Phone: (203) 230-8500
Address: 2321 Whitney Ave, Hamden, CT 06518
States They Lend In: Alabama, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Hampshire New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Washington D.C, Wisconsin
Commercial loans on 1 - 4 Family investor properties and small apartment buildings. Larger Commercial loans financed in our Commercial Hard Money Division.
First mortgage only.
Up to 100% of the purchase and rehab, subject to: (i) a minimum borrower funded reserve of 12.5% of the loan amount and prepaid interest for six months, and (ii) up to a maximum LTV of 65% of the After-Repaired-Value of the property.
Renovation funds are usually advanced in one to three draws, and wired directly to your account. Rehab portion of the loan typically not to exceed 100% of acquisition cost unless otherwise approved.
Personal guarantee required.
Investor Assessment Form
Summary of Rehab Work to be Completed
After-Repair-Value Appraisal (Obtained by Brookview)
Title Policy (Obtained by Brookview)
Brookview Deal Submission Form
Pictures of Rehab Property
3 months of Bank Statements
2 years of Tax Returns
3 Most Recent Paystubs
Once a borrower has been approved, funding of individual transactions is quick. No need to reapply for subsequent transactions.
Commercial Hard Money
If you are looking for bridge financing on your commercial property, we can help. Regardless of the project size, Brookview has a vast network of affiliate investors who look for bridge financing opportunities in commercial loans. While there is no dollar limit, loans typically range from $2 to $20 million.
- Short Sales
- Discounted Note Purchases
- Properties Needing Renovations
- Quick Closings
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