Hard Money Loans from Rate1st.com

• Rates as low as 9%
• Super Fast Turn-Around
• As Fast as 9 Days for Closing
• Up to 65% Loan-to-Value Ratio
• Commercial Property Acquisitions & Refinancing
• Development and Construction
• Bridge Loans
• Bank Workouts
• Hard Money 
• Bankruptcies & Foreclosures

TERM:
Flexible loan term up to several years or more

PREPAYMENT:
Loans may be repaid at any time without penalty.

USE OF PROCEEDS:
Loans are made for business purposes only.

LOAN TO VALUE:
Loan amounts can be up to 50-65% of the disposition value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages.

RATES:
Rates vary from 9-18% per annum, interest only, depending upon collateral and loan structure. Internationally, rates vary from 12-21%, depending on country.

EQUITY:
In lieu of equity participation, a fee of 1-4%(U.S. only) of the loan amount may be included in the loan.

LOAN SIZE:
From $1 Million to $100+ Million nationally. Must be at least $5 Million for international loans.

COLLATERAL:
Real estate and other fixed or liquid assets