We control all of our loan decisions related to the loans we originate. We deploy our own funds on select projects as it is available and also manage multiple capital sources to provide the very best options and flexibility for our borrowers.

Unfortunately for all of our loans, we must be in the first and only lien position. With a seller holdback, we cannot lend unless we pay off the seller holdback lien and then we can refinance into a new loan where we are the sole and only lien holder.

Trust can be complicated to lend on or refinance with but we can look at the trust documents on a case-by-case basis and determine what challenges or if it would preclude us from lending to one. The trust would be required to be irrevocable in all cases if we were able to lend to one.

We cannot lend to a personal name due to our loans being commercial loans. We can only lend to an entity i.e. LLC, S-Corp, C-Corp, etc…

Our term and bridge loans will allow for commercial properties but only 5+ unit multifamily and mixed-use where more than 50% of the property is made up of residential units and is over $250,000. We do not lend on pure commercial or special-use properties.

Our minimum loan size is $100,000. We will lend sometimes below $100,000 on a case-by-case basis from $75,000-$100,000 depending on the deal structure and location. Our rental DSCR loans require a minimum of $100,000/unit for a refinance/purchase with our term loan program.

Typically, it takes 3-5 business days. The process can be expedited, especially as we accumulate more draws and collaborate on additional deals. Additionally, there may be occasional delays from the time we initiate the inspection request to when the inspector schedules the inspection and coordinates payment for the report, which is sent to us for final review.

We do not fund construction funds upfront. Depending on your relationship with your contractors we will reimburse completed work. As you complete the work, you can request a draw reimbursement once we get the inspection.

Yes. Prior to closing, we will responsibly source the funds that will be needed to close on the property and also get through the project without running out of money. The funds would need to be moved into a personal or business bank account prior to closing. For our Rental DSCR, there is a 3-month seasoning period for all funds to be in your accounts.