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Overview
In today’s environment with the ever-changing trends in the real estate market, there is a constant need for capital in order to close the transactions. Often, traditional lenders are too bogged down with red tape and stringent loan requirements to provide the necessary financing needed by developers today. IPSfn Credit recognizes the importance of finding creative solutions to non-conforming deals and the ability to closer them in a timely manner. Our team of professionals will respond to your needs whether you’re in need of a time sensitive acquisition, or any type of normal closing proceedings.
We take particular care to ensure that all of our clients receive immediate attention to any loan request and we have the ability to close most loans as quickly as 5-7 business days.
Lending Parameters
| Term | : | 6 month minimum term with renewal options |
| Lending Area | : | Texas Only |
| Propery Types | : | All commercial properties, Multi-Family, Apartments, Warehouses, Ranch Land, Churches |
| Loan Size | : | $50,000. - $2,000,000. |
| Interest Rate | : | 17% annually |
| Loan to Value | : | up to 65% |
| Origination Fee | : | 4 points at closing |