Distressed Residential & Commercial Rehabilitation Loans
Equity makes short-term loans on distressed residential (both single- and multi-family) as well as commercial properties at a maximum 65% loan-to-value. These loans are designed for real estate investors only (no owner occupancy considered) who are purchasing properties to rehabilitate, re-sell or hold as rental property. Loans can close in as little as 24 hours from approval providing all title work is complete with a survey and lien letters. The term of these loans is 12 months with no prepayment penalties; our borrowers either re-finance or re-sell the property within the loan period. Borrowers make interest only payments during the life of loan with a balloon payment of the principal at loan satisfaction. All borrowers must remain current with their property tax and insurance payments for the life of the loan.

Construction / Acquisition Loans
Equity provides financing for investors who are acquiring subdivided and entitled land to build on. In this scenario, Equity finances the purchase of the lot and structures a draw schedule for the actual vertical construction costs of the project. Equity lends up to 65% of the projected value of what is being built. The 65% is inclusive of the lot cost and the construction costs.

Land Acquisition or Bridge Finance Loans
Equity lends funds to acquire or re-finance, on a short-term basis, large tracts of land which may or may not be entitled for vertical construction. Loan amounts range from $500,000 to several million dollars with varying terms and rates based upon the vested value of the property being financed. Equity oftentimes provides developmental assistance to owners who finance their property under this program scenario.