Graco Mortgage is highly experienced in providing our clients with Commercial Bridge Loans and Hard Money Loans in a short amount of time. With our numerous partnerships with institutional private investment firms we can provide the capital you need, in the time you neat it in.
Hard Money Loans Criteria and Rates
- Loan Size: $1,000,000 - $100,000,000
- Lending Area: National and International
- Collateral: We lend on mainly any type of commercial income producing real estate, including raw land and development projects
- Interest Rate: 9% - 14%, varies depending on collateral & credit
- Amortization: Interest Only
- LTV: Up to 80%
- Origination Fee: 2.00%
- Closing Time: 5 days - 30 days
If you need addition capital quickly for another project, or if you see an acquisition opportunity that you can not afford to pass up, then this is the program for you.
This program applies to income producing properties only. Rates are very competitive and require strong borrowers.
- Loan Size: $2M - 15M
- Borrower Credit: Very Good and financially Strong
- LTV: 75%
- Rate: 5 - 7%
- Term: 1 - 3 years
- Property Types: Assisted Living, Congregate Care, Office, Retail, Industrial, Multi-Family, Manufactured Housing, Hospitality, Self-Storage, Special Use
Graco Mortgage brings experience and integrity to funding your Bridge and Hard Money Loans