ACQUISITIONS & DISPOSITIONS
LIEN POSITION
1st Priority Lien Mortgages Only
COLLATERAL TYPE
Commercial - Multifamily, Retail, Office, & Hospitality
Single Family Attached
Single Family Detached
Townhome / PUD
Condos
2-4 Unit Residence
LOAN TO VALUE
Preferred 85% however lower LTV’s can be considered with counterbalancing interest rates if the loan is performing.
COLLATERAL VALUATION
Minimum Values of $20,000
Maximum Value of $10,000,000 (some exceptions could be made)
GEOGRAPHIC TARGETS
Our main focus is Southeast Florida, Central Florida and Midwest Florida (Tampa proximities). We are currently open to other metro area markets like Texas,
New York and California.
PERFORMANCE CRITERIA
Nonperforming loans delinquencies equal to or greater than 90 days with evidence of 12 month pay history.
Performing and Re-Performing Assets with evidence of a minimum of 12 month Pay History.
FICO / CREDIT
Preferred FICO score minimum at least 580
Lower FICO scores will be considered with counterbalancing attributes
