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Rates
Property TypeMaximum LTVInterest Rate RangeLoan Terms
Raw Land50%10% - 12%Up to 5 years
Improved Land65%12%Up to 5 years
SFR's/Condos/Townhomes70%10% - 12%Up to 10 years
Apartments/Mixed-Use70%10.5%-11%Up to 5 years
Commercial/Industrial70%10.50%-12%Up to 5 years
 
 

Additional Information

Terms: All loans are fixed rate/interest only, with a balloon due at maturity.
We only make loans secured by good quality, real estate.
We have no minimum FICO score requirement; however, mortgage payment history and the quality of the collateral weigh heavily in underwriting.
We do make loans on raw land or improved land.
We do make loans secured by special use buildings or unique business properties such as restaurants, motels, gasoline stations, auto repair shops, etc.