619 Capital helps you close more loans with extremely unique loan programs designed to fund common sense quality loans that others may not appreciate. Some highlights:

  • Hybrid Fixed Rate—5/7/10 Year Fixed Rate Period
  • 30 Year Term and Amortization
  • FICO Scores Down to 550
  • LTV’s to 80% (Cash out to 80% LTV)
  • No Income Documentation Program
  • Minimum Occupancy of 65%
  • Single Tenant OK
  • Owner User OK
  • Class B & C Properties Allowed
  • Multiple Properties Can be Pooled into One Loan
  • DSCR-1.2x; projects <1.2x Allowed Case-by-Case with Reserves
  • Phase 1 Environmental Not Required
  • Top 200 MSA’s …Plus
  • LOIs Within 72 hours of Receipt of Completed Loan Registration Form
Property Geographic Area Details
Nationwide
Loan Amounts
$500,000 to $50,000,000
Interest Rates
4.5% to 9.0%
Loan Terms
12 months to 360 months
Origination Fees
1.0% to 2.0%
Lien Position
1st
Collateral Types
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types

  • Assisted Living Facility
  • Commercial Condominium
  • Healthcare
  • Hotel
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Office
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Retail
  • Senior Housing
  • Student Housing

Loan Types

  • Commercial Long-Term

Specialty Loan Types

  • Commercial Permanent Financing
  • Discounted Note Payoff
  • Foreclosure Bailout
  • Note Purchase
  • Partner Buyout

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence

Deposit Required

Depends on the loan type and size

Appraisal Fee

Paid directly to appraisal company

Minimum Origination Fee Amount

$10,000

Fees which are mandatory for all new borrower clients

  • Deposit

Fees which are paid to a third party company

  • Appraisal Fee

Details and Requirements

Typical Closing Time (Days)

45

Fastest Closing Time (Days)

30

Payment Structure
  • Interest Only
Payment Structure Details

Monthly Payments

Pre Payment Penalty

yes

Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Corporation
Documentation Required
  • Credit Report
  • Tax Returns
  • Bank Statements
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Minimum Credit Score Required

600

Credit Check Description

Depends on loan type

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Contact 619 Capital

619 Capital pays us to be listed, so there is no fee to connect with them directly.

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619 Capital is a direct lender of small balance commercial loans. We have long term correspondent relationships with some of the largest RE Funds, Agency Lenders, Investment Banks and Life Insurance Companies in the country. Management has an average of 20 years in RE finance and we have closed $billions in real estate transactions

We can fund from $500k to $5m and have placed loans up to $30m. We work with all major commercial property types

 

 

Year Established

2015

Office Locations

333 S State Street, Suite 221, Lake Oswego, Oregon 97034

Primary Capital Source
  • Single Capital Partner
  • Bank Credit Line
  • Life Insurance Companies
  • Bank Pledge of Individual Mortgages
  • Fund to Fund
Alternative Capital Sources
  • Family Offices
  • Private Equity Funds
  • Hedge Funds
  • Asset Management Companies
Loan Structure for Majority of Loans
  • Table Funding with Capital Partner
  • A/B Note Participation with Bank
Percentage of Loans Secured by Commercial Property

100%

Total Number of Loans Funded to Date

40

Total Loan Volume Funded to Date

$83,000,000

Our Team

Bernard Guy

CEO

Bob Howard

EVP Business Development

Lauren Drake

VP Deal Manager

John Horak

Chief Credit Officer

Kevin Ness

CFO

Contact 619 Capital

619 Capital pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
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503-406-2156 503-406-XXXX
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BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$500,000

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