We do a lot of these loans and can offer you a 12% interest rate. We lend up to 70% loan to value ratio and bad

Transcription

1 PRIVATE MONEY FINANCING LOAN PROGRAMS TEXAS REHAB LOANS PROGRAM HIGHLIGHTS Clse in as little as 3 days N Survey Required All types f residential real estate Lan amunts between $25,000 and $1 millin Stated incme and stated asset prgrams. N incme verificatin. N FICO Minimums Purchases and refi's Will lend as much as 95% f purchase price and 75% f rehab n purchases Cmpetitive hard mney rates: 11.99% interest rate, 2 4 pints plus dc fees and n hidden csts NO prepayment penalty Sleep better with lnger terms! 5 Year balln n all lans! * BUY AND HOLD LOANS Get a 12% interest rate with ne f ur investr buy and hld lans with a 5 year balln. Bad credit is k and we lend up t 70% lan t value rati. *Hustn Rehab Lans ($45k minimum $500K max) We d a lt f these lans and can ffer yu a 12% interest rate. We lend up t 70% lan t value rati and bad credit is OK. Cde: DRNx45RH PROGRAM 2 Prperty type: Cmmercial lans n 1 4 Family investr prperties and small apartment buildings. Larger Cmmercial lans financed in ur Cmmercial Hard Mney Divisin. Lien psitin: First mrtgage nly. Standard term: 6 mnths with mnthly extensins up t 12 mnths. Advance rate: Up t 100% f the ttal prject csts, subject t 65% f the After Repaired Value. Reserve accunt applies. Renvatin funds: Renvatin funds are usually advanced in ne t three draws, and wired directly t yur accunt. Rehab prtin f the lan typically nt t exceed 100% f acquisitin cst unless therwise apprved.

2 Clsing csts: Up t $1200 f clsing csts (i.e. title insurance, recrding fees, etc.) can be financed as part f the lan prceeds. Guarantee: Persnal guarantee required. Qualifying dcuments: Investr Assessment Frm Lan dcumentatin: (Fr Each Lan) Purchase Agreement Summary f Rehab Wrk t be Cmpleted After Repair Value Appraisal (Obtained by lender) Title Plicy (Obtained by lender) Deal Submissin Frm Pictures f Rehab Prperty Hme Inspectin 3 mnths f Bank Statements 2 years f Tax Returns 3 Mst Recent Paystubs signed 4506 T quick funding: Once a brrwer has been apprved, funding f individual transactins is quick. N need t reapply fr subsequent transactins. Cde: BV638RHB PROGRAM 3 Rehab t Perm Investr lan prgram is a tw step lan prcess utilized by investrs t buy distressed residential real estate in need f repairs fr lng term rentals. The lan prvides up t 100% f the purchase price, repair mney and clsing csts. After the prperty is repaired and leased we can assists in arranging a lng term traditinal mrtgage. The lan amunt is based n the after repaired value f the prperty. These lans typically clse in 10 business days and the investr must qualify fr cnventinal financing. Prperty Types: 1 4 single family prperties Market: Hustn, Austin, San Antni and Dallas/Frt Wrth, Texas Lan Amunts: $50K $750K (Minimum $100K utside f Hustn) Term: 1 year Amrtizatin: Interest Only Rate: 12% Fees: 3% (can be rlled int lan if LTV allws) LTV: Up t 70% f the after repaired value LTC: Up t 100% Qualifying: Must be able t qualify fr cnventinal financing Recurse: Yes Cde: NBE79RH

3 PROGRAM 4 100% Financing, Including Repairs! Asset Based, Hard Mney Lending Up t 65% LTV's Rate 14% Minimum ARV $75,000 Interest nly 6 mnth terms Knwledgeable & Imaginative Multiple Brrwing Optins Lender pints 3% Single family Cde: CRHRHB001 CONSTRUCTION FINANCING Prperty SFR stick built nly. Appraisal based n maximum five acres with clse, recent and similar sld cmparable; nn rural. Lan limits: $50K t $400K Credit scres: Use the lwest mid scre f applicants. Five year seasning n all BK s. N reprting freclsures, shrt sales r deeds in lieu. Terms All lans fr cnstructin term nly, nt permanent. Interest nly payments based n grss lan amunt, due mnthly. Subject t Builder apprval. Cnstructin budget apprval. General ntes N land payff. Add.5%+ t fee fr debt subrdinatin (apprved case by case). Lt must be free and clear. Stated incme available fr spec builders nly. Call fr details tax frm required fr all prgrams. Call fr details. Cnstructin cmpletin prjects reviewed case by case nly; Lending Area: Arizna, Califrnia, Clrad, Gergia, Hawaii, Illinis, Indiana, Maine, Massachusetts, Michigan, Nrth Carlina, Texas, Utah, Virginia, Washingtn Cde: BSMK1965

