Our loan guidelines will vary from loan to loan, but will generally fall within the limits described below:
|Region and Property Type||
Commercial, Business and Investment Properties Only: Alaska, California, Colorado, Florida, Idaho, Georgia, Montana, Nevada, New York, Oklahoma, Oregon, Texas, Washington, and Wyoming.
All Property Types: Alaska, Nevada, Oregon
|Loan Amounts||$50,000 minimum, no maximum|
|Interest Rates||10 - 13% (typically 11%) on firsts|
|Term of Loans||1 - 5 years|
|Broker Fee||Typically 5%, but may vary based on particulars of the loan|
Note: Depending on the location of the property and the circumstances of the loan, a property inspection fee may be charged in addition to the above fee estimate.
*We charge a document preparation fee ranging from $675 to $2,900 depending on the loan amount, and a collection account set up fee equal to $470 plus $1 for every $1000 of the loan amount.