Olympia Financial provides equity-based financing for commercial and residential real estate property. We work with borrowers who do not meet the stringent requirements of conventional underwriting guidelines. Below is a brief outline of our lending criteria.
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· Loan Types: 1st and 2nd Trust Deeds (3rd's will be considered)
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· Property Types: Residential, Commercial, Mixed Use, Apartments, Specialty Commercial Properties.
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· Borrower Types: Individuals, Trust and Estates, LLC's, Corporations and Partnerships
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· Loan Purpose: Acquisition and Refinance
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· Loan Amounts: $100,000 to $15,000,000
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· Loan Terms: 12-24 Months (longer terms to be considered)
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· Loan to Value: 70% (higher on a case by case basis)
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· Pricing: Typically 9-12% Interest Only
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· Lending Area: California