Lending Parameters
The following lending parameters provides a general guideline:
| Item | 1st Trust Deed Security | 2nd Trust Deed Security |
|---|---|---|
| LOAN AMOUNTS | $100,000 – $2,000,000 | $100,000 – $500,000 |
| INTEREST RATES | 8.25% TO 9.95% | 10.30% – 11.95% |
| LOAN TO VALUE | UP TO 60% LTV | UP TO 65% LTV |
| ORIGINATION FEE | 2.0 POINTS | 3.0 POINTS |
| LOAN TERM | 6 TO 24 MONTHS WITH EXTENSIONS AVAILABLE | |
| CLOSING TIME | 3 TO 10 DAYS DEPENDING ON THE NATURE OF THE LOAN | |
| RECOURSE – PERSONAL GUARANTY | NOT REQUIRED | |
| VALUATION & PROCESSING FEE | $1,850 | |
| LENDING AREA | THROUGHOUT THE U.S. WITH A FOCUS ON CALIFORNIA & TEXAS | |
| TYPES OF LOANS | PURCHASE, REFINANCE, AND CASH-OUT | |
| PROPERTY TYPES | NON-OWNER OCCUPIED RESIDENTIAL, MULTI-FAMILY, OFFICE, INDUSTRIAL, ENTITLED LAND | |