4 PROGRAM 2 Cnventinal Financing fr Cmmercial Cnstructin lans Natinwide. Frm $500,000 t 50M + and Up t 100% LTC 75% 80% LTV. Prperty types and Lcatins Mst Cmmercial prperty types are cnsidered Must be in the path f grwth Greater than 15,000 ppulatin is preferred Cmmercial "fr lease" prperties Apartment Assisted care Self Strage Mbile Hme Parks Warehuse Office Retail Medical Single tenant cnsidered n case by case basis The Offer Prime plus.5 1% mnth cnstructin term One time clse Cnverts t 3 yr mini r 10yr perm at the end f cnstructin 2 3% lender fee Prperty must underwrite at 1:1 rati at clsing Typical year pre pay penalty Typical Brrwer Prfile Builder Develper Investr Experienced Prfessinal Requires strng brrwer credit net wrth liquidity Has several prjects in the wrks Bad credit will nt be turned dwn if yu have cash in the deal Next Steps Call us t discuss If yu pass the test yu will be required t submit: Executive summary explaining the deal n paper Lcatin map fixed price cnstructin cntract Pr frma prjectins Current Financials last 3 years persnal and crprate tax returns Resume f principals Purchase cntract Architectural renderings These are the straight frward cnstructin finance guidelines fr prperties such as Mbile hme parks, selfstrage, apartments, retail strip centers, warehuse, ffice and assisted care facilities Natinwide. Cde: DM155LCC

5 PROGRAM 3 Cnstructin Lans PROGRAM DETAILS ALL TYPES OF BORROWERS Individuals, Crpratins, LLC's, Freign Natinals Spec Cnstructin Nn FICO driven. Decisins based n the quality f the prject REALISTIC CONSTRUCTION PERIODS and... N prepayment penalties Refinance, r Sell the prperty at yur leisure FLEXIBLE DISBURSAL SCHEDULES Fast payments fr cmpleted line items PORTFOLIO LENDER Desn t sell its cnstructin lans LOANS FOR BUSINESS OR INVESTMENT PURPOSES ONLY. Lan Amunts: Up t $6,000,000 Lan t Cst: Typically between 60 and 65% (LTC) 000,000 Lan t Value: 50 t 60%, with exceptins t 65% Interest Rates: 9.99% Prepay Penalty: Nne FICO Scre Min: 625 Term: mnths (depending upn cnstructin perid required) Lien Psitin: 1st Lender Fees: 4 t 4 ½ pints Idah, Nevada $2,000,000 Alaska, Oregn, Texas, Utah $3,000,000 Clrad, Hawaii $4,000,000 Califrnia, Washingtn $ 6,000,000 Cde: CASF1200G

6 SENIOR / ASSISTED LIVING FINANCING This financing is NOT at HUD prgram. We have ne f the nly cnstructin lans fr Assisted Living Facilities that is nt dependent n HUD apprval. We have access t ALF funding frm $2,000,000 up t $50,000,000. The ideal range f funding where we see the mst success is frm $10,000,000 t $38,000,000. Assisted Living Facility Cnstructin Financing means that develpers can avid cstly delays assciated with HUD and USDA B&I prgrams! Avid the huge delays assciated with HUD apprvals N dealing with SBA 504 and CDC debentures and cmplicated funding strategies Deal with underwriters accustmed t the cnstructin lan prcess Draw requests, wrk rder changes and ther issues handled by prfessinals well versed in the needs f develpers and cnstructin lending. Ppular markets fr Assisted Living Facility lending includes; Atlanta, GA, Phenix, AZ, Charltte, NC, Jacksnville, FL, Austin, TX and Greenville, SC, Dallas TX. Other markets include Raleigh, NC, Ashville, NC, San Dieg, CA, and Chicag, IL. Lans fr Assisted Living Facility Cnstructin can be btained in many markets but these seem t be very ppular. Cnstructin financing fr Assisted Living Facilities usually takes n this cmbinatin with the cmmercial mrtgage funding the land develpment and building cnstructin funding and the business lan prviding the capital needed t get the equipment and business up and running. Cmmercial Lending s special Cnstructin Lan fr Assisted Living Facilities ffer: Lan Amunts: $10MM minimum, N max Lan t Cst 75% (LTC) Term: 5 7 Year Cnstructin t mini perm Amrtizatin: First 2 Years (cnstructin phase) is Interest nly, after that amrtizatin varies by strength f prject but mst prjects will receive 25 year amrtizatin perid. Rate: Variable r Fixed ptins Variable is WSJ Prime plus rughly 250bp r Fixed rate range is 6 7% Prepayment Penalty: Nne Recurse: Sme Persnal Guarantee typically required hwever this is negtiable depending n strength f deal. Spnsr can als Buy Dwn the recurse with higher Equity Participatin (lwer LTC) Lans that pay dividends fr yur business. We have all types f lans fr assisted living facilities and financing fr medical ffice buildings. Develpment lans, cnstructin lans, cmmercial business lans and Assisted Living Facility Purchase lans. Business lans fr medical ffice buildings and assisted living when cmbined with a small business lan r with equipment financing is ur specialty and we get them dne even when banks have said NO! Cde: DdAht220

