Simple Loan Solutions
Tall Guy Lending offers short-term, asset secured lending for non-homestead single family residential properties. Our loans are First Lien Loans only. We do not provide loans for Condos or Townhouses. Our strength is loans between $75,000 and $300,000 but will discuss opportunities outside those targets.
LENGTH/TERMS
(No penalty for pre-paying early)
3 Month
15%
Origination Fee – 1.5 point (Min $2000)
Monthly Interest Only Payments
LTV – 50 to 85% (Depends on condition of property)
3rd Party Fees
6 Month
12 – 14%
Origination Fee – 2.5 points (Min $2000)
Monthly Interest Only Payments
LTV – 50 to 85% (Depends on the
3rd Party Fees
12 Month
12 – 14%
Origination Fee – 3.5 points
Monthly Interest Only Payments
LTV – 50 to 85% (Depends on
3rd Party Fees
Tall Guy Lending Fees:
(No Hidden Fees)
Attorney and processing fees $750 (collected at Closing)
Appraisal $450 (paid in advance online)
Inspection (IF REQUIRED) $400 (scheduled and paid by borrower)
Flood Determination Cert. $30 (collected at Closing)
Typical 3rd Party Fees:
Fire and Damage Insurance TBD (proof of coverage required to underwrite)
Ongoing Flood Insurance TBD (proof of coverage required to underwrite)
Title Insurance TBD
Title Company Fees TBD
Tall Guy Lending
Reliable Hard Money for Smart Investments