LCThe Lending Commons
← All lenders

Lionscove

Redmond, WA·4 states
Lionscove finances residential land acquisition and development, horizontal infrastructure work and ground-up construction for experienced homebuilders.
Lionscove describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical term
3 mo – 18 mo
Interest rate
8.5% – 14%
Origination / points
1% to 4%
Minimum FICO
400
Lien position
1st, 2nd
Prepayment penalty
Typically 3 months guarantied.
Payment structure
Interest Only
Recourse
Sometimes
Closing speed
10 days typical · 2 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation

Property types

Lending footprint

Sources

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.