Lending Basics

FEES AND TERMS
  • Application Fee: None
  • Security: First Mortgage Position
  • Loan to Value: Up to 65%
  • Loan to Cost/Renovation: Up to 75%
  • Loan Size: Starting at $100,000
  • Loan Term: 1 year
  • Interest Rates: Starting at 13%
  • Origination Fee: Starting at 3%
  • Prepayment Penalties: None
  • Minimum Loan Term: None
  • Appraisals required for any loans greater than $250,000

FINANCING AVAILABLE FOR

We work with real estate investors to provide short-term funding for:

  • Bank-foreclosed residential properties
  • REOs
  • Short Sales
  • Multi-family buildings
  • Real estate acquisition

As commercial lenders, we do not finance owner-occupied properties.


AREAS SERVED

Each link below shows some of our closed transactions in that area.

BROKERS PROTECTED  learn more ....

GALA RESOURCES LLC    1212 Avenue of the Americas  10th Floor   New York, NY  10036
DIRECT HARD MONEY LOANS SINCE 1990