Contact us

Contact:

Regional Manager: Stephen C. Parente

Tel: 442-273-0019

Financial Analyst, Correspondent

Eagle Capital Investment Partners

Please Inquire with us!

Financing for Builders/ Contractors:

Loan Amount: $75,000 to $350,000. Contact us on higher loan amount requests

Term: 8 Months +4 Mo extensions

Intrest Rate: from 4.99 to 7.99% * ( 4.99% 1st month with .5% increase monthly to to 799% max ( ceiling on rate)

Proceeds up to 80% LTV

Recourse: Limited Recourse possible

Other: Interest and fees can be paid off at maturity. Ther are additional loan costs such as borrowers obligation to reimburse third party expenses( valuation, etc.

LTV Range: from 60% LTV to 80% LTV

Equity from 25% to 8% based on volume of homes projected

Example Level 1- 200+ Homes sold since 2012, 50% +, must be all verifiable, to Level 10 2+ Homes sold.

LOI based upon submission including

Summary of Request

Loan Size

Homes projected to be sold

Verifiable Equity, Financial Review of Borrower(s),Market Review, and Background Checks are required on all files.

All terms ongoing performance of the loan. Information herein in not comprehensive and is subject to change. This does not constitute any form of lending agreement or on a basis of any claims. All loans are subject to credit approval.