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Asset based loan - low documentation hard money loan. Purchase, Refinance and Cash-out refinance to provide working capital for clients or to pay off high interest debt.
takes 2 - 3 weeks to close
Up to 75% loan to current appraised value
12-36 month terms
Interest rates 9% to 15%
1st lien position on real estate
interest only fixed monthly payments with balloon payment at end of term
All credit types considered, open bankruptcies ok
Low documentation loan - no tax returns or financial statements required!
Minimum loan amount $50,000
Most ALL Property types considered: Retail, Commercial, Office, Mixed-Use, Multifamily, Apartments, Condos, 1-4 unit Investment Residential (no owner-occupied primary residential properties considered), Warehouse, Self-Storage, Restaurants, Churches, Land (up to 50% LTV), Gas Stations, Industrial, Automotive, Hotels and Motels.
Available in all 50 states
Thanks and let me know if you have any questions about any potential deals. Typical Broker Commission is 1% to 2% of loan amount.
Sincerely,
Kenneth Williams
info@uptowncommercialcapital.com
888-609-3364
takes 2 - 3 weeks to close
Up to 75% loan to current appraised value
12-36 month terms
Interest rates 9% to 15%
1st lien position on real estate
interest only fixed monthly payments with balloon payment at end of term
All credit types considered, open bankruptcies ok
Low documentation loan - no tax returns or financial statements required!
Minimum loan amount $50,000
Most ALL Property types considered: Retail, Commercial, Office, Mixed-Use, Multifamily, Apartments, Condos, 1-4 unit Investment Residential (no owner-occupied primary residential properties considered), Warehouse, Self-Storage, Restaurants, Churches, Land (up to 50% LTV), Gas Stations, Industrial, Automotive, Hotels and Motels.
Available in all 50 states
Thanks and let me know if you have any questions about any potential deals. Typical Broker Commission is 1% to 2% of loan amount.
Sincerely,
Kenneth Williams
info@uptowncommercialcapital.com
888-609-3364
