Loan Specifications

  • Collateral: Multi Family.
  • Lending Area: Texas only.
  • Terms: 1 – 2 years.
  • Amortization: interest only.
  • Loan Amount: $500,000 - $5,000,000.
  • Maximum LTV: 65%.
  • Interest Rate: 12% - 14%.
  • Origination Fee: 2 – 4 points at closing.
  • Position: 1st lien only.
  • Closing Time: as quickly as 1 – 2 weeks.