Recently Funded Loans
$66,836,100 In Secured Assets $37,600,185 In Funded Loans
1 Family Oyster Bay
Bridge Loan
Loan Amount $2,050,000
Borrower is a seasoned investor with multiple existing and past projects. Acquired this 6,200 square foot brick Mansion to renovate and sell to a discreet Gold Coast buyer.
This loan was closed in 8 days.
Loan Amount $2,050,000
Borrower is a seasoned investor with multiple existing and past projects. Acquired this 6,200 square foot brick Mansion to renovate and sell to a discreet Gold Coast buyer.
This loan was closed in 8 days.
1 Family Greenwich
Fix and Flip
Loan Amount $1,550,000
The borrower is a seasoned investor using funds to rehab the property and sell it for profit.
Loan Amount $1,550,000
The borrower is a seasoned investor using funds to rehab the property and sell it for profit.
3 Family Bed-Stuy
Refinance Bail-out.
Loan Amount $1,511,250
The Borrower was put into delinquency due to violation of subordinate financing. Bailed out from 24% payment to 7.5% for 1 Year.
Loan Amount $1,511,250
The Borrower was put into delinquency due to violation of subordinate financing. Bailed out from 24% payment to 7.5% for 1 Year.
2 Family Bed-Stuy
Cash-Out Refinance
Loan Amount $1,380,000
The borrower cashed out to resolve outstanding liens, violations, and fines on the property.
An exit strategy is to cure all violations and refinance with a streamlined lender.
Loan Amount $1,380,000
The borrower cashed out to resolve outstanding liens, violations, and fines on the property.
An exit strategy is to cure all violations and refinance with a streamlined lender.
Private School Plainfield
Cash Out Refinance
Loan Amount $1,300,000
Borrower used funds to renovate old YMCA building to convert to a Private School for a local religious community.
Exit Strategy is to raise funds through grants, government financing as well community and patrons fund raising.
Loan Amount $1,300,000
Borrower used funds to renovate old YMCA building to convert to a Private School for a local religious community.
Exit Strategy is to raise funds through grants, government financing as well community and patrons fund raising.
2 Family Bed-Stuy
Bridge Loan
Loan Amount $1,300,000
Borrower is a seasoned investor.
Used proceeds to fund another project.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
Loan Amount $1,300,000
Borrower is a seasoned investor.
Used proceeds to fund another project.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
Mixed-Use Flatbush
Bail Out
Loan Amount $1,100,000
Borrower needed to bail out of default
and demonstrate 12 months of current payments.
Loan Amount $1,100,000
Borrower needed to bail out of default
and demonstrate 12 months of current payments.
3 Family Crown Heights
Foreign Investor
Loan Amount $1,025,000
Australian National needed fast closing to regroup and obtain regular financing.
Loan Amount $1,025,000
Australian National needed fast closing to regroup and obtain regular financing.
Mixed-Use East Williamsburg
Cash Out Refinance
Loan Amount $1,000,000
Borrower used the funds for another investment.
Exit Strategy is to keep this financing in place for 2 years and then refinance with mainstream lender at prevailing rate.
Loan Amount $1,000,000
Borrower used the funds for another investment.
Exit Strategy is to keep this financing in place for 2 years and then refinance with mainstream lender at prevailing rate.
Mixed-Use Flatbush
Cash-Out Refinance
Loan Amount $1,000,000
Borrower needed to restructure her financial position by cleaning all debt and liabilities which included a substantial cash-out to cover next year of mortgage payments.
Loan Amount $1,000,000
Borrower needed to restructure her financial position by cleaning all debt and liabilities which included a substantial cash-out to cover next year of mortgage payments.
1 Family West Islip
Cash Out Refinance
Loan Amount $962,000
New construction that was built for cash and refinanced to purchase another investment.
Exit Strategy is to sell this home to an upscale buyer. Valued over $1.8 Million
Loan Amount $962,000
New construction that was built for cash and refinanced to purchase another investment.
Exit Strategy is to sell this home to an upscale buyer. Valued over $1.8 Million
3 Family Bed-Stuy
Cash-Out Refinance
Loan Amount $925,000
The buyout of partners.
An exit strategy is to meet 12 months' current payments and refinance with a streamlined lender.
Loan Amount $925,000
The buyout of partners.
An exit strategy is to meet 12 months' current payments and refinance with a streamlined lender.
3 Family Sunset Park
Cash Out Refinance
Loan Amount $850,000
Foreign Investor could not finance with any commercial or private lending institutions.
