1.800.240.6466
 

Residential

Most private money residential loans are short term in nature. We understand that time is of the essence and that borrowers are looking for an easy process.

When your transaction does not fit traditional guidelines, Sequoia is the lender of choice. Traditional lenders cannot compete with our speed or streamlined underwriting process. If the borrower has equity and a plan that makes sense, we are interested. Each loan we fund is structured to meet the needs of the borrower and therefore our pricing and loan terms vary with each scenario.

Regardless of the reason, Sequoia is the solution for borrowers who need immediate access to capital.

Key Benefits

  • Flexible underwriting
  • Competitive pricing starting at 8.99% and 2 points
  • We close quickly and efficiently
  • Non-FICO driven approval process

Program Details

  • Loan Amounts: up to $3,000,000
  • Loan to Value: 60%, exceptions possible up to 65%
  • Interest Rates: starting at 8.99%
  • No Prepayment Penalty options available
  • Loan Terms: up to 10 years
  • Lien Position: First and select junior liens
  • Fees: starting at 2 points

ALL TYPES OF RESIDENTIAL PROPERTIES CONSIDERED

  • SFR 1-4 (O/O & N/O/O), Multi-Family, Investment Properties, Mixed Use, Second Homes, etc.
  • Cross-collateralize multiple properties to maximize loan amounts
  • Subordinate liens and seller-carry are okay

FOR ANY PURPOSE

  • Borrowing against properties listed for sale is no problem
  • No limits on Cash Out
  • Perfect for transitional "Bridge" financing
  • Acquisition of discounted properties
  • Restructure debt, settlements, divorce or to buy out partners

ALL TYPES OF BORROWERS

  • Individuals, LLC's, Partnerships, Corporations, Trusts, Foreign Nationals, etc.
  • Combine multiple borrowers or multiple entities in a single transaction

PORTFOLIO LENDER

  • Sequoia does not rely on credit lines from the secondary market
  • Creative approaches to each loan request
  • No seasoning requirements and no cash-out limitations

SIMPLE PROCESS

Fill in our Request a Quote or call us at 1.800.240.6466 and we will respond within one business day or:

Fax 415.946.8230 or email us your 1003 and credit report

FAST RESPONSE
One business day turnaround on our expression of interest.

Request a quote