Private money loan products
Private Money is unconventional. By its very nature, it cannot be confined to a box. Please keep that in mind as you review the terms listed below. Our company thrives in our freedom to creatively underwrite real estate investments.
Private Money is also sometimes referred to as Hard Money or Bridge Loans.
Have an opportunity? Please don't hesitate to give us a call.
Private Money is also sometimes referred to as Hard Money or Bridge Loans.
Have an opportunity? Please don't hesitate to give us a call.
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General Underwriting Guidelines Must be non-owner occupied. Strong exit strategies are required. Credit checks, appraisals, and guarantees are NOT required. *Cross-collateralization is available for 100% financing! |
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Investment Types Acquisition Auction Deals Fix and Flip Projects *most popular, often paired w/construction financing Buy and Hold Projects Refinance / Cash-out Foreclosure / Trustee Sales and more... |
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The following terms are general and include all markets in which B.E. Lending lends.
For an official quote, please call or submit a request by clicking below.
For an official quote, please call or submit a request by clicking below.
RESIDENTIAL
Property Types1-4 unit, condo, SFR, townhome
Loan amount$10K - $15M
Loan Term6 months
*ext. options avail. |
Loan-to-Cost (LTC)80% max
Repair/Rehab LTC80% max
Interest Rate10.9% - 14.0%
*annualized |
Amortizationinterest only
FEESOrigination Fee: 0-2 points
Loan Fee: $500 Pre-Payment PenaltyNone.
*30-day minimum interest |
COMMERCIAL
Property Types5+ Unit Multifamily, Mixed Use
Loan amount$10K - $15M
Loan Term6 months
*ext. options avail. |
Loan-to-Cost (LTC)80% max
Repair/Rehab LTC80% max
Interest Rate10.9% - 14.0%
*annualized |
Amortizationinterest only
FEESOrigination Fee: 0-2 points
Loan Fee: $500 Pre-Payment PenaltyNone.
*30-day minimum interest |
1 North 1st Street
Suite 755 Phoenix, AZ 85004 MB 0930346 | NMLS 1359227 480-706-0260 |
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© COPYRIGHT 2015. ALL RIGHTS RESERVED.
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Bennett Capital, LLC, DBA B.E. Lending (NMLS ID 1359227). 1 North 1st Street, Suite 755, Phoenix, AZ 85004. Arizona Mortgage Broker License MB #0930346. B.E. Lending only lends for business purposes. B.E. Lending is either licensed or exempt from licensing requirements of all states in which it operates. Your specific facts and circumstances will determine whether B.E. Lending has the authority to approve loans in your specific jurisdiction. Consistent with Federal Fair Lending Laws, B.E. Lending does not discriminate based on race, color, religion, national origin, sex, age, handicap, marital status, familial status or because all or part of your income may be derived from any public assistance program.
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