Jordan Capital Finance

Phone: 224-221-2100

Address: 5 Revere Drive Suite 410, Northbrook, Il. 60062

Website: http://www.jordancapitalfinance.com/

States They Lend In: Alabama, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming

 

Direct Private Money Financing For Investors Jordan Capital Finance is a top 5 national lender. We are uniquely dedicated to helping our customers increase their profits and success. Our financial strength combined with our experience affords us the ability to deliver for you like no other finance company. We share the interest of improving communities and neighborhoods. We are not a traditional hard money lender, we are a private money lender. JCF has a proven history in creating value and making unparalleled commitments to client investors. The principals and management have extensive experience in commercial lending, residential mortgage banking, and real estate investing.

 

Fix and Flip Loans

 

Loan Purpose: Purchase and Renovation

Property Types: Non-owner occupied residential. (Single family and multi-family up to 30 units.)

Borrower Types: Individual or LLCs

Loan Term: Typically 9 months, but can range from 3-24 months

Security: First

Mortgage Loan Amount: $50,000 - $5,000,000

LTV: 1-4 Units The lesser of 90% of acquisition and rehab costs or 75% of after repaired value (ARV)

LTV: Multi-Family up to 30 Units The lesser of 75% of acquisition and rehab costs or 60% of ARV Amortization Interest Only Prepayment Premium None Recourse Recourse -

 

Single Property Loan

 

Property Types: 1-4 Family, Condos, PUDs

# of Properties: 1

Loan Purpose: Purchase and Refinance

Minimum Property Value: $100,000

Loan Term: 30 Years

LTV: Up to 75%

Rate Type: Fixed

Borrower Types: Individual or LLCs

Recourse: Yes

Security: First

Mortgage Loan Amount: $75,000 to $5,000,000

Amortization: Fully Amortized

Prepayment Premium: None

Real Estate Tax & Insurance Escrows: Yes

Minimum Fico: 620

 

Multi-Property Loan

 

Property Types: 1-4 Family, Condos, PUDs

Minimum # of Properties: 5

Loan Purpose: Purchase and Refinance

Loan Term: 5, 10 or 30 Year

LTV Recourse: Up to 75%

Non-Recourse: Up to 60%

Rate Type: Fixed

Minimum Property Value: $50,000

Borrower Types: Single Person Entities (e.g. LLC)

Recourse: Recourse / Non-Recourse

Security: First Mortgage & Equity Pledge

Loan Amount: $150,000 to $7,500,000

Amortization: 30-Year

Prepayment Premium: 30 Year: None / 5 & 10 Year: Yes

Real Estate Tax & Insurance Escrows: Yes

Minimum FICO: 620

Cross Collateralization: Yes