Athas Capital – Non-Prime Bridge Lending Get Funded
Athas Capital Group’s genesis was driven by the belief that there was an undeserved Non-Prime market. Founded in 2008 with nearly 50 years of experience in all facets of real estate lending, the market was in need of a lender who understood the complexity of serving borrowers deserving of credit but did not fit the conventional lending box. Our flexible products offer financial solutions to meet these challenges, with options for both owner occupied and non-owner occupied residential properties in 21 states…and growing. Athas Capital Group also offers financing for income-producing commercial properties, including multi-family, mixed-use, office and retail buildings.
Every borrower deserves a loan and with our bridge loan product. Those borrowers looking to refinance N/O/O SFR, 2-4-unit properties, 5+ unit multi family, Mixed Use or Office & Retail have just that. We even finance properties in rural areas and those with minor to significant deferred maintenance. With an increased loan amounts and just about any credit profile Athas Capital Group is the home for your next bridge loan request. Our bridge products are usually used by Real Estate owners that only want to borrow money for a short period of time (up to 60 months), then want to exit out of our loan to obtain bank financing.
- No Income Proof Needed
- All Loans are N.I.V
- No Income Stated on 1003
- No DTI Ratios
- No DSCR calculated on residential properties
- Rates as low as 6.99%
- LTV up to 80%
- Loan Amounts from $50,000 – $15,000,000
- Lending to LLC’s, S-Corp, Trust or Individuals.
- Property Types Include: SFR, Condo, Condotels, 2-4 Units, Multifamily, Mixed-Use, Office, Retail
- Interest Only Option Available
- Foreign Nationals – OK
- 100% Gift Funds – OK
- Properties with Deferred Maintenance
- Rural Properties
- Short Term and Long Term Bridge Options are Available
- No source & seasoning of down payment options
- Up to 2 point rebate
Loan Category : Real Estate Lenders
Company : Athas Capital Group, Inc.
Phone Number : 1-877-877-1477
Address (Street, City, State, Zip) : 27001 Agoura Road Suite 200 Calabasas Hills, CA 91301
License# : CFL# 603 F869 NMLS# 275237
Broker Co-Op : Yes
Lender/Loan Type : Bank
Loan Purpose : Bridge
Property Types : Commercial/ Industrial (Warehouse), Medical (Hospital, Rehabilitation Centers, Assisted Living), Municipal, Public Works Financing, Religious Uses