Axiom Capital Resource

About Axiom Capital Resource

Axiom Capital Resource is a Chicago-based private investment firm and lender that specializes in real estate secured debt investments. We specialize in acquiring value-add, income-producing, and opportunistic properties.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use, Industrial, Medical

Areas Served: National

Lending Guidelines for Axiom Capital Resource

Below are the general loan guidelines published on the Axiom Capital Resource 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 Axiom Capital Resource.

Loan Example 1

Amanda is a real estate investor in Boston, MA. She finds a run-down property and decides to rehab it and sell it for a profit. The property costs $170,000 but she doesn't have the full amount so she takes a private money loan with Axiom Capital Resource. Because the lender agrees to a 80% loan-to-value, Amanda will have to put 20% down and the amount of the loan will be $136,000. The terms of the loan also stipulate a four point origination fee that will be paid at closing and a 12 month, interest only note with a 9% rate of interest.

Accordingly, Amanda will be required to make a $34,000 down payment plus pay a $5,440 origination fee. Once the loan is closed and Amanda takes the property, she will begin making payments each month of $1,020 to Axiom Capital Resource ($136,000 principle x 9% / 12 months). If Amanda sells the project for $229,500 after 12 months, she would realize a gross profit of $41,820 after deducting the principle of $136,000, the cash contributed at closing of $34,000, the origination fee of $5,440, and the total interest payments of $12,240. This gross profit doesn't include rehab costs.

Loan Example 2

Patsy takes out a fix and flip loan from Axiom Capital Resource in order to renovate a property to resell in Alexandria, VA. The loan has the following parameters:

a) A $220,000 sales price, b) a 60% loan to value (LTV), c) a 18 month term, d) a 13% interest rate, and e) a 2% origination fee.

Assuming a $297,000 sales price after the 18 month term, the final numbers for this project would look like the following:

$297,000 sales price
- $132,000 principle (60% LTV)
- $88,000 cash paid at closing (40% on 60% LTV)
- $2,640 origination fee (2% of the $132,000 principle amount)
- $25,740 total interest paid (18 months x 13% interest)
-----------------------
= $48,620 total profit (does not include taxes or renovation costs)

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