Major renovation project
$3,300,000 value
$1,300,000 first deed of Trust, 10% interest
39% LTV, 18-month maturity
8% net interest to investor
Underwriting grade: B
(construction loan, offset by low loan
to value and great neighborhood)
Major renovation project
$3,300,000 value
$1,300,000 first deed of Trust, 10% interest
39% LTV, 18-month maturity
8% net interest to investor
Underwriting grade: B
(construction loan, offset by low loan
to value and great neighborhood)
8 entitled townhomes
Not bankable because of foreign
entity ownership and no income
verification.
$12,800,000 value
$5,000,000 construction loan, 10% interest
39% LTV, 18-month maturity
9% net interest to investor
Underwriting grade: B
(construction loan, offset by low
loan to value and great neighborhood)
EXPERIENCED TEAM
DIRECT ACCESS TO DECISION MAKERS
Closing within 10 days
FAST TERMS
SHORT TERM LENDING | MID TERM LENDING | 2nd LIEN LENDING | |
---|---|---|---|
Minimum Loan Amount | $300,000.00 | $1,000,000.00 | $200,000.00 |
Minimum Loan Amount | $5,000,000.00 | $1,000,000.00 | $1,000,000.00 |
Term | 3 to 24 months | 24 to 84 months | 6 to 36 months |
Rate start from | $7.50% | 8.50% | 10.99% |
Lender discount point | 1.50% | 1.50% | 1.50% |
Mortgage type | 1st deed of trust | 1st deed of trust | 2st deed of trust |
Max CLTV | 65% | 65% | 65~70% |
Origination | Up to the Broker | Up to the Broker | Up to the Broker |
Doc Fee & Underwriting | $1,500 | $1,500 | $1,500 |
FICO minimum | Any | Any | Any |
Immigration | Any | Any | Any |
Riva DC is the first private real estate lender solely focused on the Silicon Valley region, offering our investors the security of real estate and liquidity and transportability of blockchain
Riva DC, sees an opportunity to provide fast, highly secured/collateralized, and flexible real estate loans to real estate entrepreneurs a large and growing segment of the market that has been left behind due to the fact that banks have become unresponsive because of regulatory pressures.
Riva DC is looking for like-minded investors seeking risk adjusted return who want the flexibility to invest on a in real estate loans with the transportability and transparency of blockchain