|Lender Name||Loan Amounts||Property Types||Loan Types||Max. LTV||Rates|
Los Angeles, CA
|$100K - $2M||Residential only||REHAB FIX & FLIP ONLY
75% Purchase, 100% Rehab
|75% ARV||9.99 - 12%|
|$50K - $1M||Land, Commercial||Purchase, Refi, Equity Cash Out, Land Development||70%||9 - 13%|
|$60K - $5M||Residential only||Investor Rehab, Fix & Flip, Purchase, Refinance, Cash Out||80%||10.99 - 12.99%|
|$500K - $3M||Commercial, Residential, Land||Purchase, Refinance, Bridge Loan, Rehab, Construction||70%||7.99 - 10.99%|
|$500K - $10M||Commercial, Residential||Acquisition, Equity Cash Out, Refi, Construction, Rehab, Notes||65%||6 - 9%|
|$1M - $15M||Commercial Only||Purchase, Refinance, Bridge Loans, Note Purchase||80%||9 - 12%|
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This 43 unit apartment building is located in a terrific location of Salt Lake City commonly known as the Sugar House neighborhood. After the death of a business partner, the borrower needed to reestablish some seasoning as sole owner; proir to traditional financing. The private lender structured the cash-out refi loan with some additional funds to take care of maintenance items, qualifying the property for the long term refinance. LTV 59%.