7 PR0GRAM 2 SBA, CONVENTIONAL, FHA AND FANNIE MAE financing all ver the United States fr many types f Senir Living Prperties t meet the needs f ur aging ppulatin. *Rates starting at 3.25% **FHA PROGRAMS AT BOTTOM OF PAGE Lans frm $500,000 t (N Lan Limit) Purchase Up t 83% LTV Refinance Up t 80% LTV New Cnstructin Up t 80% LTCst (HUD) Up t 75% LTC Cnventinal Rehabilitatin Up t 83.3% LTCst Skilled Full Care Nursing Facilities Assisted Living Independent Living Senir Husing Adult Day Care Hspitals Other specialty care facilities Lcatins: Natinwide All 50 states Amrtizatin: 20,25,30,35, and 40 years FHA cnstructin lans cnvert int a 40 year, fully amrtizing fixed rate lan Lan t Value: % LTV Debt Service: DSCR n healthcare prperties is as lw as 1.2% Nn Recurse: Recurse lans usually nt required except fr SBA Lans and cnstructin (NO PERSONAL LIABILITY AND NO PERSONAL TAX RETURNS) Assumable: Yes, subject t lender apprval LOAN PROGRAMS (1) Healthcare Acquisitin r Refinance HUD (f) *$4 MM minimum Lan n maximum* Healthcare New Cnstructin r Rehab HUD 232 FHA Sr Assisted Living Sizing Spread Sheet (Excel) Fannie Mae Senir Living Husing *$2 MM minimum lan n maximum* (2) Fannie Mae Senirs Husing Financing Infrmatin (3) SBA Assisted Living *$500,000 minimum lan* SBA 7a Lans ($5 MM maximum lan amunt) SBA 504 (Maximum Lan $12 MM) MUST BE OWNER OPERATED Up t 90% LTV (4) Cnventinal $1 MM minimum Cde: NCPSLALNW

8 HOTELS FINANCING Bridge Financing Shrt t medium term capital fr htel acquisitins and recapitalizatins f existing assets. Ideal fr transitinal, nn stabilized assets with a value add cmpnent r situatins where a quick clsing with surety f executin is needed. Nte Financing First mrtgage capital fr htel wners r investrs t maximize returns thrugh the acquisitin f distressed debt secured by hspitality assets. Mezzanine Debt Financing Mezzanine debt t give a spnsr greater prceeds and g higher n the capital stack (LTV) than what senir cnventinal debt wuld allw. They are ideal fr pprtunistic purchases t minimize the direct cmmn equity required, recapitalizatins, financing PIPs and refinances where the principal amunt currently wed is higher than what senir debt lan cmmitments can be btained. Discunted Payff (DPO) Financing Shrt t medium term first mrtgage capital t spnsrs repurchasing their existing debt at a discunt t right size the amunt f debt n the asset. FIRST MORTGAGE BRIDGE LOAN PROGRAM REQUIREMENTS Eligible Cllateral: Typically branded, interir crridr, limited, select, and full service htels with between 75 and 300 keys, and nte purchases secured by same. Eligible Lcatins: Cntinental U.S. Purpse: Purchase, refinance, discunted payff, recapitalizatin, cnstructin cmpletin, nte purchase, etc. Transactin Sizes: $1 millin t $20 millin, higher n a case by case basis. LTV: Up t 70% f "as is" appraised value r actual purchase price. Security: First mrtgage lien n the subject prperty(s), assignment f all permits and apprvals, assignment f leases, UCC filing, r assignment and security interest in same n nte purchases. Ownership: Single asset, special purpse entity. Cmmitment Depsit: 1% f lan amunt (minimum $15,000) payable upn acceptance f Lan Cmmitment fr full underwriting, due diligence, site inspectin, 3rd party reprts, legal, title wrk, dcument preparatin, cmfrt letter, and clsing csts. Prepayment: 6 mnth interest guarantee. Interest Rate: Rates starting at 9.9% interest nly. DSC / Debt Service: <1 based n interest nly acceptable with quality pr frma & turnarund plan Recurse: Full persnal guaranty f spnsrs. Nn recurse available with cmpensating factrs. Lan Term: 1 5 yrs. Reserves: Real estate taxes, hazard insurance, replacement reserves, and mrtgage interest may be required. Underwriting Cnsideratins: Heavy emphasis n new equity capital t be funded in cnnectin with lan r additinal cllateral, cncentratin n value creatin, market analysis, spnsrship, and exit strategy. Third Party Reprts: MAI Appraisal, Phase I envirnmental, feasibility and thers if required r rdered by Lender at expense f Brrwer. Clsing Time: 2 t 3 weeks frm receipt f full package, applicatin acceptance and depsit remittance. Cde: HCDL193a

