Capella Mortgage Corp

Loan programs

Terms & qualification

Typical loan size

$35K – $40M

Typical term

3 mo – 117 mo

Interest rate

7% – 24%

Origination / points

1.75% to 6%

Lien position

1st, 2nd

Prepayment penalty

Each loan has its own prepayment penalty depending on the borrowers plan with the property.

Payment structure

Interest Only

Recourse

Sometimes

Closing speed

7 days typical · 5 days fastest

Cross-collateral

Yes

Equity / JV capital

No

Income documentation

Loan Application

Borrower entity

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

Property types

Lending footprint