IS FINDING FINANCING FOR YOUR SMALL COMMERCIAL PROJECT AN EXERCISE IN THE UNUSUAL?
PRIVATE MONEY CAN PROVIDE THE SUPPORT YOU NEED, HELP YOU TO FIND YOUR BALANCE, ALLOW YOU TO GET THE JOB DONE
Call Fairfield and see what we can do for you
Our Programs:
- Commercial Loans - up to 75% LTV
- Renovation Loans - up to 75% LTV
- REO (and other under-market) Property Acquisition Loans - up to 75% LTV
- Raw Land Loans - up to 75% LTV
- Lots and Acreage with Utilities - up to 75% LTV
- Agricultural Loans - up to 65% LTV
- Construction Loans - up to 75% LTV
- Floating Home Loans - up to 75% LTV
- Manufactured Home Loans (on owner land only) - up to 75% LTV
- Seconds on Investment and Commercial Loans - up to 70% CLTV
- Foreclosure Bailout - up to 70% LTV
- Cash-out Refinancing - up to 75% LTV
- Seller Carry-backs - up to 75% LTV and 120% CLTV
- Bridge Loans - as short as 3 months
- Fast Closings - less than one week is possible
- Collection account service
Region:
Oregon, Washington, Idaho, Montana, Wyoming, Colorado and Alaska
Loan Amounts:
$10,000 to $5,000,000
Interest Rates:
10-15% on firsts
Term of Loans:
6 months to 5 years
Amortization:
Generally either: interest only for 1-3 yr. loans or 30-yr. amortization on loans up to 5 yrs.
Loan Fee:
Typically 5% of gross loan amount (this is our wholesale rate to broker)
Other Fees:
There is a document preparation fee ranging from $500 to $2500, depending on loan amount, and a collection account set up fee (averaging about $125)
Pre-pay Penalties:
Our loans generally do not have pre-payment penalties, but there may be a guaranteed minimum interest period (of 3-6 months)
For information on loans in OR, WA, WY, ID, MT, CO and AK, contact us at:
- Main Office: 3327 SE 50th, Portland, OR 97206
- NW Portland Office: 1522 NW 24th, Portland, OR 97210
- Phone us at (503)348-7011 or toll free at 1-800-510-2120
- Email us at info@altfunding.com
- Or visit us online at http://www.altfunding.com
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