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Tower Fund Capital

New York, NY·Nationwide
Tower Fund Capital offers a true hard money no-doc loan program, that does not depend on credit score or financial qualification of the borrower or the property. The only qualifier is the true value of the asset that is being offered as a collateral.
Tower Fund Capital describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$200K – $50M
Typical term
12 mo – 24 mo
Interest rate
7.5% – 12%
Origination / points
1% to 3%
Lien position
1st
Prepayment penalty
6 months of interest payments
Payment structure
Interest Only
Recourse
Always
Closing speed
15 days typical · 4 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
LLC, Limited Partnership, Corporation

Property types

Lending footprint

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.