9 PROGRAM 2 Partners with wners by injecting capital int htel real estate and taking a passive preferred equity wnership stake. Preferred Equity Prgram Requirements Eligible Cllateral: Typically branded, interir crridr, limited, select, and full service htels between 75 and 300 keys, and nte purchases secured by same. Eligible Lcatins: Cntinental U.S. Purpse: Purchase, refinance, discunted payff, recapitalizatin, cnstructin cmpletin, nte purchase, etc. Transactin Sizes: Typically $1,000,000 t $10 millin, higher n a case by case basis Ownership: Single asset, special purpse entity. Preferred Equity Return: Typically a current pay rate + a percentage f wnership and assciated cash flw that varies accrding t prject plan & available cash flw. Minimum Levered IRR target: Varies per transactin. Minimum NOI %: Depends n market/prperty type/brand/etc. Cmmitment Depsit: 1% f preferred equity amunt (minimum $20,000) payable upn acceptance f Preferred Equity Term Sheet fr site inspectin, 3rd party csts, legal and clsing csts. Any remainder credited at clsing, r refunded in the event the deal is nt apprved. Buy/Sell Agreement: T be defined in the perating agreement Preferred Term: 3 5 yrs. Reserves: Real estate taxes, hazard insurance, replacement reserves, and mrtgage interest may be required. Underwriting Cnsideratins: Heavy emphasis n value creatin, market analysis, spnsrship, and exit strategy. Third Party Reprts: MAI Appraisal, Phase I envirnmental, feasibility and thers if required at expense f Spnsr. Spnsr Prmte: Occurs after specified IRR hurdles are met and tiered based n the success f the investment. Clsing Time: As early as 30 days frm receipt f full package, applicatin acceptance and depsit remittance. Cde: CHPE1665D

10 PROGRAM 3 We can prvide the best htel financing fr prperties wrldwide. Lan amunts n htel lans can range frm $500,000 t $1.3 billin. Fixed rates n htel lans are als available as well as htel lans with adjustable rates. Debt cverage ratis fr htel lans start at 1.10 and up. HOTEL PROGRAM PARAMETERS Lan Term: Lan maturities are nrmally ten years. Other maturities will be determined based n yur specific case. Lan Amrtizatin: 25 and 30 year amrtizatin Debt Service Cverage Rati (DSCR): DSCR f 1.35:1 dependent upn prperty type, physical cnditin, age, lcatin and cmpetitiveness f market psitin Lan t Value Rati: Up t 70% with Limited Service r up t 80% with Full Service f MAI appraised value cnfrming t FIRREA and USAO guidelines and up t 75% with limited service r up t 85% (full service) f lan t acquisitin cst (if applicable). Lan Escrws: The brrwer will typically cntribute mnthly t an escrw accunt fr real estate taxes and prperty insurance. The brrwer will usually als establish a mnthly capital replacement escrw reserve equal t the greater f I. 4 % f grss revenues r II an amunt t be determined by DBMC n the basis f an engineering reprt and DBMC s site inspectin. These reserves may be waived r capped depending n yur situatin. Cde: THLHLWLDW1

11 PROGRAM 4 Nn Recurse Purchase: $3 MM and up lan amunts 5 10 year term year amrtizatin DSC % LTV Flagged Limited & Full Service, Extended Stay Experienced peratrs Recurse Purchase $500 K Minimum Lan A. Purchase existing perating prperty May include:. Land / Building / Equipment / Gd Will. Operating Capital. Existing business B. Up t 85% CLTV SBA lan $500 K t $15 MM C. Requires a Star Reprt Refinance A. Rate and term B. Cash ut C. Requires a Star Reprt Cnstructin $3 MM minimum Land purchase Cnstructin cst Equipment Interest nly One time clse cnstructin t permanent lan Requires a Star Reprt and Feasibility Study Bridge and Rehab Lans (fr nn stabilized prperties) 1. Purchase 2. Rehab 3. FOREIGN NATIONALS Cde: NCPHM

