ICECAP GROUP

ICECAP GROUP

70 West 36th Street, 13, New York, NY 10018

https://icecapgroup.com/

Revisiones internas

(1 reseña)

Total de préstamos cerrados con Loan Factory
14

Total de préstamos cerrados con Loan Factory (últimos 12 meses)
10

Resumen del prestamista

Información básica

N/A

Ice Lender Holdings LLC ISAOA/ATIMA, 31 West 34th St, Suite 1012, New York, NY 10001.

Mortgagee: Ice Lender Holdings LLC ISAOA/ATIMA, 70 West 36th Street, 13th Floor, New York, NY 10018

Políticas de bloqueo y tarifas

Políticas de bloqueo

1 extension for 15 days available

Available for fee

No

Nicho y sobrecargos del prestamista


Bridge/Renovation/Construction, Blanket Portfolio DSCR, 1-4 unit DSCR, Multi Unit Mixed Use DSCR

DSCR andBridge loans:

  • 1-4 unit and condos(5+ unit and mixed use sent through our separate review process)
  • Light Rehab Budgets and stabilized bridge only in the portal (Heavy rehab or new construction sent through a separate review process)
  • No Experience is ok at min of 25% down and 65 ARV LTV
  • 3+ experience gets you to 10% down (90LTV) and 100% of rehab (75% ARV LTV) (zip code adjustments will apply to reducing leverages)
  • Rates starting at 9.99% with 10+ experience and 10.25% with 3+ experience with only 1 point to BluFin/IceCap (pricing example attached)
  • 12 month interest only loan with no PPP(3 months of min interest)
  • Always Non Dutch Interest, pay on initial loan amount and as you draw down from the reserve
  • 1-4 unit rehab
  • 1-9 unit DSCR and mixed use
  • Blanket DSCR 25 1-4 unit properties in a single loan
  • Foreign National, no credit to 75 LTV


    We are business purpose lenders we do not lend on primary properties.

    Tiempo de respuesta del prestamista

    1

    1

    N/A

    Revisión - ICECAP GROUP

    5.0

    1 reseñas en Google

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