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Accolend

Paramus, NJ·Nationwide
(201) 817-3247
Accolend offers fix-and-flip, bridge, ground-up construction, long-term DSCR rental, multifamily and mixed-use financing.
Accolend describing itself

Loan programs

Ground-Up Construction

$300K – $8M
Term
24 mo
Maximum leverage
Max LTV 80%Max LTC 100%Max ARV 65%Max LTCV 70%

Bridge

$115K – $8M
Term
18 mo
Maximum leverage
Max LTV 80%Max LTP 75%

Fix & Flip

Maximum leverage
Max LTV 80%Max LTC 85%Max ARV 70%Max LTP 85%

Fix to Rent (BRRRR)

Maximum leverage
Max LTC 90%Max ARV 75%Max LTP 90%

DSCR / Long-Term Rental

Maximum leverage
Max LTV 80%Max LTP 80%
Also offers— no published terms
CommercialMultifamily

Terms & qualification

Typical loan size
$115K – $8M
Typical term
6 mo – 24 mo
Interest rate
9.99% – 11%
Minimum FICO
620
Lien position
First position
Prepayment penalty
Only for DSCR long-term rental loans. For all short-term loan programs, we don't charge pre-payment penalties.
Payment structure
Interest Only
Recourse
Always
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Bank Statements, Loan Application
Borrower entity
LLC, Corporation

Property types

2–4 Unit ResidentialCondo / Townhome / PUDMixed-UseMultifamily (5+)Single-Family (SFR)

Lending footprint

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Explicitly excluded: AK, AZ, CA, MN, ND, NV, OR, SD, UT, VT

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.