Fast Deployment of Capital (Hard Money)
We are aggressively looking for loans in the $100,000 to $1,500,000 range. All loans must be for business or investment purposes and they can be for purchase, refinance, credit line, construction, renovation, project completion or a bridge loan if needed. Most loans will close in 7 business days once we receive a full package. Details on our program below:
Types of Properties.
- Land
- Multi-Family
- Single Family
- Condo
- Co-op
- Mixed Use
- Office
- Warehouse
- Retail
- Convenience Store
- Light Industrial
- Gas Station
- Special Purpose
States to lend in:
- Delaware
- Maryland
- District of Columbia
- Virginia
- North Carolina
- South Carolina
- Georgia
- Florida
Loan Parameters:
- Bridge Loan #1, one year or less, 18% and 6 to 8 points with no prepayment penalty. Max LTV 50%
- Bridge Loan #2, up to 5 years, 18% and 6 points, with first year PPP of 12% and decreasing 2% evert 2 months. Max LTV 50%
- Both loans have interest only repayment terms with principle due at maturity.
- We will allow a (Combined Loan To Value ) CLTV up to 105% if it makes sense.
To submit your loan request send a 1003, credit report, pictures of the subject property to info@wisemancapitalgroup.com. Once we receive your loan information if we feel the deal fits within our guidelines a commitment to lend will be issued within 72 hours.
