Lavallette Capital
Financial ServicesNew Jersey, United States0-1 Employees
Lavallette Capital is a direct hard money lender serving investors/borrowers in New Jersey. •Loans range from $100,000 to $1,000,000. •Proceeds available for property acquisition as well as repair and renovation •1st lien on the mortgaged property to be purchased or refinanced •Terms typically up to 1 year; longer terms considered on a case by case basis •Non-owner occupied properties only •Rates ranging from 14-15% p.a. with 4-5% upfront •Advance rates up to 90% of property acquisition cost, typically up to 65% of after-repair value •Efficient & streamlined closing •Flexible construction draws process Lavallette Capital also provides capital advisory services to the specialty finance industry.