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Funded
Originated
States
Land Loans
* Up to 80% of purchase price for rehab projects, 70% maximum for standard acquisitions
* Maximum loan-to-purchase price of 80%
* Property must be under contract
* Proof of funds letter provided
* Auction purchases not accepted
* Borrower's equity can come from own cash, partner, or equity in subject property
* Experience required
* No minimum number of completed value-add projects
* Renovation costs funding provided
* Up to 85% LTC for renovation costs
* Interest charged on entire project cost amount upfront
* 6-day typical turnaround for fund draws
* Maximum After Repair Value of 75%
* Deposit fees are required for all new borrower clients
Alto Capital (formerly Equity Lending Solutions) is a direct private/hard money lender for Florida investment properties, including single-family, condo, condo-hotel, and multifamily. We offer 24-hour term sheets, 10-day closings, no prepayment penalties, and remote closing options. Foreign nationals welcome.
