Copyright 2018 Capital Palm Partners, Inc. All rights reserved.
Capital Palm Partners, Inc.
8546 Palm Parkway, Ste 240, Orlando, FL 32836
T:) 407-278-1466 | Email: firstname.lastname@example.org
Hard Money Loans
Term: Up to 5 years.
Loan To Value: Up to 75%.
Rates:From 9% per annum.
Fees: As low as 3%.
Loan Size: $1 Million - $50 Million
Collateral: Real estate and liquid assets.
Multifamily, Condo, Office, Retail, Hotel,
Industrial, Mixed-use, Land.
Loan Amount: $5 million +
Loan Term:1 to 3 years.
Amortization: Case-by-case basis.
Min. DSCR: 1.10 “As Is”; 1.20 – 1.25 /exit
Lower DSCRs considered if payment supported by pre-funded interest reserves or guarantees
LTV: Up to 80%
LTC: 80% as measured by new cash equity in the transaction
Interest Rate: Generally 6-9%
Recourse: Standard carve-outs
Eligible Properties: Multifamily, office, retail, industrial, hospitality and student housing projects located in strong markets with positive demographic, population and employment trends
Tax & Insurance Escrows: Deposits Req.
Reserves: Monthly deposits required
Prepayment Generally permitted
Bridge & Hard Money Loans
Typical closing time: 7-21 days