12 COMMERCIAL AND RESIDENTIAL REAL ESTATE FINANCING $100,000 t $10,000, Family Investr Rehab Lans Premier Brrwer Plan: Min. 660 Credit Scre, 2 m. bank statements & paystubs (if emplyed) & last 2 yrs. tax returns Interest Rate: 12% ARV: Up t 70% Prepayment Penalty: Nne Typical Brrwer Plan: N Min. credit Scre, 2 m. bank statements & paystubs (if emplyed) Residential Interest Rate: 13% 14% ARV: Up t 70% Prepayment Penalty: Nne Multi Family r Cmmercial Prperty Lan Cmmercial Interest Rate: 14% 16% ARV: Up t 70% Prepayment Penalty: Nne Cde: D10MHLC PROGRAM 3 We Finance: Raw Land and Cmmercial Prperties! Prperty Type: Land and all cmmercial prperties. Residential lans in the Dallas market Lan Size: $100,000 up t $2,500,000+ Lan Term: 12 mnths Extensins are available Interest Rate: 14 17% Amrtizatin: Interest nly Mnthly Payments Lan t Value: Up t 65% Clsing Terms: We can clse in 5 7 business days Cde: DELCOM13

13 PROGRAM 4 Financing with the flexibility t meet the needs f brrwers. We have the experience t structure creative, flexible slutins fr real estate wners and develpers. Amunt: $100,000 t $10 millin Term: 30 days t three years, with extensins available Lan t Value: Up t 70% Exit: Must have planned takeut strategy Pricing: Deal specific depending n risk Gegraphic Fcus n Suthern United States Markets: Prperty Type: Land Office Retail Industrial Multi family Other STANDARD STRUCTURE The standard investment pprtunity cnsists f a nte and deed f trust in the 1st lien psitin that will encumber investment prperty wned by the brrwer. The standard terms f the nte are as fllws: One year maturity Mnthly interest nly payments Cmpetitive interest rates 70% lan t value fr mst real estate 50% lan t value fr land/lts Cnstructin funds are held in escrw Persnal Guarantee frm Brrwer r 3rd Party We will lend up t 70% lan t value, using the as is, after repaired, r after cmpleted value. The multiple lending services ffered by Stallin Funding makes them an integral partner t quickly finalize these types f deals. Thrugh regularly scheduled inspectins, Stallin Funding releases cnstructin funds after wrk is cmpleted and inspected. Cde: TSLxx6543

14 BRIDGE LOANS This Cmmercial Real Estate lending platfrm is very straightfrward. We prvide bridge capital fr either purchases r re financing. Whether an A paper lan r a Hard Mney lan, we have the ability t understand a deal very quickly. We are very capable and have the ability t clse in as few as 7 days r even less! If yu have an incme prducing cmmercial prperty and can substantiate the ability t service the debt and all expenses, we can prbably prvide a bridge lan until yu can arrange permanent financing. Lan Features Lans Frm $200, $5,000, Fast Clsings All cmmercial prperty types Up t 70% LTV (100% CLTV) Prperty incme driven (nt credit driven) Cde: FAGOP3132 PROGRAM 2 There is n apprval r set up prcess required t submit a lan request, and we can typically clse in abut tw weeks. We fund lans secured by cmmercial and investment real estate, including raw land, vacant buildings, mixed use, multi family, ffice, restaurants, retail, htel/mtels, and medical. Lending Area Prperty Type Cllateral Texas Cmmercial & Investment Real State First mrtgage Lan size $100,000 $3,000,000 Lan term Amrtizatin Up t 3 years Interest nly mnthly payments Lan t value Up t 75% Credit Scre > 550 Dcumentatin State incme & assets, prvide current financial statement Prepayment penalty Nne Use f prceeds Rates starting at Business use nly % + 4 pints Cde: TX0003BDL

