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DLP Loan Criteria
| Loan Type: |
Property Acquisition, Note Acquisition, Discounted Payoff |
| Loan Size: |
$2 Million - $10 Million |
| Interest Rates: |
Starting at 9% |
| Origination Fees: |
Starting at 2% |
| Closing: |
As Quick as 5 Business Days |
| Property Types: |
Most Property Types Considered (Excludes Healthcare, Hospitality and Raw Land) |
| Location: |
California, Arizona, Nevada, and Texas |
| Loan to Value (LTV): |
Up to 75% |
| Loan to Cost (LTC): |
Up to 100% |
| Lockout: |
Varies with term and transaction circumstances |
| Prepayment: |
Deal by deal basis |
| Loan Term: |
Typically 12 months plus extensions |
| Lien Position: |
First Deeds of Trust |
| Non-Recourse: |
Available on a deal by deal basis |
Please note that we cooperate with the brokerage community.
For more information about the DLP, please contact Elliot Shirwo at (323) 677-0550, extension 102, or elliot@bolouarssociates.com.
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