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Old North Capital Fund, LLC

Tucson, AZ·8 states
Old North Capital Fund is a true asset-based lender offering flexible short-term financing that gives investors the power to fund their real estate opportunities hassle-free and scale their portfolio. Our lending is mainly for single family homes in urban/suburban areas, but we will consider multifamily with up to 10 units.
Old North Capital Fund, LLC describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$100K – $2.5M
Typical term
6 mo – 12 mo
Interest rate
11.9% – 13%
Origination / points
2% to 4%
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
10 days typical
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Loan Application
Borrower entity
LLC, 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.