Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.
Uses of proceeds include:
Our bridge loans are tailored to meet your specific needs, and offer such features as:
Interest rates on our bridge loans are structures around the value of the property used as collateral.
Documentation Required for Term Sheet
| Guildelines | Criteria |
|---|---|
| Loan Type | Senior first mortgage loans only |
| Loan Amount | $1M |
| Maximum Term | Up to 3 Years |
| Amortization | Interest Only |
| Origination Fee | 1.5% + |
| Loan to Cost | Up to 90% |
| Stabilized Target Loan to Value |
|
| Other |
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| Property Types | Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, strip centers |
| Minimum Credit Score | 650 or higher |
| Liquidity/Net worth | 15%/% 100% of loan amount |
| Rates | 9.9%+ |