15 LAND We Finance: Raw Land and Cmmercial Prperties! Lending Area: Texas Prperty Type: Land and all cmmercial prperties. Residential lans in the Dallas market Lan Size: $100,000 up t $2,500,000+ Lan Term: 12 mnths Extensins are available Interest Rate: 14 17% Amrtizatin: Interest nly Mnthly Payments Lan t Value: Up t 65% Clsing Terms: We can clse in 5 7 business days Cde: DELCOM13 PROGRAM 2 RAW LAND Natinwide Eligible Prperties: Purchase Refinance Cash ut Bank wned, REO prperties, ballning ntes, Trust deed, mrtgages Minimum Lan Size: $500,000 $5,000,000 Pricing: 12.99% 14.99% Interest nly 6% 8% Originatin pints (paid at clsing) Lan Terms: mnths frm initial investment Prepayment Penalty: Nne Persnal Guarantees: NO Nn recurse frmat Lan t Value: 50% AS IS maximum LTV As cmpleted LTV is nt typically cnsidered New Equity (cash) Requirements: Typically n new cash fr Refinance r cash ut Purchase minimum 40% f ttal purchase price Third Party Reprts: Appraisal Cllateral value pinin Reliable Phase I envirnmental reprt (lder reprt can be used if prperty des nt display bvius signs) DML Prperty inspectin (required) ALTA land survey Preliminary Submissin Package fr Residential Land Lans: 1. Well written summary f the prperty descriptin, current entitlement status and gals 2. Representative clr aerial phtgraphs (6 7 preferred) 3. Surces & uses 4. Spnsr(s) resume Cde: DM155RLan

16 PROGRAM 3 Jint Venture Land Lans Natinwide Eligible Prperties: Bank wned, REO prperties, stalled residential subdivisins, ballning ntes, verleveraged prperties, discunted ntes frm banks, thrifts, pensin funds, etc. Minimum Lan Size: $2,000,000 $10,000,000+ Pricing: Target IRR 25% 35% includes management fees, with an upside ptential Lan Terms: mnths frm initial investment Prepayment Penalty: Nne typically Persnal Guarantees: NO Nn recurse frmat Lan t Value: 55% AS IS maximum LTV As cmpleted LTV may be cnsidered n a case by case situatin New Equity (cash) Requirements: NO 100% financing Develper Minimum new equity CASH injectin 10% 20% f ttal prjected cst Third Party Reprts: Appraisal Cllateral value pinin Reliable Phase I envirnmental reprt (lder reprt can be used if prperty des nt display bvius signs) DML Prperty inspectin (required) ALTA land survey Preliminary Submissin Package fr Jint Venture Land Lans: 1. Prperty descriptin, address, & current debt structure 2. Well written summary f the gals 3. Representative clr aerial phtgraphs r lder appraisal 4. Pr frma 5. Surces & uses 6. Spnsr(s) resume Cde: DM155JVLan

17 PROGRAM 4 Typical guidelines fr Asset Based Hard Mney Lending Prgram fr Land Qualified Prperty Type Lan Type Raw land Un Entitled land Entitled land PUD Mixed use Vacant Purchase, Refinance, Cash Out, DPO, Freclsure preventin, Bank Wrk Out, Stalled Sub divisins Lending Area Indiana Texas Nevada New Mexic Califrnia Arizna Nevada Flrida Idah Oregn Washingtn Hawaii Gergia Nrth Carlina Suth Carlina, and ther markets cnsidered Natinwide. Min Max Lan Amunt $500,000 t $20,000,000 Term Interest Amrtizatin Maximum LTV Lien Psitin Prepayment Penalty Minimum Credit Scre Originatin Fee Exit Fee 6 t 36 mnths 8% t 13% Interest Only Interest Only Interest reserve (n mnthly payment) Typically 30 50% as is value bases upn an appraisal 1 st Lien nly Typically Nne Nne Pricing will be related t the verall risk 3% 5% f the lan amunt 0% is typical Due Diligence Fee/Depsit Brrwer is respnsible fr all third party reprt fees. Typical range $3,500 $9,500 after written apprval. Clsing Timeframe 3 weeks give r take a few days is typical Submissin Dcuments Executive summary Aerial Phts r existing appraisal Surces and uses Purchase cntract r LOI if acquisitin PFS and idea f credit Exit Strategy Hw the lan will be re paid Cde: LDCLM4499