Tower Fund Capital secured a 12 months Bridge Loan with exit to refinance, once conventional lenders acquire liquidity and qualifying loan programs for Foreign Nationals.
Loan Amount $850,000
Foreign Investor could not finance with any commercial or private lending institutions.
Tower Fund Capital secured a 12 months Bridge Loan with exit to refinance, once conventional lenders acquire liquidity and qualifying loan programs for Foreign Nationals.
4 Family Bed-Stuy
Title Issues and Renovations.
Loan Amount $850,000
Borrowers inherited property and needed funding to renovate. The Title had to be cleaned up due to inheritance issues. Closed within 1 week.
Loan Amount $850,000
Borrowers inherited property and needed funding to renovate. The Title had to be cleaned up due to inheritance issues. Closed within 1 week.
Mixed-Use Cypress Hills
Cash Out Refinance
Loan Amount $845,000
Borrower used funds to pay-off high interest debt.
Exit Strategy is to improve credit rating and refinance with mainstream lender at prevailing rate.
Loan Amount $845,000
Borrower used funds to pay-off high interest debt.
Exit Strategy is to improve credit rating and refinance with mainstream lender at prevailing rate.
1 Family Staten Island
Cash-Out Refinance
Loan Amount $845,000
The family dispute forced a buyout of one of the members. The borrower used funds to payoff the exiting partner.
An exit strategy is to refinance with a streamlined lender in 6 months.
Loan Amount $845,000
The family dispute forced a buyout of one of the members. The borrower used funds to payoff the exiting partner.
An exit strategy is to refinance with a streamlined lender in 6 months.
Mixed-Use Brownsville
Cash Out Refinance
Loan Amount $765,000
Borrower used funds to cash out to purchase an additional investment out-of-state.
Exit Strategy is to flip out-of-state investment for profit and repay on this loan.
Loan Amount $765,000
Borrower used funds to cash out to purchase an additional investment out-of-state.
Exit Strategy is to flip out-of-state investment for profit and repay on this loan.
1 Family Hollis Hills
Purchase
Loan Amount $760,000
Contractor purchased mid construction 5,000 sq. ft. Mansion sitting on unprecedented 100x100 Queens lot. Project cost $1.3 Million and ARV appraisal at $2.5 Million.
Exit strategy to complete and sell with profit over $1 Million.
Loan Amount $760,000
Contractor purchased mid construction 5,000 sq. ft. Mansion sitting on unprecedented 100x100 Queens lot. Project cost $1.3 Million and ARV appraisal at $2.5 Million.
Exit strategy to complete and sell with profit over $1 Million.
3 Family Brooklyn
Debt Restructure
Loan Amount $725,000
Borrower needed to payoff all liabilities and demonstrate 12 months of current payments.
Loan Amount $725,000
Borrower needed to payoff all liabilities and demonstrate 12 months of current payments.
4 Family East Flatbush
Conversion Bridge
Loan Amount $715,000
Borrower is a seasoned investor, using funds to convert this single use property to a legal 4 Family Building.
Exit Strategy is to refinance with mainstream lender at prevailing rate once conversion is finalized.
Loan Amount $715,000
Borrower is a seasoned investor, using funds to convert this single use property to a legal 4 Family Building.
Exit Strategy is to refinance with mainstream lender at prevailing rate once conversion is finalized.
Mixed-Use Dobbs Ferry
Cash-Out Refinance
Loan Amount $708,500
Borrower needed funds to purchase additional investment property.
Exit Strategy is to close on new investment and then refinance with a mainstream lender.
Loan Amount $708,500
Borrower needed funds to purchase additional investment property.
Exit Strategy is to close on new investment and then refinance with a mainstream lender.
2 Family Bed-Stuy
Fix and Hold
Loan Amount $700,000
Borrower is a Real Estate Broker will use the funds to renovate and rent the property for income.
Loan Amount $700,000
Borrower is a Real Estate Broker will use the funds to renovate and rent the property for income.
Mixed-Use Valley Stream
Cash-Out Refinance
Loan Amount $650,000
The borrower refinanced to pay off tax liens.
An exit strategy is to cure all violations and refinance with a streamlined lender.
Loan Amount $650,000
The borrower refinanced to pay off tax liens.
An exit strategy is to cure all violations and refinance with a streamlined lender.
1 Family Massapequa
Cash Out Refinance
Loan Amount $650,000
Borrower used funds for another investment.
Exit strategy is to rent for income for 1 year and then to refinance with mainstream lender at prevailing rate.
Loan Amount $650,000
Borrower used funds for another investment.
