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New Construction Loans + Line of Credit  

60% LTC-Initial  (shovel ready with plans & permits in hand)

75% LTC-Construction (if it is < 65% of  As-Completed Value)

70% LTC-Total  (shovel ready with plans & permits in hand)

No Pre-Pay Penalty (6 Mo Yield Maintenance)

Platinum Borrower Approval

Build without a Bank.

Get approved for a Line of Credit up to $5,000,000 to use on any approved project and break ground in 21 days or less.

Loan Parameters

1-2 Year Term

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9.75% IO (floor rate)

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No Pre-Pay Penalty (6 Months Yield Maintenance)

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60% LTC-Initial (shovel ready with plans and permits in hand)

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75% Total Project Cost 

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70% LTC-Total | 65% ARV-LTV​

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SFR, MF 2-4 Unit, Condo, Townhome, PUDs

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Non-Owner Occupied

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Foreign Nationals Qualify (5% reduction to max LTC/LTV/ARV)​

 

Licensed GC Required for all Construction Items

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Full Recourse Guaranty from at least (1) one qualifying individual holding an interest in the Borrower > 20%

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Orbit FS - Matrix - LOC & GROUND UP - 02
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Orbit Commercial Capital LLC Logo
leads@brrrr.com
732.851.6900
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New Jersey

2023 Brrrr Funder LLC pka Orbit Commercial Capital, LLC

*Pricing of initial rate is indicative and subject to re-pricing at Lender's discretion based on factors that may include, but are not limited to, prevailing market conditions and underwriting/diligence review. Factors that may affect your rate include but are not limited to your credit history/score, Loan-to-Value ratios, borrower's liquidity, and asset characteristics. Rates, terms and conditions offered apply only to qualified borrowers in accordance with our guidelines at the time of application. Property factors and geographic limitations are subject to change at any time without notice. Stated rates and Loan-to-Value ratios are only available to qualified applicants. This is a non-binding expression of interest and does not create any legally binding commitment or obligation on the part of Brrrr.com LLC, Brrrr Funder LLC DBA BrrrrLoans, nor any of its subsidiaries or affiliates (“Lender”). In turn, this expression of interest is subject to our internal credit, legal and investment approval process. Lender is in the business of exclusively originating, funding, and selling business purpose loans secured by non-owner occupied real estate. All loans referenced herein are non-consumer loans.

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