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MassPrivateLending.Com, Inc.
Cohasset, MA·2 states
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $75K – $1M
- Typical term
- 6 mo – 12 mo
- Interest rate
- 12%
- Origination / points
- 2% to 3%
- Lien position
- 1st
- Prepayment penalty
- No Prepayments Penalties
- Payment structure
- Interest Only
- Recourse
- Sometimes
- Closing speed
- 7 days typical · 5 days fastest
- Prepayment structure
- None
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Financial Statements, Loan Application
- Borrower entity
- LLC, Limited Partnership, Corporation