LTV's up to 65%
LTC up to 50% to 65%
Land Purchase, maximum 50% of purchase cost
Terms 6 mo to 36 months
Interest Only Payments
Pre Payment Penalties may apply
Rates from 9% and up
Lender Fee from 3% to 18%
Broker Fee 1% to 2%
Closing Times 30 to 90 days
Equity Participation maybe required for higher LTV/LTC structures
Non Refundable Application Fee $5,000 to $35,000 may apply
Refundable Commitment/Due Diligence Fee 1% to 3% of the loan amount may apply
3rd Party Vendor Fees extra (eg. Appraisal, Environmentla Engineering, etc.)
Domestic Projects - $1,000,000 minimum
International Projects $10,000,000 minimum