Aquisition and Development / Hard Money

We have numerous sources of capital for aquisition and development loans and Hard Money. Our basic guidelines are below however every deal is different and will be looked at and underwritten according to its strengths. For more info please call to speak with one of our account executives.

Loan Size: $5,000,000 to $200M

Property types: Every property type considered excluding raw land, non-profits, residential developments and church organizations

Max LTV: 65% loan to value for our hard money program

                  75% loan to cost for our aquisition and development program

Terms: 1 to 5 years primarily interest only

Rates: ranging from 7-13% depending on strength of transaction

Points: Range from 1 to 3 depending on strength of transaction

Currently not lending in Michigan