18 Sierra Financial provides bridge and hard money loans that can be used for a variety of purposes, including:
- Property acquisitions
- Renovations
- Construction
- Short sales
- Refinancing
- Partner buyouts
- Time-sensitive opportunities
- Property liens
- Portfolio repositioning
Bridge and hard money loans from 18 Sierra Financial feature the following benefits:
- Financing ranging from $1 million to $100 million and above
- LTV up to 80%
- Interest only payments
- No prepayment penalties
- Fast closings in 3 to 4 weeks from LOI
- Interest rates as low as 8%
- Origination points as low as 1% (deal dependent)
- Accepted collateral includes raw land and development projects