Foreign National Loans

Foreign National Loans

Equity Cap Lending is a Direct Nationwide Private Money Lender that Funds Non Owner Occupied Residential Real Estate Loans that are secured against Single Family, 2-4 Multi Units. It is so clear today that Residential banks that offer Fannie Mae & Freddie Mac Loans really do not like to lend against Investor Residential Real Estate., especially to professional active investors with under leveraged portfolio's & Those Fannie Mae and Freddie Mac loans take too long and require mountains of paper work, Or is your current lender is dragging their feet, Then gives us a call now! 

Loan Terms

TERMS

Residential Bridge Loan

Rates 7.25% - 13.99%
Loan To Purchase Up To 80.0%
Loan To Value Up To 75.0%
Location Almost Nationwide
Combined Loan To Value CBC
Loan Amounts $50,000 - $10,000,000+
Loan Points Depending on the Strength of the File, Borrower Experience, Exit Strategy & Etcs..
Property Types Non Owner/Rental SFR, 2-4 Units, Condos, Town Homes, PUD
Lien Position First (1) Trust Deed or Mortgage Only
Evaluation Process Appraisal or Alternative from our Vendor List. (We can take a 3rd Party Appraisal CBC)
Vesting Corporation, LLC, LP
Loan Purpose Purchase, Cash Out, Rate & Term Refinance
Minimum Fico 620***
Title Seasoning None
Pre Payment Penalty None
Interest Reserve Requirement Depends on the File, Case By Case
Purpose of Loan Business, Commercial Only (No Consumer Loans)

ADDITIONAL TERMS

Additional Terms

Late Pays on your Mortgages 0x30 in the last 12 Months
Foreclosures None in the last 36 Months
Short Sales None in the last 36 Months
Size $2MM – $15MM
Term 12 – 60 months
Extension Options Yes
Starting Origination Fee 1%
Starting Exit Fee 0 – 1%
Amortization Interest Only
Lockout / Prepayment No Lockout / 12-Month Min. Interest
Max LTC 85%
Max LTV 80%
DSCR Requirement None
Debt Yield Requirement None
Occupancy Requirement None
Product Types All Major Commercial Product Types Including Mixed-Use & Special Purpose
(No Raw Land, SFR, or Ground-Up Construction)
Markets Nationwide

REQUIRED DOCS

Starting Floating Rate L+999
Starting Floor Rate 12.99%
Recourse Non-Recourse
Size $500K – $3MM
Term 12 – 60 months
Extension Options Yes
Starting Origination Fee 1 – 2%
Starting Exit Fee 0 – 2%
Amortization Interest Only
Lockout / Prepayment No Lockout / 12-Month Min. Interest
Max LTC 85%
Max LTV 80%
DSCR Requirement None
Debt Yield Requirement None
Occupancy Requirement None
Product Types All Major Commercial Product Types Including Mixed-Use & Special Purpose
(No Raw Land, SFR, or Ground-Up Construction)
Markets Nationwide

Investment Options for You to Compare

Real estate-backed investments can be an important part of building a diversified portfolio. At the same time, there is not a one-size-fits-all way to invest passive real estate-backed investments. Whether you’re a seasoned real estate expert or completely new to real estate investing, we are here to find the approach that’s right for you.