Jernigan Capital offers acquisition loans at 90% Loan to Value and non-recourse on stabilized properties. The loan programs allow you, the borrower, to maximize the return on your capital invested.
|LOAN AMOUNT||$2,000,000 and up|
|LOAN TERM||Generally 6 Years|
|LOAN VALUE||Up to 90% Loan to Value on a stabilized property|
|ORIGINATION FEE||Generally 1%|
|PREPAYMENT FEE||3-2-1-0 after 3|
|DUE DILIGENCE DEPOSIT||$20,000|
|RECOURSE||Non-recourse on stabilized properties with customary carve-outs|