How big can the loan be? Loan sizes by program

Before you build a deal around a loan amount, check the range for the program. Here is where each one sits.

Loan sizes

• Rental Loan (DSCR): $75,000 to $2,000,000 for a single rental.
• Rental Portfolio: $50,000 minimum per property, $72,000 minimum property value, and $2,000,000 maximum per loan.
• Fix & Flip: $50,000 to $1,000,000. Above $1,000,000 goes to an underwriter pre-screen, up to $3,500,000.
• Stabilized Bridge: $50,000 to $1,000,000. Above $1,000,000 goes to an underwriter pre-screen, up to $3,000,000.
• Ground-Up Construction: $50,000 to $1,000,000. Above $1,000,000 goes to an underwriter pre-screen, up to $3,000,000.

What the pre-screen means

On the short-term programs, a loan above $1,000,000 starts with an underwriter pre-screen, not a quote. If you are working at that size, send the scenario early so we can tell you if it fits.

Small balances

On the Rental Loan, leverage is capped at 75% where the unpaid balance is under $100,000. On Fix & Flip, interest accrues as funds are disbursed on loans of $100,000 or more. Below that, interest is charged on the total loan amount.

Fees

The Fix & Flip, Stabilized Bridge and Ground-Up pages publish a maximum of 5 total points on the transaction. Pricing is quoted per deal, so we do not publish a rate.

What to do

Check your loan amount against the program before you go under contract. If a deal sits near a limit, ask us first.

What to send us

The program, the property and the loan amount you have in mind. Send it as a scenario. It is a preliminary inquiry only. Pricing is quoted per deal.

Program figures are indicative only and subject to complete documentation, underwriting, appraisal and final credit approval. This post is general information, not financial or legal advice.