Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.
Uses of proceeds include:
Our bridge loans are tailored to meet your specific needs, and offer such features as:
Interest rates on our bridge loans are structures around the value of the property used as collateral.
Documentation Required for Term Sheet
Guildelines | Criteria |
---|---|
Loan Type | Senior first mortgage loans only |
Loan Amount | $1M |
Maximum Term | Up to 3 Years |
Amortization | Interest Only |
Origination Fee | 1.5% + |
Loan to Cost | Up to 90% |
Stabilized Target Loan to Value |
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Other |
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Property Types | Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, strip centers |
Minimum Credit Score | 650 or higher |
Liquidity/Net worth | 15%/% 100% of loan amount |
Rates | 9.9%+ |