Loan Guidelines

Loan Types

  • Renovation Loan – Fix & Flips / Fix & Holds / Condo Conversion
  • New Construction – Ground up
  • Commercial Bridge

Property Types (Non-Owner Occupied)

  • Single Family
  • Multifamily
  • Mixed-use
  • Commercial

Loan Parameters

Borrower Profile:

Builders, Flippers, Investors, and Real Estate Developers

New Construction:

Yes! – We Fund 100% of Construction Costs

Loan Size:

$150,000 – $3,500,000

Loan Term:

12 – 18 months – Extensions Available at Lender Discretion

Lending Areas:

Massachusetts, Florida, New Hampshire, Rhode Island, Maine (other states on a case-by-case basis)

Interest Rate:

as low as 10% – Interest Charged on Outstanding Balance

Origination Fees:

As low as 2% – split 1 upfront and 1 at Exit

Loan To Value:

Up To 75% – As-Renovated

Payment:

Interest Only / Payments Due Every 30 Days

Closing:

Close in as little as 5 – 7 Days – Subject To Clean Title

Collateral:

First Mortgage, Real Estate Only

Credit Requirements:

Borrower Friendly Credit Requirements

Documentation:

Stated Income / Stated Asset

Appraisal:

Not Required unless a Commercial Property

Your Title Goes Here

Easy application process that can be completed in minutes

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Fast approval and money in your
hands as soon as 2 days

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Payment plans that only charge
interest on the money drawn

RECENT TRANSACTIONS

Recent Projects Funded by EMCAP Lending

Loan Amount: 

$2,220,000

Loan Type:

Commercial Bridge

Property Location:

Cape Cod in Massachusetts

Loan Amount: 

$525,000

Loan Type:

Renovation Loan

Property Location:

Southern Maine

Loan Amount: 

$157,500

Loan Type:

Commercial Bridge

Property Location:

Southern Maine

Loan Amount: 

$605,000

Loan Type:

New Construction

Property Location:

Southern Maine

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