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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.