Palermo Lender, LLC

Invite

As a direct lender, we pride ourselves in taking a common sense approach to underwriting, focusing on the underlying value of the subject property and making all financing decisions in-house.

Loan programs: Bridge Loan, Fix & Flip, Rental Loan

Loan Type: Interest-Only

Loan Size: $50K+
LTV: 50%+

Term: Up to 36 months
Time Frame: <3 business days

Property Geographic Area Details

Florida

Loan Amounts

$50,000 to $4,000,000

Interest Rates

7.5% to 11%

Origination Fees

2% to 3%

Loan Terms

12 to 36 months

Property Types

2-4 Units Residential
Assisted Living Facility
Bed and Breakfast
Car Wash
Commercial Condominium
Commercial Land
Condominium
Gas Station
Gym
Hospital
Hostel
Hotel
Industrial
Manufactured Home
Mixed-Use
Motel
Multifamily
Office
Parking Lot
Recreational
Residential Land
Senior Housing
Single Family Residence
Sports Facility
Storage Facility
Student Housing
Winery

Specialty Loan Types

Condo Conversion
Primary Residence Bridge
Primary Residence Business Purpose Cash Out

Land Types Considered

Residential Land
Multifamily Land
Office Land
Retail Land
Hospitality Land

Will Consider Land That is NOT Entitled

Max LTV for Land

55%

Max LTC for Land Acquisition

55%

Details and Requirements

Lien Position

1st

Credit Check Required

Prepayment Penalty

Borrower Entity Types Considered

Appraisal Required for Residential Property

Appraisal Required for Commercial Property

Broker Price Opinion (BPO) Accepted for Residential Property

Broker Price Opinion (BPO) Accepted for Commercial Property

Will Consider Collateralizing Multiple Properties in One Loan

Will lend to a foreign national

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

Will Consider Equity Joint Venture

Collateral Types

Residential Property
Commercial Property

Video Library

01:15

Palermo Lender Video EN

Palermo Lender is a Miami-based real estate financing company that provides real estate investors with time-sensitive, asset-based loans. Serving both U.S. residents and foreigners alike, Palermo Lender provides investment loans with a term of 6 to 36 months, competitive interest rates, streamlined asset-based due-diligence, and same day loan decisions. As a direct lender, we pride ourselves in taking a common sense approach to underwriting, focusing on the underlying value of the subject property and making all financing decisions in-house. With over $100mm+ of deals closed across different asset classes, loan sizes and borrower profiles, Palermo Lender has helped real estate investors of all kinds finance their deals quickly, transparently and hassle-free for over 20 years. Our application process takes less than 5 minutes and a loan offer can be made within a 24 hour period. Get pre-approved today!

Year Established

2002

Primary Capital Source

Own Funds
Individual Investors
Friends & Family

Loan Structure for Majority of Loans

Own Balance Sheet
One Investor One Loan
Multiple Investor Fractionalized Note
Multiple Lender Participation

Percentage of Loans Secured by Commercial Property

25%

Percentage of Loans Secured by Residential Property

75%

Associations

American Association of Private Lenders - Member

Our minimum loan amount is $50,000

Send an email to 6953

If you would like to submit the loan request to multiple lenders, please create an account.

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Create a Loan Request Invite To Existing Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates