Lending Parameters

Applewood Funding, Inc. focuses on providing funding for real estate projects needing equity based, fast response, short-term bridge capital to allow the positioning or repositioning of the project for conventional long term financing.

Lending Area: Arizona Statewide

Term:

• Short Term - 30 day to 1 year interest only
• Medium Term - 30 year amortization / 1 year balloon to 30 year / 3 year interest only or amortized.
• Long Term - 30 year / 3 year ballon to 30 year / 5 year amortized or interest only or principal + interest.

Payments: Monthly

Property types: All properties considered including raw land

Applewood can provide funds for short, intermediate, and long-term real estate loans for:

• Commercial and industrial projects
• Single Family, Multi Family Construction
• Manufactured Housing
• Single Family, Multi Family Lending
• Apartments
• Land
• Churches
• Special purpose properties
• Acquisition and development
• Construction
• Participation loans
• Discounted notes
• Note hypothecation
• Other residential and commercial real estate related projects

Loan Size: $15,000 (in Arizona only) to $5,000,000 +

Interest Rates: Rates vary with term and depending upon collateral type

Loan to Value: Up to 65%

Closing Times: Average 14 days. Closings in as quick as 1-5 business days

Applewood is able to offer a wide variety of flexible and innovative mortgage programs with competitive rates to conforming and non-conforming borrowers while maintaining premium yields for our Investors. Applewood also has conventional sources including banks, thrifts, life insurance companies and conduit lenders.