Our Loan Terms
States: RI, Southeastern MA (No CT)
Loan Size: $100,000 – $3MM
Loan Term: Up to 36 Months
Rate: 12-14% IO
Pre-Payment Penalty: None
Origination Points: 2-4
LTV: Up to 80%
Min. Property Value: $100,000.00
Closing Timeline: 5-10 Business Days
Rehab Loans: Yes
Projects Considered: All
Why Choose a Hard Money Loan
Choosing a hard money loan can provide you with huge benefits. Some reasons why a hard money loan is the best fit for your financial needs include:
Non-Traditional LoanTraditional lenders are not comfortable funding loans that do not meet their strict criteria, which is when we can step in.
TimingTraditional financing can take a long time do to the lengthy due diligence process, but we can act fast since we lend our own capital.
Credit IssuesMinor credit issues are often deal breakers for traditional lenders, but we will work with you to get you the funds you need.
Upfront CostsTraditional lenders may charge upfront costs and fees making their loans less attractive to you as a borrower.
PricingHard money loans and bridge loans are often times cheaper alternatives to more traditional financing mechanisms.
DiscountingWhen banks change their lending criteria they will offer discounts to incentivize you to pay off your loan now, which we can fund.
Our process is straightforward - all that we require is a one-page application. We lend to non-owner occupied properties.
Bridge loans, individually structured loans, traditional structures, partnerships, syndicated loans, and more.