Specialty Lending Group is a hard money lender that offers loans for fix and flip experienced investors in DC, Virginia, and Maryland. They have been in business since 2007. They’ll lend up to 70% LTV, and were rated 5 stars based on 1 Facebook Review.
Lender Information
Business Name: | Specialty Lending Group |
Business Website: | speclendgroup.com |
Business Address: | 6305 Ivy Lane Suite 320 Greenbelt, MD 20770 |
Business Phone: | 240-965-2060 |
Business Email: | speclendgroup.com/contact-us/ |
Business Established: | 2007 |
LinkedIn: | linkedin.com/company/specialty-lending-group-llc |
Facebook: | facebook.com/speclendgroup |
Specialty Lending Group Rates & Terms
Types of Properties | Non-Owner Occupied Single Family Investment Property Multi-family Condo Conversion Commercial Property Retail, Office and Mixed Use |
Loan Amount | Up to $1 million |
LTV | Up to 70% |
Interest Rates | Varies per borrower and project |
Lender Fees | Varies per borrower and project |
Loan Terms | 3 to 24 months |
Minimum Qualifications/Documentation | Good credit Capacity to pay |
Time to Funding | 2 weeks or more |
Other Financing Available | Hard Money Loans Bridge Loans Private Flexible Loans Condo Conversions Long Term Loans Just Missed Bank Financing Land & Ground Up |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
DC, Maryland, Virginia