Arch Duke Capital
4819C Eisenhower Ave
Alexandria, VA 22304
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About Arch Duke Capital
Arch Duke Capital is an Alexandria, VA based hard money lender. They provide funding all across the United States. They offer lending solutions for a variety of scenarios, including short term loans and private commercial loans. Their lending guidelines are flexible, including loan amounts ranging from $50,000 to $50,000,000 with a maximum LTV of 70%. They provide loans on many types of properties, including multi-family units, apartments, offices, retail units, hotels and motels, storage buildings, assisted living facilities, mixed use, warehouse buildings, industrial facilities, medical buildings, and churches.
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Loan Types Offered: Commercial Hard Money Loans, Bridge Loans
Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Church
Areas Served: National
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Lending Guidelines for Arch Duke Capital
Below are the general loan guidelines published on the Arch Duke Capital website. Please confirm all terms and rates directly with the lender.
Commercial Hard Money Loans
Loan Amounts: $50,000 - $50,000,000
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): 70%
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ABridge Loans
Loan Amounts: $50,000 - $50,000,000
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): 70%
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Arch Duke Capital.
Loan Example 1
To facilitate her growing business, Milagros decides to acquire a new office building. After being turned down for standard loan from her local bank, she applies for a commercial hard money loan from Arch Duke Capital. The property costs $380,000. Milagros will need to put 40% down, or $152,000, because the lender will only loan 60% of the acquisition (the loan to value or "LTV"). This means the principle on the deal is $228,000. The terms of the deal include a 6 month length, a 10% rate of interest, and 2 origination points paid by Milagros when the deal is closed. Milagros may eliminate the note at any point in time by paying off the $228,000 of principle, however, she will need to make $1,900 /month interest payments ($228,000 principle value x 10% interest / 12 months per year) in the interim, or up to the point the note expires. Since there isn't a pre-payment penalty, the only additional cost she would have to pay is the $4,560 origination fee which she will contribute at the closing.
Loan Example 2
Arch Duke Capital makes a hard money bridge loan to Cora for a renovation project in Austin, TX. The deal dictates the following:
a) A $400,000 sales price, b) a 80% loan to value (LTV), c) a 6 month term, d) a 13% interest rate, and e) a 1% origination fee.
Once the rehab project is complete, if Cora sells the house for $560,000, the numbers would be the following:
$560,000 sales price
- $320,000 loan principle (80% LTV)
- $80,000 down payment (20% on 80% LTV)
- $3,200 origination points (1% of the $320,000 principle)
- $20,800 total interest paid (6 months x 13% interest)
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= $136,000 gross profit (doesn't include taxes or rehab costs) -
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