The Lending Commons
← All lenders

Equity Lending Inc

Gaithersburg, MD·1 state
Visit website ↗15935251530
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

Loan programs

Bridge

Maximum leverage
Max LTV 65%

DSCR / Long-Term Rental

Maximum leverage
Max LTV 65%

Fix & Flip

Maximum leverage
Max LTV 65%

Commercial

Maximum leverage
Max LTV 65%

Ground-Up Construction

Maximum leverage
Max LTV 65%

refinance

Maximum leverage
Max LTV 65%

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

Lending footprint

DE