Current Rates
The current rates will be updated regularly.
Click here to download the Rate Sheet below
Rates, Terms, and Misc Fees
(Rates are subject to change at any time and without notice.)
Commercial, Investment (Non-Rehab), Raw Land (developed or undeveloped):
| Interest Only Bridge Loan: |
|
Rate (Annual) |
Origination Fee |
Prepay
(based on original loan amount)
|
| 36 month interest only |
|
13.500% |
1.5% - 2% |
3% Months 1 - 12
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2% Months 13 - 24
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1% Months 25 - 30 |
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0% Months 31 - 36
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| Term Loan Programs: |
|
Rate (Annual) |
Origination Fee |
Prepay |
| 5 Year Balloon (15 yr amor) |
|
13.250% |
1.5% - 2% |
5% Months 1 - 12
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3% Months 13 - 24 |
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2% Months 25 - 36 |
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0% Months 37 - 60 |
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| 10 Year Fixed |
|
13.000%
|
1.5% - 2%
|
5% Months 1 - 12 |
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3% Months 13 - 24 |
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2% Months 25 - 36 |
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0% Months 37 - 120 |
Non-Rehab Closing Costs and Other Standard Fees (may vary):
| 1%-2% |
Referral Fee to Broker (paid by borrower at closing, if applicable). |
| $250 - $600 |
Broker's Opinion of value (varies by property type) |
$300 - $450 (actual)
|
Attorney fee to draw our docs |
| $375.00 |
Processing Fee |
| $400.00 |
Underwriting Fee |
| $125 |
Lender Inspection Fee |
| Actual |
Pre-paid Interest, escrow for taxes, insurance... |
| Plus all 3rd Party Fees |
(Title policy / fees, recording fees, survey...etc). |
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