Mike Richards | 781-953-1668 | [email protected]
Property must be located in Middlesex County or Essex County, Massachusetts
Max $1,000,000 per project
Max One-Year (Will consider excess of one year for new construction)
Loan to Value:
Max LTV 80% (Will provide 100% plus construction costs with additional non-owner occupied collateral.)
No payments required until loan maturity. No prepayment penalty.
1-4 Unit Residential Properties | Townhouse | Condo | Mixed-Use
Not Required | Asset Lending Only for Non-Owner Occupied Properties
Ability to Close in ten days.
Upfront Fee ($725):
Title Search: $175 | MLC: $50 | Appraisal (if required): $500