Senior Financing
We provide flexible, short- and long-term capital to middle-market real estate sponsors nationwide.
Fix & Flip
Eligible Property Types
- Single Family (1-4 units)
- Multifamily (up to 20 units, case by case)
- Condos
- PUD / Townhomes
Loan Size
$100,000 to $50 Million
LTC
Up to 80%
LTV
On a case-by-case basis, typically up to 70%
Interest Rate
Starts @ 7.5%
Origination Fee
Typically 1-3%
Time to Close
7 to 30 days from Application
Term
3-36 months with one or two extensions options
Recourse
Full recourse, partial and non-recourse options available
Bridge Loans
Eligible Property Types
- Land
- Single- family
- Multi-family
- Retail
- Office
- Hospitality
- Industrial
- Mixed Use
- Student Housing
- Life Science
- Special Use
Loan Size
$100,000 to $50 Million
LTC
Up to 80%
LTV
On a case-by-case basis, typically up to 70%
Interest Rate
Starts @ 7.5%. Fixed and SOFR-based options available
Origination Fee
Typically 1-3%
Time to Close
7 to 30 days from Application
Term
3-36 months with one or two extensions options
Recourse
Full recourse, partial and non-recourse options available
New Construction Loans
Eligible Property Types
Residential
- Single Family (1-4 units)
- Multifamily (5+ units)
- Condos
- PUD / Townhomes
Commercial
- Multifamily (10+ units)
- Mixed Use
- Retail
- Office
- Industrial
- Hospitality
- Medical / Life Science
- Student Housing
- Special Use
Loan Size
$250,000 to $100 Million
LTC
Up to 85%
LTV
On a case-by-case basis, typically up to 70%
Interest Rate
Starts @ 8.75%
Origination Fee
Typically 1-3%
Term
12-24 months with one or two extensions options
Time to Close
7 to 30 days from Application
Recourse
Full recourse, partial and non-recourse options available
DSCR Loans
Eligible Property Types
- SFR 1-4 unit
- Condos
- Townhomes
- Multi-family 5-9 units
Loan Size
$75,000 to $3 Million
LTC
Up to 80%
Interest Rate
Starts @ 6.25%. Fixed or adjustable rates
Term
30 and 40 years
Minimum FICO
680
Minimum DSCR
From 0.75X
Prepay Penalty
0 to 5 Year Prepay Options Available
Fix & Flip
- Rates from 8.99% — IO Fixed
- Up to 90% LTC
- 6-18 Month Terms
- Full recourse preferred, partial and non-recourse available
- Closing in 10-20 days
- Sponsors with strong liquidity, top credit
Bridge Loans
- Rates from 8.99% — IO Fixed
- Up to 90% LTC
- 6-18 Month Terms
- Full recourse preferred, partial and non-recourse available
- Closing in 10-20 days
- Sponsors with strong liquidity, top credit
New Construction Loans
- Rates from 8.99% — IO Fixed
- Up to 90% LTC
- 6-18 Month Terms
- Full recourse preferred, partial and non-recourse available
- Closing in 10-20 days
- Sponsors with strong liquidity, top credit
DSCR Loans
- Rates from 8.99% — IO Fixed
- Up to 90% LTC
- 6-18 Month Terms
- Full recourse preferred, partial and non-recourse available
- Closing in 10-20 days
- Sponsors with strong liquidity, top credit
Don’t see what you need?
Call us at (917) 734-2530 or email us at financing@crossforkcapital.com