Borrowers

Private Financing Options for Real Estate Developers

Loan Options

We Have a Loan for You

	REHAB LOANS	CONSTRUCTION LOANS	BRIDGE LOANS	LAND LOANS	RENTAL LOANS	TRANSACTIONAL FUNDING
LOAN TO COST	85-100%	75-100%	Up to 75%	Up to 70%	80%	Up to 100%
LOAN TO VALUE/PURCHASE PRICE	80%-100%	75-100%	Up to 75%	Up to 70%	80%	Up to 100%
LOAN TO AFTER REPAIR VALUE	75%	75%	–	–	–	–
RATES	9.99%+	10.99%+	9.99%+	12%+	6-7%	–
POINTS	1-3%	1-3%	1-3%	1-3%	1-3%	1-3%
DOC/PROCESSING FEE	$1,695	$1,695	$1,695	$1,695	$1,695	$1,695
VALUATION	Required	Required	Required	Required	Required	–
TERM	6-12 Months	6-12 Months	6-12 Months	6-12 Months	Up to 30 Years	Same Day Only
CREDIT SCORE	620+	620+	620+	620+	660+	–

Rehab Loan (Down Payment Option)

Have some cash to put down and looking for an industry low interest rate? Here’s your solution.

Experience: 3+ Completed Projects
✓ 90% LTC (Loan to Cost)
✓ 100% of Construction Funds
✓ 75% of the ARV
Asset Types: SFR, 2-4, Condos & Townhomes, 5+
✓ Interest Rate: 7.49-7.99%
✓ Origination Points: 1.5-2.5
✓ Processing/Legal Fee: $1,495
✓ Term Length: 12 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the rehab budget + Closing Costs + 6 months of interest payment reserves

Experience: 1-2 Completed Projects
✓ 85% LTC (Loan to Cost)
✓ 100% of Construction Funds
✓ 75% of the ARV
Asset Types: SFR, 2-4, Condos & Townhomes, 5+
✓ Interest Rate: 8.49-8.99%
✓ Origination Points: 1.5-2.5
✓ Processing/Legal Fee: $1,495
✓ Term Length: 12 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the rehab budget + Closing Costs + 6 months of interest payment reserves

Experience: None
✓ 20% Down Payment on the Purchase Price
✓ 100% of Construction Funds
✓ 70% of the ARV
Asset Types: SFR, 2-4, Condos & Townhomes, 5+
✓ Interest Rate: 8.99%
✓ Origination Points: 1.5-2.5
✓ Processing/Legal Fee: $1,495
✓ Term Length: 12 Months
✓ Credit Score: 680+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the rehab budget + Closing Costs + 6 months of interest payment reserves

New Construction Loan (Down Payment Option)

Experience: 5+ Completed Projects
✓ 90% LTC (Loan to Cost)
✓ 100% of Construction Funds
✓ 75% of the Completed Value
✓ Asset Types: SFR, 2-4, Condos, Townhomes & Developments
✓ Interest Rate: 8.49-8.99%
✓ Origination Points: 1.5-2.5
✓ Processing/Legal Fee: $1,495
✓ Term Length: 12 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the build budget + Closing Costs + 6 months of interest payment reserves

Experience: 3-4 Completed Projects
✓ 85% LTC (Loan to Cost)
✓ 100% of Construction Funds
✓ 75% of the Completed Value
✓ Asset Types: SFR, 2-4, Condos, Townhomes & Developments
✓ Interest Rate: 8.99%
✓ Origination Points: 1.5-2.5
✓ Processing/Legal Fee: $1,495
✓ Term Length: 12 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None ✓ Liquidity Requirements: Down payment + 10% of the build budget + Closing Costs + 6 months of interest payment reserves

30 Year Rental Loan

30 Year Rental Loans are perfect for those investors wanting to build a rental portofolio

✓ Purchase & Delayed Financing
Up to 80% Loan to Value/Loan to Purchase Price
✓ Rate and Term Refinance
Up to 80% Loan to Value
✓ Cash Out Refinance
Up to 75% Loan to Value
✓ Asset Types: SFR, 2-4, Condos & Townhomes
✓ Interest Rates: 4.5%+
✓ Origination Points: 0-2
✓ Processing/Legal Fee: $1,495
✓ Term Length: 30 Years
✓ Credit Score: 650+
✓ Prepayment Penalty: 5/4/3/2/1 or 3/2/1
✓ Locations: Nationwide, typically needs to be in cities with populations of 7,500+ (lender will determine location eligibility)
✓ Rural Properties/Mobile Homes: No
✓ Short Term Rentals: Yes
✓ Minimum Loan Amount: $55,000
✓ Maximum Loan Amount $3,500,000
✓ Liquidity Requirements: Down payment + Closing Costs + 6 months of PITI payments reserves

