The following information is the general Loan-To-Value criteria that we use on various property types. Although exceptions may be made from time to time when risk-mitigating circumstances present themselves,  For clarifying questions, please contact us.  All commercial properties considered Nationwide. 

We have 2 divisions of our company.  Bankable "A" paper and Hard Money Bridge or Swing Loans: The private side in which we have money "in-house" to lend on make since deals for those of you who fall outside of bank guidelines for one reason or another.  Income documentation can be less intensive as a bank however, is required on our hard money loans. Most Commercial loans are able to close quickly.  The interest rate, LTV, Term, and cost of the loan will depend on a few factors including:   Strength of the borrower, location and type of collateral, and EXIT strategy.  (how you will pay it back). There is a $100,000 minimum loan amount  -  There is no maximum loan amount.

The "bankable side" or 'A" paper side requires strong liquidity, high net worth, abiltiy to demonstrate proven income with tax returns, quality asset, and in a stable market. Bank side of Direct Money Lenders jointly underwrites and sells commercial notes to several capital parnters. We do not service these loans but, offer competitive pricing just like you would find at a local lending institution. (if they were lending).  Please feel free to browse our site for additional information regarding our commercial loans.

Purchase Commercial Properties: General rule is 65%. Exceptions to 80% may be made based if 20 - 30% cash down payments made by the borrower(s).  Current income characteristics and strength of borrower may influence LTV.  Personal guarantees typically required.  Seller is allowed to carry a second but, not included in the 10-20% from borrower.

Refinance - Cash out - Commercial Income Producing Properties: General rule is 65%. Exceptions to 80% may be made depending on location, experience, exit, and current income characteristics  Personal guarantees usually required.  Seller is allowed to carry a second.  Typical property types include:  Multifamily - Office - Retail - Warehouse - Self Storage - Assisted Care - Car Wash - Automotive - Gas Stations - Franchise - Mobile Home Park

Commercial Income producing properties guidelines - Land -

Acquisition and Development: 65% LTV on as-is value. Exceptions to 70% may be made with compensating factors and up to 80% after completed value.

Purchase Raw Land: General rule is 30 - 50% on raw land. Exceptions to 55% may be made based if significant % cash down payments made by the borrower(s). Zoning and exit may influence LTV.  

In fill or Ocean Building Lots: Typically 50% LTV on recorded lots, with exceptions to 60% if on the ocean or fantastic views on a case-by-case basis.

Rural Property:  Will be considered on a case-by-case basis.