Black Tie Lending caters solely to new and experienced residential real estate investors that buy, fix, and flip single family houses and 2-4 unit multi-family properties. Our founder is an active real estate investor and understands the needs of the industry. Our innovative loan products were designed for real estate investors that require fast and efficient access to money for deals that makes sense.
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our hard money loan terms and fees
Property Type: Single Family, 2-4 Family, Condos, Townhomes
Up to 12 Month Term $100k - $3 Million Loan Amounts 10%-14% Interest Rate Funding 90%-100% of Purchase Price & 100% of Rehab Funds 65%-70% Maximum After Repair Value Fees: 1-3 points + Lender & 3rd Party Fees No Pre-Payment Penalty No Application Fees Minimum Credit Score 620 No Appraisals (Desktop Evaluation in Most Cases) No Survey No Upfront Fees (Most Cases) |