Transactional Funding

Loans for double closings. Same day funding for AB+BC transactions. Origination points as low as 1%

Rehab Loan (100% Financing)

✓ 100% of Purchase Price
✓ 100% of Construction Funds
✓ Up to 75% of the ARV
Asset Types: SFR, 2-4, Condos & Townhomes, 5+
✓ Interest Rate: 10-12%
✓ Origination Points: 1.5-3
✓ Processing/Legal Fee: $1,495
✓ Term Length: 6 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the rehab budget + Closing Costs + 6 months of interest payment reserves

New Construction Loan (100% Financing)

✓ 100% of Purchase Price
✓ 100% of Construction Funds
✓ Up to 75% of the Completed Value
✓ Asset Types: SFR, 2-4, Condos, Townhomes & Developments
✓ Interest Rate: 10.99-12%
✓ Origination Points: 1.5-3
✓ Processing/Legal Fee: $1,495
✓ Term Length: 6 Months
✓ Credit Score: 620+
✓ Prepayment Penalty: None
✓ Liquidity Requirements: Down payment + 10% of the build budget + Closing Costs + 6 months of interest payment reserves

3 Year Bridge Loan

Ideal for short term rentals. No lease agreement required.
✓ Up to 70% LTV/LTPP
✓ Asset Types: SFR, 2-4, Condos & Townhomes, 5+
✓ Interest Rate: 6.99%
✓ Origination Points: 0-2
✓ Processing/Legal Fee: $1,495
✓ Term Length: 3 Years
✓ Credit Score: 620+
✓ Prepayment Penalty: 1 Year, 1 Point
✓ Liquidity Requirements: Down payment + Closing Costs + 6 months of Interest Reserves

ASSET TYPES

Single family, 2-4, 5+, condos, townhomes, mixed-use and small commercial on a case by case basis

ENTITIES

LLC’s, Corporations

VALUATION TYPES

In-house comps, BPO’s, appraisals

REQUIRED DOCUMENTS

Title, insurance, build plans (if applicable), scope of work/line item budget, dwelling & liability insurance (wind, hail, flood, etc. as necessary), entity documents, credit report, bank statements, experience track record, purchase contract, ID’s

Black Label Capital provides loan options nationwide.

Let's Start

Let's Get You the Loan You Need!

MJ Jannamon

2021-12-31

I was brand new to the entire process, Matt Podesto and his team worked with me every step of the way, making sure I understood and answered all questions that came up. They were very punctual and on top of it from the initial contact to the closing date. Requested my first contractor draw and within hours (not days or weeks) they already scheduled an inspection. Blown away by their service and care. My only regret is that I wasted time with other lenders before finding Black Label Capital. Don’t make my mistake, call Black Label first and get with Matt, he’ll take awesome care of you.

Jorge Rojas

2021-12-30

This is the best Hard Money Lender in whole Metroplex. Ease to wok with, I never had any issues with them.

Kaye Green

2021-12-29

This lender has been great to work with. Their process and customer service has exceeded my expectations. I'm always able to get in touch with my lender and he was able to thoroughly answer all my questions throughout the transactions. Will definitely recommend BLC to others.

Sam A

2021-12-28

Quick and super easy to deal with, we closed on a house in 48 hours, now I have 5 open loans with Matt, not to mention the personalized service that Matt provides.

MARGARITA GRAHAM

Great communication throughout and quick responsiveness!

David Plowden

2021-12-23

I can't say enough about the process and customer service Black Label Capital provided my business in closing my loan. The process was seamless and they exceeded my expectations. I highly recommend Black Label Capital for all your lending needs.

Alex Pezeshki

The staff has made it easy and understanding in dealing with funding. I have done two projects with Black Label Capital and I can't wait to do more with them!

Cleveland Robinson

2021-08-06

Good lender to work with. What makes them valuable is that there are no junk fees and their approach to lending is straight forward.I was very pleased with my transaction.