Residential Income:

Single Family Residential, Condos, TICs, or Multifamily 2-4
(Investor / Non Owner-Occupied)

Commercial: 

Multifamily 5+, TIC Development (SF Only), Mixed-Use, Urban Retail, or Warehouse/Light Industrial

Loan Amount

$100,000 to $4,000,000

Geography

California - Coastal metro preferred

Interest Rate

Starting at 8.25% fixed on 6 month terms

Term

6 to 36 months, Interest-Only (30-yr. amortization required for residential income properties)

Loan Origination

Starting at 0.75 points on 6 month terms

Doc/Proc/Underwriting Fees

From $1,995 

LTV - Purchase

Up to 75% on Residential Income, 75% on Multifamily Property, and 70% on Commercial Property

LTV- Cash Out

Up to 75% on Residential Income and 70% on Multifamily and Commercial Property

Loan-to-Cost

Up to 100% of Improvement Costs or 80% of Total Costs

Prepay

NONE, but 0-6 mo minimum interest guarantee

Loan Position

1st Deeds of Trust and

2nd Deeds of Trust (case-by-case)

Timing

Closings in as few as 3-5 business days