A Bridge Loan With No Upfront Fees!
If you are looking for a reliable source of capital that can help you close a loan in as little as two days, then please read further.
We have access to a privately-owned equity program that is designed for anyone needing a fast closing and they have credit issues. Loans will usually fund in 2 days once a full package has been received. Our bridge and medium term loan starts at $100,000 and caps at $1,500,000.00. Our loan program will have a maximum loan to value of 50% and payments are interest only for the duration of the loan, with principal being due at maturity.
- Bridge Loan #1 is offered for one year or less at 18% and 6 to 8 points with no prepayment penalty.
- Bridge Loan #2 is offered for up to five years at 18% and 6 to 8 points with a first year prepayment penalty starting at 12% and decreasing by 2% every two months.
Our bridge loans will fund purchases, refinances, credit lines, construction, renovations, project completion and paying off other bridge loans. Most property types will qualify to include: multi-family, single-family, condo and co-op, mixed use, office, warehouse, retail, convenience store, light industrial, gas stations and special purpose properties. This program will lend to individuals, corporations, LLC’s, trusts and estates.
Properties located in the following areas will only be considered for this program.
Delaware, Maryland, District of Columbia, Virginia, North Carolina, South Carolina, Georgia and Florida.
Our lending process is simple:
- No seasoning requirements
- No upfront or commitment fees
- Summary appraisal required and you pay the appraiser directly
- Minimum credit score of 400
- Little or no documentation required
- All loans must be for business or investment purposes only
Wiseman Capital Group is changing the way hard money loans are done. If you have loan hard money loan request please submit (Executive Summary, 1003, credit report (if available), pictures of the subject property to info@wisemancapitalgroup.com .
