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RTI Properties describing itself

RTI Properties
Torrance, CA·4 states
RTI Properties is a direct private lender providing bridge loans to real estate investors and developers. We offer fast approvals, competitive rates, and reliable service. We do not require appraisals, third party reports, and we have no prepayment penalties.
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $150K – $20M
- Typical term
- 1 mo – 12 mo
- Interest rate
- 6.99% – 12.99%
- Origination / points
- 1% to 3%
- Lien position
- 1st, 2nd
- Prepayment penalty
- no
- Payment structure
- Interest Only
- Recourse
- Sometimes
- Closing speed
- 5 days typical · 3 days fastest
- Prepayment structure
- None
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation