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Bay Mountain Capital

Dallas, TX·Founded 2008·1 state
Bay Mountain Capital is a private lender headquartered in Dallas, TX offering funding across the following areas: Dallas, Houston, Austin, San Antonio, Waco, College Station, Laredo, Corpus Christi, Port Aransas, Brownsville, and Atlanta. They offer hard money loans for commercial properties, fix-and-flip hard money loans, and investment property loans. Their loan guidelines are flexible, including loan amounts ranging from $50,000 to $5,000,000, terms between 6 months and 1 year, and rates starting at 10.9% . They lend money to any borrower based on the value of the property and do not require a minimum credit score. They will make loans on various types of properties, including single family homes, multi-family units, apartment buildings, office buildings, retail spaces, and undeveloped land.
Bay Mountain Capital describing itself

Loan programs

Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Also offers— no published terms

Terms & qualification

Typical loan size
$50K – $10M
Origination / points
2% to 4%
Lien position
1st
Prepayment penalty
no
Recourse
Always
Prepayment structure
None
Cross-collateral
No
Equity / JV capital
No

Property types

Lending footprint