Exit strategy is to rent for income for 1 year and then to refinance with mainstream lender at prevailing rate.
6 Family Brooklyn
Foreclosure Save
Loan Amount $630,000
Borrower needed to bail out of foreclosure to allow time to refinance or sell
Loan Amount $630,000
Borrower needed to bail out of foreclosure to allow time to refinance or sell
Condo Greenvich Village
Cash Out Refinance
Loan Amount $617,500
Borrower used funds to buy another home for private use.
Exit strategy is to sell investment property at a later date.
Loan Amount $617,500
Borrower used funds to buy another home for private use.
Exit strategy is to sell investment property at a later date.
3 Family Brooklyn
Cash-Out Refinance
Loan Amount $570,000
Borrower refinanced this property for a cash-out to renovate and keep for rental income.
Exit Strategy is to establish a healthy rent roll and refinance with mainstream lender at prevailing rate.
Loan Amount $570,000
Borrower refinanced this property for a cash-out to renovate and keep for rental income.
Exit Strategy is to establish a healthy rent roll and refinance with mainstream lender at prevailing rate.
3 Family Far Rockaway
Cash Out Refinance
Loan Amount $510,000
Borrower used funds to cash out to use the funds for renovation.
Exit Strategy is to renovate and flip for higher price.
Loan Amount $510,000
Borrower used funds to cash out to use the funds for renovation.
Exit Strategy is to renovate and flip for higher price.
Mixed-Use Bed-Stuy
Cash-Out Refinance
Loan Amount $503,000
The Borrower used funds to upgrade the property and increase rents.
An exit strategy is to establish a healthy rent roll and refinance with the mainstream lender at the prevailing rate.
Loan Amount $503,000
The Borrower used funds to upgrade the property and increase rents.
An exit strategy is to establish a healthy rent roll and refinance with the mainstream lender at the prevailing rate.
Mixed-Use Bed-Stuy
Cash-Out Refinance
Loan Amount $503,000
The Borrower used funds to upgrade the property and increase rents.
An exit strategy is to establish a healthy rent roll and refinance with the mainstream lender at the prevailing rate.
Loan Amount $503,000
The Borrower used funds to upgrade the property and increase rents.
An exit strategy is to establish a healthy rent roll and refinance with the mainstream lender at the prevailing rate.
6 Family South Slope
Cash Out Refinance
Loan Amount $500,000
Borrower used funds to buy out his partner and regroup.
Exit Strategy is to refinance with a commercial lender once multi-family lending liquidity is available.
Loan Amount $500,000
Borrower used funds to buy out his partner and regroup.
Exit Strategy is to refinance with a commercial lender once multi-family lending liquidity is available.
3 Family Bed-Stuy
Fix and Flip
Loan Amount $500,000
The Borrower is an investor that will fix and flip for profit.
Loan Amount $500,000
The Borrower is an investor that will fix and flip for profit.
MIxed-Use Bronx
Cash Out Refinance
Loan Amount $495,000
Borrower used funds to cash out and improve his financial stability and credit rating.
Exit Strategy is to improve credit score and cashflow following with a refinance with mainstream lender.
Loan Amount $495,000
Borrower used funds to cash out and improve his financial stability and credit rating.
Exit Strategy is to improve credit score and cashflow following with a refinance with mainstream lender.
1 Family Middle Village
Cash Out Refinance
Loan Amount $485,000
Borrower used funds to cash out and improve property to hold for income stream.
Exit Strategy is to renovate and refinance with mainstream lender at prevailing rate.
Loan Amount $485,000
Borrower used funds to cash out and improve property to hold for income stream.
Exit Strategy is to renovate and refinance with mainstream lender at prevailing rate.
3 Family White Plains
Financial Restructure
Loan Amount $422,500
Borrower needed to renovate this property and some breathing room to restructure personal finances.
Exit Strategy is to renovate, fix personal finances and refinance with mainstream lender.
Loan Amount $422,500
Borrower needed to renovate this property and some breathing room to restructure personal finances.
Exit Strategy is to renovate, fix personal finances and refinance with mainstream lender.
2 Family Flatbush
Fix and Flip
Loan Amount $400,000
The Borrower is a contractor and needed the money to renovate this property and flip.
Loan Amount $400,000
The Borrower is a contractor and needed the money to renovate this property and flip.
3 Family Corona
Cash Out Refinance
Loan Amount $380,000
Borrower used funds to fully renovate this property and realize higher income for future cash flow.
Exit Strategy is to increase lease rate based on new condition of rental units and refinance with mainstream lender.
