Avatar Financial Group

Loan programs

Terms & qualification

Typical loan size

$500K – $25M

Typical term

0 mo – 24 mo

Interest rate

8.99% – 9.99%

Origination / points

2% to 4%

Minimum FICO

650

Lien position

1st

Prepayment penalty

no

Payment structure

Interest Only

Recourse

Sometimes

Closing speed

14 days typical · 14 days fastest

Cross-collateral

Yes

Equity / JV capital

No

Income documentation

Credit Report, Financial Statements, Loan Application

Borrower entity

Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA

Property types

Lending footprint

Explicitly excluded: NV