Christian Capital Group, Inc.
- Home
- United States
- Columbus, OH
- Christian Capital Group, Inc.
Christian Capital Group, Inc is a commercial real estate lending company specializing in Hard Money loans. Christian Capital Group, Inc.
Address
Columbus, OH
43211
Telephone
Website
Products
Short Term Bridge Loans
60-90 Day Funding Cycle
Christian Capital Group, Inc.
$ 500-$1,000 application fee after receipt of the Letter of Interest
Borrower required to pay the following:
Appraisal Fee - $ 1,500-$3,500 (Market Pricing)
EPA or Toxic Fee- $ 800 - $2,500 (Market Pricing)
2 BPO’s from Independent Commercial Realtors
(Completed to determine value prior to appraisal)
Easy Commercial Mortgage Loans
9.99% - 13.99% for the 1st 3 – 5 years. Adjustable semi-annually for 10 years thereafter.
Index- FIVE YEAR CONSTANT MATURITY TREASURIES
Higher Start Rates for older, less attractive properties
2.5 – 5.0 points + $ 950 (Maybe 1.5 – 2.5 points for a gorgeous property less than 10 years old- No rural properties. Select MSAs over 100,000)
NO PREPAYMENT PENALTY!
Loans are assumable
Legal fees at closing: $ 2,500
Minimum loan amount- $ 75,000 – Maximum loan amount- $ 2,500,000
(Loans are funded by private investors as deeds of trust)
LOAN TO VALUE RATIOS
(Junior financing is allowed!)
65% maximum LTV on rental-type commercial properties
Apartment Buildings (5+ Units), Office Buildings, Retail Buildings, Strip Centers & Shopping Centers, Industrial Buildings & Warehouses, Mobile Home Parks & Trailer Parks, Self-Storage & Mixed Use Properties
55% maximum LTV on business-type properties
Hotels and Motels, Restaurants & Bars (Unless building is basically a box-then maybe 65% LTV), Residential Care Homes, Nursing Homes and Convalescent Hospitals, Auto Repair Buildings, Gas Stations, Churches, Adult Entertainment.
This matrix is for real estate professionals and is informational only. Terms and conditions are subject to change without notice. This information should not be construed as a preapproval.
December 11, 2011
Alerts
Be the first to know and let us send you an email when Christian Capital Group, Inc. posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.
Contact The Place Of Worship
Send a message to Christian Capital Group, Inc.: