Lending Criteria
After reading the lending criteria below, you may proceed to the Loan Request Form.
Loan Sizes: |
$250,000 - $15,000,000 |
Property Types: |
All commercial property types considered including loan and construction. Typical property types include land, residential subdivisions, single-family residential, condominium conversion and construction, apartments, industrial, office, medical office, self-storage, mobile home/RV parks and mixed use properties. |
| Purpose: |
Entitlement, development, construction, acquisition, rehabilitation, in-foreclosure, non-conforming, note hypothecations, stand-by commitments, bridge and cash-out. |
| Collateral: |
Primarily first mortgages. Will consider 2 nd mortgages on a case by case basis. |
| Region: |
Western United States and Hawaii with strong preference in California. |
| Note Interest Rates: |
10- 14% |
| Loan to Value Ratio: |
Land 50%; Other up to 70% |
| Term: |
6 months to 5 years |
| Prepayment Penalty: |
None |
| Personal Guarantees: |
Non-recourse loans made on case by case basis. |
| Third Party Reports and Expenses: |
No appraisal required. Borrower pays for third party reports as needed such as environmental, soils and engineering, as well as closing costs. |
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Below are the General Credit Authorization and Loan Request Check-off Lists.
These lists are provided for your convenience and assistance to assure a smooth transaction.
You will be directed to these lists upon your completion of the loan request form.
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General Credit Authorization: |
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Check-off lists that are
specific to your loan
request type: |
 Apartment Properties
Condo Conversion
Condominium Unit
Entitlement Check List
Hotel Hospitality
Mixed-Use Property
Office, Retail or Industrial Building
Parking Garage
Special Purpose Properties
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Supplemental check-off list: |
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To request a loan, please Click Here.