18 FINANCING FOR LAWYERS ACCOUNTANTS AND INSURANCE Financing fr Prfessinal Services Practices is available right nw. Financing fr Attrney Practices, Accunting Practices, Engineering Practices and Insurance Practices using special lans designed fr these types f businesses. Service prfessinals are busy peple that need and deserve special services. An easy step by step apprach that leads t success fr the prfessinals we assist. With 85 90% financing fr lawyers and ther lans fr accunting practices we are helping build and grw all kinds f practices frm Atlanta, GA all the way t Phenix, AZ and acrss this great natin. We meet the needs f ur client by prviding them with: OUR PROGRAMS OFFER:» Sme f the lwest rates, fixed fr extended perids.» 85 90% financing fr medical practices f all types» Terms fr fixed rates frm 5 10 years» Add real estate t yu medical lan and get up t 25 year amrtizatin» Lw and flexible prepayment penalties with the ability t buy dwn the term» Lw verall lan csts and 0 due diligence fees! Available in Atlanta, GA; Phenix, AZ; r any ther majr city in the USA Lans can be used fr: DEBT CONSOLIDATION LOANS FOR ATTORNEY, ACCOUNTANT, ENGINEER AND INSURANCE PRACTICES: Use ur prfessinal service practice lan t cnslidate many different lans including lingering cllege tuitin and lans used t upgrade equipment and lans used t finance the purchase ther practices. This business lan is a great way t slidify yur prfessinal services practice. 90% FOR PROFESSIONAL SERVICES PRACTICE ACQUISITIONS: Use Practice Acquisitin Financing fr service prfessinals t finance the purchase f ther practices r t finance the buyut existing partners. As a general business lender, we are very familiar with the time lines invlved with sensitive business purchases! EXPAND, UPGRADE OR REMODEL OFFICE BUILDING: Is it time fr an upgrade? Financing t update an entire ffice r t finance the expansin r remdel f an ffice building. Purchase mre mdern equipment r purchase a larger building as part f financing a practice acquisitin. BUILDING PURCHASE LOANS FOR PROFESSIONAL SERVICES PRACTICES: Buying a building? It s n prblem fr us. We have the capital that prfessinals need t get the type f facility specific t their need. Cde: DdALAI230

19 CONVENTIONAL CONSTRUCTION FINANCING Cnventinal Cnstructin Lans ($2 MM minimum lan amunt N Maximum) Up t 80% LTV (*Cmpleted Value nt cst) Senir Living and Assisted Living facilities thers Cntact us fr details Rehab Up t 65% ARV (*Cmpleted value nt cst) Sr. and ALF Multifamily Htels and Mtels Must be flagged / Full service nly Terms 12 mnths t 25 years Interest nly during cnstructin / Amrtizatin after cmpletin Gegraphic Lcatins / Majr metrplitan areas in US nly Lan Type Structured as first lan Mnthly Draw * Lan amunts based n pr frma stabilized value. Cde: NCPCON13V PROGRAM 2 Cnventinal Financing fr Cmmercial Cnstructin lans Natinwide. Frm $500,000 t 50M + and Up t 100% LTC 75% 80% LTV. Prperty types and Lcatins Mst Cmmercial prperty types are cnsidered Must be in the path f grwth Greater than 15,000 ppulatin is preferred Cmmercial "fr lease" prperties Apartment Assisted care Self Strage Mbile Hme Parks Warehuse Office Retail Medical Single tenant cnsidered n case by case basis The Offer Prime plus.5 1% mnth cnstructin term One time clse Cnverts t 3 yr. mini r 10yr perm at the end f cnstructin 2 3% lender fee Prperty must underwrite at 1:1 rati at clsing Typical year pre pay penalty Typical Brrwer Prfile Builder Develper Investr Experienced Prfessinal Requires strng brrwer credit net wrth liquidity Has several prjects in the wrks Bad credit will nt be turned dwn if yu have cash in the deal Next Steps Executive summary explaining the deal n paper Lcatin map Fixed price cnstructin cntract Pr frma prjectins Current Financials last 3 years persnal and crprate tax returns Resume f principals Purchase cntract Architectural renderings These are the straight frward cnstructin finance guidelines fr prperties such as Mbile hme parks, self strage, apartments, retail strip centers, warehuse, ffice and assisted care facilities Natinwide. Cde: DM155LCC

20 COMMERCIAL REAL ESTATE FINANCING $100,000 t $10,000, Family Investr Rehab Lans Premier Brrwer Plan: Min. 660 Credit Scre, 2 m. bank statements & paystubs (if emplyed) & last 2 yrs. tax returns Interest Rate: 12% ARV: Up t 70% Prepayment Penalty: Nne Typical Brrwer Plan: N Min. credit Scre, 2 m. bank statements & paystubs (if emplyed) Residential Interest Rate: 13% 14% ARV: Up t 70% Prepayment Penalty: Nne Multi Family r Cmmercial Prperty Lan Cmmercial Interest Rate: 14% 16% ARV: Up t 70% Prepayment Penalty: Nne Cde: D10MHLC PROGRAM 2 We Finance: Raw Land and Cmmercial Prperties! Prperty Type: Land and all cmmercial prperties. Residential lans in the Dallas market Lan Size: $100,000 up t $2,500,000+ Lan Term: 12 mnths Extensins are available Interest Rate: 14 17% Amrtizatin: Interest nly Mnthly Payments Lan t Value: Up t 65% Clsing Terms: We can clse in 5 7 business days Cde: DELCOM13

