Action Funding is an innovative provider of rapid first mortgage financing solutions for commercial real estate. We are dedicated to quickly solving complex real estate and commercial finance situations for our customers. We offer financing for multi-family (5 units or more), office, retail, industrial, mixed-use, warehouse and other commercial property types.
Target Transactions:
Loan Sizes: $500,000 to $20 million; $1 to $4mm focus Geography: Continental U.S. Security: First mortgage or lien LTV: Typically 60% - 65% on income producing properties. Exceptions to 70% LTV Loan Maturity: 24 to 36 months Rates: 12% to 16% Points: 3 - 5 points Amortization: Interest-only 6 months to 3 years Recourse: Borrower or other guaranty customary Escrowed Interest: 6 months to 1 year typical Closing: 10 to 14 day closings possible; 20 to 30 days average
Action Funding can move quickly to structure transactions that meet the specific goals of the borrower. The commercial real estate financing program enables us to deliver on hard loan arrangements in a timely manner.
Certain rules and restrictions apply. Terms of program may change without notice. Contact us today for more information. Toll-free: 1-877-599-6906
