Example Property Loan Types and Terms
Our expertise and direct financing sources allow We Lend Money™ to structure short term and long term loan options for a variety of different property types including:
• Single Family Flips
• Multifamily Residential/High Rise
• Garden Apartments with or without retail
• Office / Medical Office
• Mixed Use
• Bulk REO Transactions
• Residential Condominium conversion rehab projects/unsold condominiums
• Anchored Retail / Shopping Center
• Industrial / Manufacturing
• Warehouse
• Flagged Motel, Hotels, Extend-Stay Hotels
• Student Housing
• Self-Storage Facilities
• Mobile Home Parks
• Parking Garages / Surface Parking Lots
• Special Use – Restaurant/Bar, Car Wash, Gas Station, Casino, Entertainment
First Mortgage Flips
Loan to Value Ratio Up to 75%
Interest Rate: 12% – 18%
Term: 6 months
Amortization – Interest Only
Lender Fee 4 – 6 Points
Exit Fee – None
Extensions – Yes
Extension Fee: 1 Point per month
Borrowing Entity: Special Purpose Entity
Purchasing Distressed Debt
Loan to Value Ratio Up to 75%
Interest Rate: 7% – 12%
Term 1 – 5 Years
Amortization: TBD
Recourse: TBD
Lender Fee: 3 – 5 Points
Exit Fee: None
Extensions: Yes
Extension Fee 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity
Financing Third Parties
Loan to Value Ratio: Up to 75%
Interest Rate: TBD
Term: 1 – 5 Years
Amortization: TBD
Recourse: TBD
Lender Fee: 6 – 12 Points
Exit Fee None
Extensions: Yes
Extension Fee: 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity