EXPERIENCE: We have almost 75 years of Private Lending experience among the owners at Equity Lending, Inc. We have deep experience and knowledge of the DMV market as both Lenders and Development oriented principals.
Equity Lending Inc describing itself
Terms & qualification
Typical loan size
$100K – $5M
Typical term
6 mo – 18 mo
Interest rate
10% – 16%
Origination / points
3% to 6%
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
10 days typical · 5 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Loan Application
Borrower entity
Individual(s), LLC, Corporation, Self-Directed IRA
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.