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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

Traditional Bridge Lending, Note-on-Note Financing, Note Acquisitions, Subordinate Debt & Mezzanine Financing, Preferred Equity

Experience Level

Any

Any

Some
(+2 deals in last 3 years)

Some
(+2 deals in last 3 years)

Any

Borrower Type

Business Entity (LLC, Corp., etc.)

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

N/A

Interest Rate

8% - 12%

9% - 12%

9% - 10%

4.75% - 6.75%

5.5% - 7.25%

Points

1% - 3%

1% - 3%

1% - 3%

1% - 3%

N/A

Personal Guaranty

Yes

Yes

Yes

Yes

No

 LTPP 

75% - 90%

(Purchase Financing)

65% - 70%

65% - 70%

65% - 70%
Unleased to Leased

N/A

 LTC

90% - 100%

(Rehab or New Construction)

Up to 100%

80% - 90%

N/A

Up to 80%

LTARV

60% - 65%

(Loan % to After Rehab Value)

N/A

70% - 80%

Up to 80%

N/A

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)

N/A

Property Types:

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

All Types Listed

All Types Listed

All Types Listed

All Types Listed

Multifamily, SFR (NOO), Student Housing, Office, Self-Storage, Mixed-use, Warehouse, Industrial and Retail (strong retail tenants)

Pre-Payment Penalty

No

No

No 

Declining points:

3-2-1 (hard prepay)

N/A

Extension Available

Yes

Yes

Yes

No

Yes

Processing Fee

$1,500

$1,500

$1,500

$1,500

N/A

Loan Size

$150K - $3M+

$150K - $3M+

$150K - $3M+

$150K - $3M+

$2M - $70M

Bankruptcy
Foreclosure/SS/DIL

48 months

48 months

48 months

48 months

N/A

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.

No Restrictions
Nationwide

Loan Terms

6-24 months

6-24 months

6-24 months

30 Year Amortized

6 months-10 years

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!