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Cetan Funds, LLC describing itself
Cetan Funds, LLC
Eugene, OR·2 states
Cetan Funds, LLC lends exclusively in Oregon and Southwest Washington, focusing on markets its team knows directly.
Loan programs
Maximum leverage
Max LTV 75%Max LTC 90%
Maximum leverage
Max LTV 75%Max LTC 90%
Maximum leverage
Max LTV 75%Max LTC 90%
Maximum leverage
Max LTV 75%Max LTC 90%
Also offers— no published terms
Terms & qualification
- Typical term
- 6 mo – 36 mo
- Interest rate
- 10% – 12%
- Origination / points
- Typically 1.5% to 4% depending on program and risk
- Minimum FICO
- 540
- Lien position
- 1st
- Prepayment penalty
- Typically, 1% if repaid in the first 3-6 months, depending on loan term and the specifics of the deal.
- Payment structure
- Interest Only
- Recourse
- Always
- Closing speed
- 10 days typical · 3 days fastest
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Tax Returns, Bank Statements, Financial Statements, Loan Application
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation