CRE Lender

About CRE Lender

CRE Lender is an asset-based lender providing funding all across the country. They provide loans for a variety of situations, including commercial loans and fix and flip loans. They offer loans on numerous property types, including single family units, multi-family units, apartment buildings, office buildings, retail units, hotels, storage facilities, senior living communities, mixed use buildings, warehouse buildings, industrial facilities, and medical facilities.

Loan Types Offered: Fix and Flip Loans, 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 CRE Lender

Below are the general loan guidelines published on the CRE Lender 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 CRE Lender.

Loan Example 1

Theresa finds a townhome in Nashville, TN to flip and re-sell. Since she does not have enough cash available to acquire the $300,000 project outright, she decides to take out a private money loan from CRE Lender. Since the lender agrees to a 75% loan to value, Theresa will be required to put 25% down and the amount of the note will be $225,000. The deal also includes these features: 1) a 18 month length, 2) a 14% interest-only note, and 3) a four percent origination fee.

In addition to paying the $9,000 origination fee, Theresa will also fund $75,000 of the purchase with her own cash, or 25% of the purchase price. After the deal is closed and Theresa takes over the property, she will have to begin making monthly payments of $2,625 to the lender ($225,000 principle x 14% / 12 months). Theresa's intention is to finish the house within the 18 months and re-sell it for $450,000. If she succeeds she will earn a total profit of $93,750 ($450,000 sales price - $225,000 principle amount - $75,000 cash paid at closing - $9,000 origination fee - $47,250 in total interest payments.

Loan Example 2

Francis is a real estate investor in Aurora, CO. He buys a run-down house for a renovation project and takes a private money loan from CRE Lender with the following features:

$360,000 sales price
70% loan to value (LTV)
18 month term
9% interest rate
1% origination fee

If Francis accomplishes his goal of a $468,000 sales price, the final numbers of the deal will be as follows:

$468,000 sales price
- $252,000 loan principle (70% LTV)
- $108,000 cash paid at closing (30% on 70% LTV)
- $2,520 origination fee (1% of the $252,000 principle amount)
- $34,020 total interest paid (18 months x 9% interest)
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= $71,460 total profit (does not include taxes or renovation costs)