21 PROGRAM 3 Prperty type: Cmmercial & Investment real estate Cllateral: First Mrtgage Lan Size: $100,000 $3,000,000 Lan Terms: Up t 3 years Amrtizatin: Interest nly mnthly payments Lan t value: Up t 75% Credit Scre: > 550 Dcumentatin: State incme & assets; prvide current financial statement Prepayment penalty: Nne Use f prceeds: Business Only Rates: % + Cde: EQ459TX PROGRAM 4 Texas Rehab Lans: San Antni, Austin, & DFW metrplitan areas nly Will fund 90 95% f acquisitin, plus 50 75% f repairs Terms frm 6 12 mnths, up t 5yrs Rates frm 12 14%. Interest Only and Balln available Lan amunt nt t exceed 65% f ARV 4 5 pints N Dc stated incme, stated asset N survey required N minimum fic required N prepayment penalty Clse in persnal name r LLC Brrwer maintains cntrl f cnstructin prcess N upfrnt fees with exceptin f appraisal r BPO Asset Based Lending: Cmmercial, Investment Real Estate, & Raw Land Texas Only Mixed Use, Multi Family, Gas Statin, Office Buildings, Church, Cmmercial Land, Investment Cash uts, Aut bdy shps, etc Lan decisins with mre emphasis n equity and cllateral, less n endless incme dcumentatin and credit prfile Lan terms frm mnths. 5yr Ballns als available

22 Lan t Values Range frm 50 65% Rates frm 12 16% 1 st Lien nly Full,Stated, & N Dc Available Purchase r Refinance N min fic required Lan amunts frm $50k $2M N upfrnt fees with exceptin f appraisal r BPO NO OWNER OCCUPIED RESIDENTIAL CASH OUTS Prtfli Lans: A Welcme Alternative t Cnventinal Financing Lan amunts frm $75,000 t $2,000,000 Fixed, Arm, Ballns Available Owner Occupied, Investr & 2nd Hme Freign Natinals up t 65% Up t 20 Prperties Financed fr Investrs Clse in LLC OK Cmpetitive Prime Rates Multiple Incme & Dcumentatin Optins Small Balance Cmmercial Lending: Texas Only Lan amunt frm $50k $400k Lan terms frm 5 25 years Owner ccupied and nn wner ccupied prperties eligible First Lien Only Full incme and Light dcumentatin available LTV's up t 70% Credit Requirements: prgram specific Rates between A Bank mney & Hard Mney Ineligible Prperties: gas statin, dry cleaner, aut related, bar/restaurant, warehuse, vacant land. Persnal guarantees required n all lans N upfrnt fees with exceptin f appraisal Cde: TRS444LK

23 PRO ATHLETE LOANS A hard mney / private mney lan mdel that thrugh ur relatinships can riginate hard mney / private mney lans and present us as the trusted surce t help the prfessinal athletes with their financial needs. One f the mst diverse sprts hard mney / private lending platfrms available tday, permitting us t fund lans with flexible lending terms that ther rganizatins are unable t endrse. We give ideal rates and use creative financing n a variety f hard mney/private lans t ur clients. We base this all n individual circumstances. We ffer SIMPLE, PROMPT AND STRESS FREE financing slutins. We prvide shrt term hard mney/private lans, custmized fr prfessinal athletes with signed player cntracts in the Natinal Basketball Assciatin (NBA), Natinal Ftball League (NFL), Majr League Baseball (MLB), Natinal Hckey League (NHL) and Majr League Sccer (MLS). Prfessinal athletes, business managers and financial advisrs are always welcme t discuss their specific hard mney/private mney financing needs. Once yu have reached ut t ur team f prfessinals, underwriting is cmpleted within tw three business days. Apprvals belw $250,000 can generally be funded inside f a week f final apprval. We ffer: Lans frm $50,000 t $5,000,000+ USD (Higher with specialized stipulatins) Easy Apprval Prcess Custmized Terms N Upfrnt Fees Quick Clsings A few f ur key differentiatrs are: Fair rates cmmensurate with the cllateral. Quick turn arund and funding Payff f ther high interest rate lans r mrtgages Fr a Fast Funding Applicatin yur name and cntact infrmatin t lester@gainfs.net r call us tday at ! We can als help retired and retiring athletes restructure their assets after the large paychecks and final days f their playing career. Mst prfessinal athletes and entertainers g frm having very little t enrmus wealth. A lt f them buy assets that banks dn t value, and when their cntracts end r they retire, they have t adjust their life style. We help with bridge lans against thse assets such as high end cars, jewelry, art, cllectables, and memrabilia. These bridge lans are designed t prvide instant cash while the athlete restructures their lifestyle. Cde: Athlete2034 Lester Bennett Gain Financial Services C (562) F (214) lester@gainfs.net Ca Brker Lic