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Peak Asset Lending

Lenexa, KS·
Peak specializes in fast funding for residential investment properties (1-4 units) in 25 states – purchase, refinance, cash out, rehab, flip, ground-up construction and 30-year rental loans. While most lenders shy away from vacation homes and long-term rentals, they are very attractive to us. We lend to a variety of entity types, including self-directed IRA’s, solo 401k’s and foreign nationals. Peak is very well capitalized and lend off our own balance sheet. We don’t mind properties with values under $50K, so long as we approve the location.
Peak Asset Lending describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$25K – $1M
Typical term
6 mo – 30 yr
Interest rate
7.5% – 12%
Origination / points
1.75% to 3.5%
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Sometimes
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Bank Statements, Financial Statements, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Self-Directed IRA

Property types

Lending footprint

Not reported.

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.