619 Capital

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%

Max Loan-To-Value

80%

Max Loan-To-Cost

75%

Origination Fees

1.0% to 2.0%

Loan Terms

12 months to 360 months

Lien Position

Loan Purpose

Investment Acquisition
Investment Refinance
Development Project

Property Occupancy

Vacant
Tenant Occupied 100%
Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

Commercial Property

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
Mezzanine

Specialty Loan Types

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

Purchase Loan

Max Loan-To-Purchase Price

75%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

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

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers
Borrowers

Payment Structure

Interest Only

Payment Structure Details

Monthly Payments

Pre Payment Penalty

yes

Will lend to a foreign national

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

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

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

Fees

Deposit Required

$4,200.00 to $15,000.00

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 charged upfront prior to loan closing

Deposit
Appraisal Fee

Fees which are paid to a third party company

Appraisal Fee

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

Alternative Loan Structures

LLC Syndicated Investors

Percentage of company’s lending business focused on private mortgage

100%

Company’s Other Business Activities Besides Private Mortgage Lending

Commercial Mortgage Brokerage
Commercial Mortgage Banking

Percentage of Loans Secured by Commercial Property

100%

Total Number of Loans Funded to Date

Total Loan Volume Funded to Date

$83,000,000

2017 Number of Loans Funded

2017 Loan Volume Funded

$65,000,000

Bernard Guy

CEO

Bob Howard

EVP Business Development

Lauren Drake

VP Deal Manager

Lauren has 10 years in the real estate lending operations including managing closings.

John Horak

Chief Credit Officer

Kevin Ness

Refinance

View Transaction

Loan Request

Deal Name *

Short Description of your Loan Request or Property Address

First Name *

Last Name *

Company

Email *

Phone

Company Phone

Your Location

This information is about yourself, not the subject property.

Country *

State

Province

Country *

State/Province

City *

What is your primary role in this loan request? *

Specify Your Role

Requested Loan Amount *

Loan-to-Value

Preferred Loan Term *

months

Lien Position *

Collateral Type *

Will the loan be collateralized by multiple properties? *

Fill out the form for one of the properties

At the end of the form you can enter the additional properties.

Exit Strategy *

how will the loan be paid off?

Exit Strategy Details *

Subject Property Address

Subject Property City *

Subject Property State *

Subject Property Zip Code

APN Parcel ID Number(s)

Lot Size

acres

Subject Property Photos

Add links to photos here.

	Image
1

Add

Will additional properties be collateralized? *

Additional Properties

Address