​

 

Property Types                 Condo, Multifamily, Mixed Use, Commercial and Industrial

​

​

Loan Type                         Bridge, Construction, Acquisition, Condo Inventory, Value-Add

​

​

Lien Position                     First Lien

​

​

Loan Amount                   $500k-$15M

​

​

Loan Term                         Up to 24 Months

​

​

Interest Rate                       Starting at SOFR + 6.00%, with an option for Fixed Rate

​

​

Origination Fee                 1%-3%

​

​

Exit Fee                               0%-1%

​

​

Amortization                       Interest Only

​

​

Loan-To-Cost                      Up to 80%

​

​

Loan-To-Value                    Up to 75%

​

​

Repayment                         No Prepayment Penalty

​

​

Term Sheet                         Within 3 Business Days of Application

​

 

Closing Time Frame         1 to 3 Weeks

​

​

Location                             East Coast