Uncategorized

Private Loan Requirements

/ / Leave a Comment

Here is an outline of private loan requirements.

  • What Financials do you need to show to a private lender?
    99% of the time there are no personal financials required, however, property financials will sometimes be requested depending on the property type, tenancy and ownership.

Credit scores, personal tax returns, etc. are almost never requested.

  • Is there a loan to value ratio that needs to be met?
    Yes, though these can vary from lender to lender. Typically lenders will go up to about 70% LTV, but some go as high as 80% and others won’t go above 60%.
    The LTV requirement can also vary depending on the property type. Land, for example, will max out around 50% LTV, as it’s a riskier asset. Another factor that may influence the LTV requirement may be the market climate. In a hot market Lenders are more likely to go to higher LTV’s than they would be in a cold market.
  • Do I need to show the property produces income?
    Stabilized assets are always looked on more favorably by lenders as there is a cash flow to cover debt payments. But not all deals feature stabilized assets and Lenders understand this. Lenders do like to
…

Private Loan Requirements Read More »

$3,150,000 Combined First and Second Mortgage – Industrial Property Loan – New Rochelle, NY

/ / Leave a Comment

$3,150,000 Combined First and Second Mortgage – Industrial Property Loan – New Rochelle, NY

The owners and operators of a commercial landscaping business on a 1.8 acre property in New Rochelle, NY came to H&O Capital Funding needing to refinance their current mortgage, which was being called as the landscapers had accrued a large tax lien. The stand alone value of the property wasn’t quite enough to get the landscapers what they needed, so H&O Capital had to get creative and added a second mortgage and a UCC against the landscaping business. The key was coming up with enough to pay off the current lender, pay the outstanding taxes, as well as create an interest reserve to help with monthly payments. While not their usual speedy closing, H&O Capital was still able to get the deal done in 45 days.

For more information on loans that we offer, visit our website.…

$3,150,000 Combined First and Second Mortgage – Industrial Property Loan – New Rochelle, NY Read More »

$2,850,000 Single Family Investment Property – Brooklyn, NY

/ / Leave a Comment

$2,850,000 Refinance – Single Family Investment Property – Brooklyn, NY

A seasoned developer ran into some trouble with a construction loan for a large single-family home he was building in the Sheepshead Bay area of Brooklyn. Having started the project in 2009 just around the time of the financial collapse, the developer ran into some trouble. He was able to delay foreclosure proceedings by declaring bankruptcy, but time had finally run out and he needed to pay the lender off ASAP. H&O Capital Funding stepped in and gave him the funds he needed to get out of hot water. With the property occupied and cash flowing, the borrower now has some breathing room until he can refinance with a conventional lender down the road.

For more information on loans that we offer, visit our website.…

$2,850,000 Single Family Investment Property – Brooklyn, NY Read More »

Steps to Qualify for Hard Money Loans

/ / Leave a Comment

Hard Money Loans are asset based, here are the steps to get one.

  • Present a description of the property and the value or potential value of the property

Nothing drives lenders crazier than trying to figure out what a property is. As a potential borrower you should provide a description of the property, along with the size, number of units and a rent roll. If you have historical expenses those will be helpful as well.

Lenders don’t want to make bad loans, but they won’t even consider a loan without some idea of the value of the property as compared to the loan request. If you are looking for a hard money lender to finance a deal, you must present the lender with an idea of the value or potential value of the property before they’ll consider the deal. This is called the Loan to Value ratio.

 

  • Have a financial plan

Hard Money Loans are typically very short term (1-2 years), so Lenders always want to know the exit plan. Will it be a refinance? Sale of the property? Bringing in a new equity partner?

Lenders want to make loans, get paid off and recycle the money into a …

Steps to Qualify for Hard Money Loans Read More »

$1,300,000 Refinance Loan – Automotive Assemblage – Long Island

/ / Leave a Comment

$1,300,000 Refinance Loan Automotive Assemblage (4 properties) – Farmingdale, NY

A family owned automotive business based out of Farmingdale, NY came to H&O Capital Funding looking for some help refinancing their property. Due to some mismanagement of the property after a death in the family, the company had to file bankruptcy to reorganize and regroup. With a pending bankruptcy, conventional financing really wasn’t an option. Luckily for the group, H&O Capital Funding was here to help them out with a $1.3m refinance of the property and give them some much needed time and breathing room to reorganize the management of the company.

