← All lendersPeak Asset Lending describing itself
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.
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.