Terms & Fees

Commercial & Investment (non-rehab)

Available Terms: Payment based on:
Rates:
Points:*
Penalty:
12-24 Month Balloons Interest Only 13.5% – 14.25% 1.5% – 2.5% No
60 Month Balloons
With 15-Year Amortization
Principal & Interest 13.75% – 14.5% 1.5% – 2.5% No
* Plus broker points, if applicable

Residential Fix and Flip Investment

Available Terms: Payment based on:
Rates:
Points:*
Penalty:
12 Month Balloon Interest Only 14.25% 1.5% – 2.5% No
* Plus broker points, if applicable

 

Other Fees

$250 – $750
BPO (Broker’s Price Opinion)depending on property type, location
$500-$750 Lender Attorney Fee to review and approve all corporate entity docs
$400-$500 Lender Attorney Fee to draw lender closing documents (per lien)
$1,000-$1,500 Lender fee for processing, underwriting
Actual Prepaid interest, escrows (taxes and insurance), etc.
3rd Party Fees related to title, recording, survey, and appraisal (if applicable)
All rates, points, and fees are subject to change without notice

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