ICCC’s Private Mortgage Fund #1:
(California, Arizona, Nevada, Oregon, Washington, Colorado, Utah and Texas.) |
- Loans sizes from $1MM - $8MM
- Income producing Commercial (all types), Multi-Family/Apartments, Residential (non-owner occupied only), Broken Condo Projects (must not have any sold units in project).
- No Land or Ground – Up Construction.
- Borrower must have cash investment or long term equity in the property.
- Loan To Value up to the low 70% range.
- Bridge Loans with Terms from 4 to 24 months.
- Interest Rates from 12% to 14%.
- Loan Fees from 2.5pts to 5pts.
- Fast closing from 7 to 21 days.
- 1st Trust Deeds only.
|
ICCC’s Private Mortgage Fund #2:
(Southern California) |
- Loans sizes from $1MM - $15MM
- Income producing Commercial (all types), Multi-Family/Apartments, Residential (non-owner occupied only), Broken Condo Projects (must not have any sold units in project).
- No Land or Ground – Up Construction.
- Borrower must have cash investment or long term equity in the property.
- Loan To Value up to the low 50% to 60% range.
- Bridge Loans with Terms from 3 to 18 months.
- Interest Rates from 8.9% to 9.9%.
- Loan Fees from 2.5pts to 5pts.
- Fast closing from 7 to 21 days.
- 1st Trust Deeds only (subordinate financing allowed to 70% LTV).
|
Download either form, complete and Fax to (818) 475-1704 or send via email to
