Transactional Loans

As with our single family mini-perm loans, this product is perfect for the occupied and cash flowing property that is not quite ready for funding through a permanent or conventional lender. The loan term is 60 months (5 years) and can be paid off at any time without penalty.

Rates & Terms
Origination Fee 2% of Loan Amount
Interest Rate 12.0% (interest-only)
Term 30-day
*Excluding title, insurance, legal, etc.
Qualifications & Requirements Lender Specific Closing Costs
620+ Credit Score $450 Processing Fee
3 Months Bank/Investment Statements $350 Administration Fee
Liquidity = 20% Loan Amount on No-Cashflow Assets $50 Wire/Courier Fee
Two Years Tax Returns
Completed PIL Loan Application

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