Hard Money Lending Terms

Residential & Commercial property Hard Money lender

Financing

1031 exchange solution, short term debt, bridge, credit restauration

• Rates from 10% to 25% IO payments.
• Loan amount from $10,000.00 to $5 million.
• Points from 2 to 6.
• Terms from 12 to 60 months.
• Construction & Rehab loans up to 100% LTC at 65 LTV of the ARV.
• Land loans up to 50 LTV.
• Residential refinance up to 65 LTV, purchase up to 85 LTV.
• Commercial refinance from 70 to 75 LTV.
• We are NOT CREDIT driven up to 65 LTV.
• Lender and Broker’s
• Lender or Broker fees is 2 to 5%
• Amortization:
• Interest rate is only through anticipated repayment is depending on the loan term.
• Closing:
• 7 days Up to 30 days base on the loan submission
• Subordinate:
• Mezzanine. Cross Collateralize, Seller seconds. Etc. are allowed.

Recourse:
Full guarantees of all principals whom own 20% or more of the business. JEBENA, INC may request individuals with less than 20% ownership to guarantee the note should the loan request deem extra strength to the transaction.

Collateral Types & LTV:
Hotels/Motels (flagged and stabilized-up to 65%)
Auto Repair/Mechanic Shops (up to 65%)
Gas-Stations (up to 65%)
Owner-Occupied Facilities (i.e. Day Care, etc. up to 65%)
Marinas (up to 65%)
Vacant Properties (up to 65%)
Office Buildings (up to 75%)
Apartment Buildings (up to 75%)
Mixed-Use (up to 75%)
Shopping Centers (up to 75%)
Warehouses (up to 75%)
Multi Family (up to 75%)

Secondary Financing:
Secondary financing is permissible upon approval

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We are a private hard money lender