P.O. Box 685  Gorham, Maine  04038    207-281-3842  

Loan Types

As a direct hard money lender, all of the loans we offer are secured by real estate only.  From residential and commercial properties to purchases or refinances, we can help fund your next hard money loan.

Loan Types

Purchase
Refinance

Loan Purpose

Purchase – For Acquisition for Flipping
Renovation 
Land & Condo Development
New Construction

Property Types

Residential – Single Family (SFR and Condos)
Residential – Multi Family (2-4 Units)
Commercial – No unit limit
Land

General Loan Parameters

Loan Size: $40,000 – $400,000
Loan Terms: Up to 12 months
Payments: Interest Only
Origination Fees: 3-4 Points
Interest Rate: 13.49-13.99%
Loan to Value: Up to 70%
Closings: 7-10 Business Days
Underwriting: Collateral based lending.
Security: Secured First Mortgage and cross collateralization of other assets

*Loan Parameters can vary based on the complexity of each deal.