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Green Block
Ann Arbor, MI·1 state
We are asset-based lenders. Green Block ensures that all parties benefit and won’t approve funding unless it is win-win for us and our borrowers.
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $75K – $2.5M
- Typical term
- 0 mo – 30 yr
- Interest rate
- 4.25% – 15%
- Origination / points
- 1% to 4.5%
- Minimum FICO
- 620
- Lien position
- 1st
- Prepayment penalty
- 5 year step down penalty for 30 year rental loans.
- Payment structure
- Interest Only
- Recourse
- Always
- Closing speed
- 7 days typical · 2 days fastest
- Prepayment structure
- Step-down
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Bank Statements, Loan Application
- Borrower entity
- LLC, Limited Partnership, Corporation