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The Brookline Group

Tarzana, CA·1 state
The Brookline Group offers business purpose loans to real estate investors in all counties throughout California as an investment for its own account. Loan-to-value ratios are very conservative (up to 55% LTV ), but most loans do not require an appraisal. Most of our loans are equity cash out refinance, and some are purchase loans. Will consider raw land if the LTV is under 25%.
The Brookline Group describing itself

Loan programs

Offers— no published terms
Land & Lot

Terms & qualification

Typical loan size
$30K – $1.2M
Typical term
6 mo – 60 mo
Interest rate
8% – 12.5%
Origination / points
0.5% to 3%
Lien position
1st, 2nd, 3rd
Prepayment penalty
3 months minimum
Payment structure
Interest Only
Recourse
Sometimes
Closing speed
10 days typical · 4 days fastest
Cross-collateral
No
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA

Property types

Land & Lots

Lending footprint

CA

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.