NEW JERSEY

SCOTSMAN GUIDE RATED:

 

ALPHA FUNDING SOLUTIONS #4 TOP HARD MONEY LENDER IN VOLUME NATIONWIDE

NEW JERSEY FOCUS AREAS: We lend hard money loans in all New Jersey Counties

  • Essex, Hudson, Hunterdon, Mercer, Morris, Monmouth, Middlesex, Ocean, Passaic, Somerset, Union, Warren, Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Gloucester, Salem, & Somerset.

HARD MONEY LENDING HIGHLIGHTS:

  • 65% Loan to Value based off of the After Repair Value
  • 1 to 2 Year Terms
  • Funding 80% to 90% of total project cost
  • Loan Must Close in LLC or Corporate Entity
  • Interest Only
  • Quick Closings
  • Single Family, Multifamily, Mixed-Use, and All types of Commercial
  • No churches, gas stations, or limited special use properties
  • Single Families are investor only, Commercial can be owner occupied
  • No Money Down
  • No FICO minimum
  • Rates from 12% to 14% – Interest only
  • Origination Fee 2 to 4 Points
  • All Asset Classes Considered
  • Loan Amounts up to $3,000,000
  • 10 Day closings