Grace Capital Places Loans Nationwide
Our loan products offer flexibility on structure and pricing including
hold-backs, earn-outs, fees, interest only, non-recourse and prepay options
Vertical Construction Loans
UTILIZED BY BORROWERS FOR
Lowest Rate Multi-Family & MHP
Lowest Rate Commercial Properties
Low or No Prepayment Fees
Rolling Into Adjustable Rate Mortgage
Future Option to Increase Loan
B & C Property Loans
Single Tenant Properties
100% LTC Credit Tenant Leases
Priced 6% to 10%
Terms up to 3 yrs
$1 million to $75 million and more
Max LTV 85%
Pricing Subject to Complete Underwriting*
Age Restricted Rentals
Student Housing\Mixed Use
Mobile Home Parks
Construction Loan Overview
There are a mulittute of construction loan programs available, but unlike a perm loan that cab be pulled off the shelf and complete a few boxes to determine the loan amount and terms, construction loans take carefull coniseration and therefore you must talkt to an Account Exeutive to determine our level of interest and if wee can quote terms.
Here a few guidelines;
Location, Location, Location
Loan Type; We will consider all the major food groups;
Residential For Sale Subdivision
Mutli-Residial for Rent
All Income Property Types
Loan To Cost: Max 95%
Loan To Value: Max 85%
Can the client execute the business plan is more important than financial strength
Interest rates on are pegged to an increment above the current market rate for five-year and 10-year U.S. Treasury issues. Maturities of 10 and 20 years are available. Fees total approximately 3 percent of the loan and may be financed with the loan.
Eligible Property Types:
Office: Professional, Condominium, Medical, Dental and Veterinarian.
Industrial: Heavy and Light Manufacturing, Warehouse and R&D Flex.
Special Purpose: Self Storage, Assisted Living Facilities / Adult Care, Day Care Facilties, Restaurants, Funeral Homes and Hotels/Motels.
Maximum Loan Amount:
Up to $200,000,000
Non-REcourse is available for select projects
*Rates dependent upon term, leverage, amortization, and prepayment penalty.
Grace Capital Group REP Inc
Licensed under CA DRE #01987016
For Real Estate Professionals, Only