Direct specializes in commercial bridge lending. Been turned down by other lenders, our internal underwriting isn’t about checking boxes. We will look to restructure your submission with common sense underwriting looking at your projections. There is value in every property, every business and every borrower. We can provide you the flexibility and options our business owner borrowers require and once stabilized we can provide a fixed rate bank loan.
Call 619-851-5012 or email Larry@benchmarkcapitalrealty.com we will call you within 48 hours to discuss your needs.
Property types :
Mobile Home Parks
Cash Out Refinance – Purchase
Arizona, California, Nevada, Hawaii, Illinois, Oregon, Washington, Colorado, Idaho, Montana and Utah.
- Quick Closings
- Quick Evaluation Requirements
- Limited Documentation
- Loans from $500K to $5 Million
- Borrower reviewed on a case by case basis
- Multifamily – Apartments:
Loan Term: 12 – 60 Months
Loan Type: Interest Only
Rates 7% – 10% Interest Only
Second Lien Available:
Rates 11% – 12% interest only
Points: 2% – 4%
Max LTV: 75%
Max CLTV: 75%
LTV/LTC may vary depending on property type, State.
Rates and Fees vary depending on loan amount and borrower credit based on lenders internal underwriting guidelines.