criteria

Private Money Lending Program:
Commercial Mortgage Loans Only
Papke Group Capitals Partners does not lend money on Owner Occupied Residential property.

Financing:
Whether buying or selling, financing plays a key roll in your investment goals. Our strong
relationships with many of the leading mortgage financial institutions and the private money
pools of mortgage investors allow us to structure financing to meet our clients needs.

For Example: “Have you considered what offering a ten-day close could do for your
investment negotiations?”

Lending Area:
Southern California - ONLY

Product Type:
▪ Apartments
▪ Industrial
▪ Office
▪ Retail

Transaction Size and Term:
Bridge Loans
We Offer financing up to $10,000,000.
As the term implies, a bridge loan is meant to "bridge” the financial gap between short periods of
of time when money is needed.
  Loan terms - 12 to 24 months in duration, include a 6 month interest prepayment penalty.
  Payable Monthly - Accrued Interest Only

Fees and Interest Rates:
The program provides financing with moderate fees 2-4 Points, and annual interest rates ranging from
9.0 - 12.5% depending on the properties risk profile.

Maximum LTV:
Loan amounts can be up to 65% of the market value of the collateral
and depends on the borrowers cash flow available for debt service.

Minimum Annual DCR:
1:20 - 1.25 Apartments and 1:35 Commercial

Loan Documents Needed:
Credit Report, Appraisals, Insurance, Loan Application #1003, Tax and Verification of Employment
and in Rare Cases, Environmental Reports.
The most important thing to understand is that the loan approval process is 100% dependant on your documentation.
To insure a smooth transaction, it is imperative that you have all of your documents gathered prior to you initial loan application.
Our mortgage investors usually prefer First Trust Deeds, but they will, consider second
mortgage financing, on a case by case basis as well.

Closings Costs:
Normal third party closing costs and no extraordinary charges

Typical Closing Time:
  Short term bridge loans, usually 10 - 14 working days after verification of credit, equity and title.
Long Term Multifamily loans usually 30 - 45 working days after verification of credit, equity and title.

Mortgage Note Purchase Financing:
Note Purchase financing is treated just like a full doc commercial loan. We use the recorded
First Trust Deed and Note as collateral and the loan is a full recourse loan.
The LTV limit is controlled by the DCR and or the exit strategy.
Minimum Note Original Value: $2,000,000.
Performing or Not - Loan Terms up to Five Years
Commercial & 5 Units Plus Multifamily Notes California "Only"

The Financial Institution that buys this loan paper has a minimum loan of two million
and no maximum justifiable limit.
Quick Response and Fast Closing - Please call for more information

Call Peter Papke today, if you are Financing, Buying or Selling
a Commercial Real Estate Investment:

Phone: 714-287-1000