Hard Money

Here are some of the things we do:

We are a family owned bundled service company who has 30 years of experience in anything real-estate related. If we can’t get it closed, then nobody can. Call us and let us help. 

 
Lending Overview:
 
Interest Rates: 9% – 12%
 
Amortization: Interest only
LTV: Up to 65% on income producing properties
Loan Terms: 3-60 Months
Closing: 1-2 Weeks 
Points: 1-5 
Loan Size: $50k to $1 Million
Credit: No Minimum Fico Score. All credit considered
 
Occupancy:
 
N/O/O (yes)
O/O (Full Doc & must show ability to repay, on case by case basis)
O/O Properties are subject to HOPA Federal Section 32
O/O with Homestead – Refinance – NONE
 
Income Type:
 
Full Doc – W-2 & Pay Stub or 1040’s,
Alt Doc – 6 Months bank statements
Stated Doc – Non Owner Occupied/Investment properties only
 
Loan Purposes:
 
Purchase(O/O & N/O/O)
Refinance (N/O/O)
Refinance Cash Out (N/O/O)

Collateral Types we "are" looking for:

SFR’s – 1-4 Units Residential: up to 65% LTV.
Condos: 50% LTV. – Town Houses: up to 60% LTV.
Warehouses: Up to 50% LTV.
Lite Industrial: Up to 50% LTV.
Office Buildings: 50% LTV.
 

Contact your account executive TODAY: 

Robert MacDougall

Direct – 305-677-7135

email – robert@choiceone.us