Private Money

Securing the right loan is often the linchpin in any real estate transaction or investment. At Peoples National Capital Group, we excel in loan placement, leveraging our extensive network of lenders to connect you with financing solutions tailored to your specific needs.

Some transactions are under a time constraint or subject to limited traditional banked options.

Commercial "hard money" loans are a short-term financing solution utilized to purchase or renovate nearly every type of property.

Because the underwriting is very property-centric, credit and documentation requirements are usually less stringent; allowing for faster closings.

Eligible Properties: Multi-family, Office, Retail, Hospitality, Indstrial, Student Housing

Loan amount range: Minimum $500,000

Interest Rate: Starting at Prime + 4%

Loan Term: 12 to 36 months. Extensions are possible

Amortization: Interest only

Maximum LTV: Generallly 65%

Prepayment: Varies by program