|
Region: |
Florida |
| Loan
Amounts: |
Up to $2,000,000 |
| Interest
Rates: |
9%-15% |
| Term
of loans: |
1
to 5 years, longer terms negotiable |
| Amortization:
|
Interest
only |
| Pre-payment
penalty: |
4/3/2/1,
but they are negotiable. |
| Lender
fee: |
Loan
origination fee between 2%-5% and a doc prep fee of $495
on every loan |
| Broker
fee: |
Free
to negotiate with borrower |
| Other
fees*: |
Depending
on the location of the property and the particulars of
the loan, a property inspection fee of $500 may be charged |
|
