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DISCOVER LENDING OPTIONS

EASY & QUICK TO CLOSE

 
 

Description

Purchase and rehab of 1-4 and 5+ units and mix use properties.

Purchase and rehab of 1-4 and 5+ units and mix use properties.

Land acquisition & construction
(Preferred: built foundation or 30% construction completion)

Permanent refinance and/or cash out on 1-4 and 5+ units, mix use rental properties 

Experience Level

Any

Any

Some
(+2 deals in last 3 years)

Some
(+2 deals in last 3 years)

Borrower Type

Business Entity (LLC, Corp., etc.)

Business Entity (LLC, Corp., etc.)

Business Entity (LLC, Corp., etc.)

Business Entity (LLC, Corp., etc.)

Credit Score

620

620

620

680

Interest Rate

8% - 12%

9% - 12%

9% - 10%

4.75% - 6.75%

Points

1% - 3%

1% - 3%

1% - 3%

1% - 3%

Personal Guaranty

Yes

Yes

Yes

Yes

 LTPP 

75% - 90%

(Purchase Financing)

65% - 70%

65% - 70%

65% - 80%
(Unleased to Leased)

 LTC

90% - 100%

(Rehab or New Construction)

Up to 100%

80% - 90%

N/A

LTARV

60% - 65%

(Loan % to After Rehab Value)

N/A

70% - 80%

Up to 80%

Interest Reserve

$0
(3 months for limited/no experienced investors)

$0
(3 months for limited/no experienced investors)

$0
(3 months for limited/no experienced investors)

$0
(3 months for limited/no experienced investors)

Property Types:

Single & Multi-Family, Mixed-Use (50% residential), Condo & Modular

All Types Listed

All Types Listed

All Types Listed

All Types Listed

Pre-Payment Penalty

No

No

No 

Declining points:

3-2-1 (hard prepay)

Extension Available

Yes

Yes

Yes

No

Processing Fee

$1,500

$1,500

$1,500

$1,500

Loan Size

$150K - $3M+

$150K - $3M+

$150K - $3M+

$150K - $3M+

Loan Terms

6-24 months

6-24 months

6-24 months

30 Year Amortized

Bankruptcy
Foreclosure/SS/DIL

48 months

48 months

48 months

48 months

Restricted Geographies

AZ, DE, ID, NV, OR, MN, UT, ND, NE, VT, SD, AK, & HI.
Some restrictions in NYC, DC, Baltimore, and Chicago.

AZ, DE, ID, NV, OR, MN, UT, ND, NE, VT, SD, AK, & HI.
Some restrictions in NYC, DC, Baltimore, and Chicago.

AZ, DE, ID, NV, OR, MN, UT, ND, NE, VT, SD, AK, & HI.
Some restrictions in NYC, DC, Baltimore, and Chicago.

AZ, DE, ID, NV, OR, MN, UT, ND, NE, VT, SD, AK, & HI.
Some restrictions in NYC, DC, Baltimore, and Chicago.

House Frames

Park Rock Capital is an asset-based direct lender. 

 

We are able to assist you on your next real estate investment — quickly and competitively.

 

Our highly experienced team works with real estate investors throughout the U.S and lends across major U.S. metro markets.

GET LOAN AND FINANCING TODAY!