Fix and Flip
Max LTV
65% of After Repair Value (ARV)
Max LTC
80%
Rate
11% Interest Only Payments
Term
6-Months
Origination to Lender
5 points
Fees
$990 Processing, Legal, Inspection
Prepayment Penalty
None
Initial Draw
After Deed Recorded
Other
Term Extension Available
Standard Purchase or Refinance
Max LTV
65% of "As-Is" Value
Max LTC
80%
Rate
11%
Term
6-Months
Origination to Lender
5 points
Fees
$990 Processing, Legal, Inspection
Prepayment Penalty
None
Other
1-Year Term Available
   
     
 
Long-Term Mortgage (2/28)
Max LTV
65% of "As-Is" Value
Max LTC
80%
Rate
11.5% Interest Only Payments
Term
2-year adjustable, 30-year term
Origination to Lender
5 points
Fees
$990 Processing, Legal, Inspection
Prepayment Penalty
2-year, 2%
Other
Appraisal and Appraisal Review Required
Ground Up Construction
We will look at construction deals on an individual basis.  Borrowers can expect a maximum of 65% of finished value and must have 20% cash into the deal.
       
  All Pinetree loans are made for commercial or business purposes only and are based on a maximum 65% Loan to Value (LTV) of actual value.  For projects that include a “value add” or improvement component, that maximum LTV is based on finished value.   We also require a minimum of 20% cash into all transactions, meaning we will fund up to 80% of purchase price and project costs. We will not fund or consider 100% deals or consumer loans. Contact us to see how we can customize a loan to fit your needs.