Loan Amount $380,000
Borrower used funds to fully renovate this property and realize higher income for future cash flow.
Exit Strategy is to increase lease rate based on new condition of rental units and refinance with mainstream lender.
1 Family Baldwin
Cash Out Refinance
Loan Amount $377,000
Real estate investor, purchased this property for cash, renovated and now pulled out equity to purchase another investment property.
Exit strategy to flip to user/investor for rental income.
Loan Amount $377,000
Real estate investor, purchased this property for cash, renovated and now pulled out equity to purchase another investment property.
Exit strategy to flip to user/investor for rental income.
2 Family Bed-Stuy
Rent and Hold
Loan Amount $370,000
Borrower is out of state and wanted to pull equity while restructuring her financial situation, refinance to hold for income.
Loan Amount $370,000
Borrower is out of state and wanted to pull equity while restructuring her financial situation, refinance to hold for income.
3 Family Bed-Stuy
Cash Out Refinance
Loan Amount $358,000
Borrower used funds to consolidate high interest debt.
Exit Strategy is to rent and hold and then to refinance with mainstream lender at prevailing rate.
Loan Amount $358,000
Borrower used funds to consolidate high interest debt.
Exit Strategy is to rent and hold and then to refinance with mainstream lender at prevailing rate.
2 Family Dyker Heights
Cash Out Refinance
Loan Amount $350,000
Borrower used funds to buy out partners and establish a new entity.
Exit Strategy is to rent and hold and then to refinance with mainstream lender at prevailing rate.
Loan Amount $350,000
Borrower used funds to buy out partners and establish a new entity.
Exit Strategy is to rent and hold and then to refinance with mainstream lender at prevailing rate.
1 Family Laurelton
Financial Restructure
Loan Amount $347,500
Borrower refinanced this property to restructure personal finances, fix credit & show 12 current mortgage payments.
Exit Strategy is to establish a healthy financial position and refinance at prevailing rate.
Loan Amount $347,500
Borrower refinanced this property to restructure personal finances, fix credit & show 12 current mortgage payments.
Exit Strategy is to establish a healthy financial position and refinance at prevailing rate.
1 Family Staten Island
Purchase Money Loan
Loan Amount $345,000
An investor and needed purchase money loan.
Exit strategy is to fix credit history and refinance.
Loan Amount $345,000
An investor and needed purchase money loan.
Exit strategy is to fix credit history and refinance.
1 Family Shirley
Rent and Hold
Loan Amount $292,500
Borrower is running an Airbnb and needed funds to clear up personal liabilities.
Loan Amount $292,500
Borrower is running an Airbnb and needed funds to clear up personal liabilities.
1 Family Jamaica
Rent and Hold
Loan Amount $285,000
Borrower is out of state and wanted to pull available equity.
Loan Amount $285,000
Borrower is out of state and wanted to pull available equity.
1 Family Brooklyn
Estate Settlement
Loan Amount $275,000
Borrower needed to take the property out an estate, payoff all liabilities associated with the property and estate as well personal tax liabilities.
Loan Amount $275,000
Borrower needed to take the property out an estate, payoff all liabilities associated with the property and estate as well personal tax liabilities.
1 Family Freeport
Cash Out Refinance
Loan Amount $260,000
Borrower used funds to cash out and improve property to hold for income stream.
Exit Strategy is to renovate and refinance with mainstream lender at prevailing rate.
Loan Amount $260,000
Borrower used funds to cash out and improve property to hold for income stream.
Exit Strategy is to renovate and refinance with mainstream lender at prevailing rate.
1 Family Hicksville
Purchase Financing
Loan Amount $243,000
Borrower is a professional investor had purchased this property at a deep discount and needed a fast closing.
Exit Strategy is to renovate, lease and then refinance with mainstream lender at prevailing rate.
Loan Amount $243,000
Borrower is a professional investor had purchased this property at a deep discount and needed a fast closing.
Exit Strategy is to renovate, lease and then refinance with mainstream lender at prevailing rate.
1 Family Brigantine
Bridge Loan
Loan Amount $236,500
The borrower used funds to improve the property and hold for an income stream.
An exit strategy is to refinance after 1 year.
Loan Amount $236,500
The borrower used funds to improve the property and hold for an income stream.
An exit strategy is to refinance after 1 year.
1 Family Jamaica
Refinance Inheritance
Loan Amount $ 211,000
Borrower had inherited the property and needed money to renovate and rent.
Loan Amount $ 211,000
Borrower had inherited the property and needed money to renovate and rent.