For more information on loans that we offer, visit our website.…

$1,300,000 Refinance Loan – Automotive Assemblage – Long Island Read More »

Property Types for Hard Money Loans

/ / Leave a Comment

Hard Money Loans can work for most property types including:

  • Multi-Family Properties – These are a lender’s dream as the perception is that housing is always going to be in demand, which helps ensure very low vacancy rates. Lenders only major concern is whether or not the income generated by the property can service the debt service.
  • Commercial Properties – Retail or office properties have the potential to generate large amounts of income, but they can also be extremely difficult to stabilize if “anchor” tenants are lost. Lenders generally look for stabilized properties with long-term leases in place. That being said, retail has been hit hard across the country and most lenders are being more cautious with this property type. The loan to value ratio lenders feel comfortable with is down as compared to recent history (10-30 years ago).
  • Industrial/Warehouse Properties – With all the recent development of apartment complexes across the country, some of which built in former warehouse/industrial zones, the warehouse/industrial market has seen a boom in pricing recently. Simply put, it’s difficult to find a good warehouse property that is centrally located these days. The few that still exist are bringing in some very high prices. Lenders
…

Property Types for Hard Money Loans Read More »

$550,000 Unconventional Land Loan – Brooklyn, NY

/ / Leave a Comment

Land Loan – Brooklyn, NY  – $550,000

A Masonic group based out of Louisiana came to H&O Capital Funding looking for a loan on an approximately 4,000 SF parcel of land in Bedford-Stuyvesant. There were a few complications as the land was adjacent to a building that the group owned as well on a single tax lot. The subdivision wasn’t as easy to accomplish as they had hoped so H&O Capital ended up loaning on the entire parcel, with a caveat that once the subdivision was completed the building would be released from the loan.

For more information on loans that we offer, visit our website.…

$550,000 Unconventional Land Loan – Brooklyn, NY Read More »

New Construction Loan in the Hamptons – $800,000

/ / Leave a Comment

New Construction Loan – East Hampton, NY  – $800,000

Nearly finished with their construction of a beautiful, 4,000+ SF single-family home in an exclusive East Hampton neighborhood, the borrowers had a small balloon payment coming due on their construction loan. With the project still yet to be finished many lenders were shying away from the deal. H&O Capital Funding stepped in and understood how far along the project was and immediately knew the value was not going to be a problem, even with potential construction delays. Three weeks later, the deal was done and the borrower had some breathing room to get the project finished up and sold.

For more information on loans that we offer, visit our website.…

New Construction Loan in the Hamptons – $800,000 Read More »

Bronx Mixed-Use Refinance Loan – $1,350,000

/ / Leave a Comment

Bronx Mixed-Use Refinance Loan  – $1,350,000

Due to some communication mix-ups and an aggressive lender, the borrower on this loan was facing imminent foreclosure. Add in some credit issues and this borrower was in need of a lender who could move quickly and overlook many of the detrimental factors that prevented a conventional lender from doing the deal. Enter H&O Capital Funding, who was able to step in and get the deal closed in a timely fashion to help the borrower save their property.

For more information on loans that we offer, visit our website.…

Bronx Mixed-Use Refinance Loan – $1,350,000 Read More »

What are Commercial Bridge Loans and How Do They Work?

/ / Leave a Comment
  • What are Commercial Bridge Loans?
    A Bridge Loan is typically used to purchase commercial real estate quickly or refinance a property to forestall foreclosure or retrieve a property from foreclosure. Bridge loans are typically short-term loans used to “bridge” the gap between the transaction and the date long-term financing is secured. Bridge loans are almost always interest only and have a short time frame (6 months – 2 years).

 

  • How Do Commercial Bridge Loans Work?
    Just like any other commercial mortgage, the difference being the speed with which the loan can be closed and the terms. Commercial Bridge Loan providers generally require a minimum deal size, which varies from lender to lender. The loan amount will be determined by a combination of variables, i.e. value of property, cash flow it generates and net worth of the borrower(s).

 

  • What do they work best for?
    Commercial Real Estate deals that need to close ASAP. Conventional loans will take at least 60 days to accomplish. A bridge loan can usually be accomplished in 2-3 weeks.

Commercial bridge loans can be used for the purchase or refinance of office buildings, hotels, retail property, multifamily housing including apartment complexes, and even for raw …

What are Commercial Bridge Loans and How Do They Work? Read More »

Phone No:

914.620.6432

Email:

commercial@hom-realestate.com

Address:

133 Parkway Rd., Bronxville, NY 10708

© 2026. Houlihan and O’Malley Commercial Services. All Rights Reserved

Privacy Policy | Terms of Use

Facebook-square Linkedin