Loan Programs
Performance Capital brings a “make-sense” underwriting
philosophy back to lending. The collateral for the loans we make
always consist of the real property the borrower is purchasing,
developing or re-financing and are secured by a first deed of trust
on the property.
Performance Capital provides the following financing structures
 |
Raw Land |
|
Acquisition and Development |
|
Commercial Real Estate, including office, retail, multifamily,
industrial, mini-storage. |
|
Residential real estate including single family, owner occupied,
spec and lot financing. |
Loan Types
|
Purchase money for acquisition |
|
Cash Out |
|
Re-finance |
|
Bridge financing |
|
Construction loans |
|
Note purchases |
General Terms and Conditions
| Loan size: |
$50,000 to $25.0 million |
| Interest rate: |
10% - 13% |
| Points: |
2 – 4 |
| Term: |
3 months to 3 years |
| Amortization: |
Interest only |
| Loan to value: |
up to 80% |
|
