamily: 5+ Units
Loan Amount: $50,000 – $5,000,000
Loan Types: Interest only, fixed and adjustable rate mortgage options
Maximum Loan to Stabilized Value 75%
Term Length Up to 24 months + two 6-month extensions
Small Balance Multifamily: 5+ Units
Loan Amount: $50,000 – $5,000,000
Loan Types: Interest only, fixed and adjustable rate mortgage options Maximum Loan to Stabilized Value
75% Term Length Up to 24 months + two 6-month extensions
Property Types Single family, 2-4 units, townhomes, PUD, warrantable condos 5-8 Unit Properties allowed up to 15% of Loan Amount
Loan Amount: $250,000 – $50,000,000
Loan Types: 30-yr Fixed Rate Mortgage (Fully Amortizing) 5/6, 7/6, 10/6 Hybrid ARMs (Partial IO or Fully Amortizing) Maximum Loan to Stabilized Value
75% Term Length 5, 10 & 30 Years
Property Types 5-8 Unit Residential Properties
Loan Amount: $250,000 – $3,000,000
Max LTV: Purchase/Rate-Term Refinance: 70% Cashout Refinance: 70% Term Length 30 Years
