Artos Capital

About Artos Capital

Headquartered in Vero Beach, FL, Artos Capital is a hard money lender offering funding all across the US. Their focus is primarily on commercial hard money loans. They provide loans on many property types, including single family homes, multi family residences, apartments, office buildings, retail storefronts, hotels, storage facilities, assisted living communities, mixed use, warehouses, industrial facilities, and medical offices.

Loan Types Offered: Commercial Hard Money Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical

Areas Served: National

Lending Guidelines for Artos Capital

Below are the general loan guidelines published on the Artos Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Artos Capital.

Loan Example 1

Rene is a small business owner in Memphis, TN. He decides to buy a new commercial building for his business but he isn't able to secure a commercial mortgage from his bank due to his subpar FICO score. He turns to Artos Capital for a commercial private money loan in order to fund the acquisition. The lender contracts to a 60% loan-to-value (LTV) on the deal and the new property costs $290,000, so they will loan $174,000 and Rene will pay the additional $116,000. In addition, the lender will charge a 1 point origination fee to go along with the 12%, 18 month term on the loan. They agree to not enforce a pre-payment penalty in the event that Rene pays off the loan before expiration. Rene will be required to pay an origination fee of $1,740 and will then begin to make the monthly payments of $1,740 ($174,000 principle x 12% interest / 12 months). He may re-pay the note whenever he wants to because there isn't a pre-payment penalty but he will be responsible for the full principle whenever he eliminates the loan.

Loan Example 2

Marion is a an investor in Lubbock, TX. He locates a run-down property for a rehab project and obtains a hard money loan from Artos Capital with the following terms:

$150,000 sales price
85% loan-to-value (LTV)
18 month term
8% rate of interest
4% origination fee

Marion plans to list the house when the note expires for $225,000. If he accomplishes his goal, the final numbers would be the following:

$225,000 sales price
- $127,500 principle on note (85% LTV)
- $22,500 cash paid at closing (15% on 85% LTV)
- $5,100 origination points (4% of the $127,500 principle)
- $15,300 total interest paid (18 months x 8% interest)
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= $54,600 gross profit (does not include taxes or renovation costs)

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