Recently Funded Loans
$50,295,000 In Secured Assets $27,805,185 In Funded Loans
Condo Flatiron
Cash Out Refinance
Loan Amount $2,500,000
Borrower used fund to pruchase secon home in the Hamptons.
Loan Amount $2,500,000
Borrower used fund to pruchase secon home in the Hamptons.
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.
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.
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.
Mix 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.
Mix 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.
Mix 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.
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.
Mix 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 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.
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.
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 Oout 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 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 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 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.
1 Family East Rockaway
Cash Out Refinance
Loan Amount $208,000
Borrower used the funds for another investment.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
Loan Amount $208,000
Borrower used the funds for another investment.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
1 Family Rocky Point
Cash Out Refinance
Loan Amount $200,000
Borrower needed to withdraw cash to pay off high debt and clean up credit.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
Loan Amount $200,000
Borrower needed to withdraw cash to pay off high debt and clean up credit.
Exit Strategy is to refinance with mainstream lender at prevailing rate.
1 Family Wyandanch
Cash Out Refinance
Loan Amount $200,000
Borrower used the funds to pay-off Suffolk County encumbrance and place asset in good standing.
Exit Strategy is to refinance after 1 year.
Loan Amount $200,000
Borrower used the funds to pay-off Suffolk County encumbrance and place asset in good standing.
Exit Strategy is to refinance after 1 year.
1 Family Elmsford
Fix and Flip
Loan Amount $200,000
Borrower is a professional Realtor and had bought property to rebuild a new home.
Once completed will sell the property for profit.
Loan Amount $200,000
Borrower is a professional Realtor and had bought property to rebuild a new home.
Once completed will sell the property for profit.