Direct Lender for Pennsylvania, Ohio and West Virginia

Briar Cliff funds loans that make economic sense. We specialize in closing small balance loans quickly.  We are focused on the mid-atlantic region, Pennsylvania and surrounding states.  All loans are approved and funded internally.

  • Loan amounts up to $1M
  • Loan Terms up to 10 years
  • Many types of commercial properties
  • 2nd mortgages up to 80% CLTV
  • Land and agricultural Properties
  • Rehab Loans for CRE and Residential properties
  • Ground-Up Construction loans
Property Geographic Area Details
Pennsylvania, Ohio, West Virginia
Loan Amounts
$50,000 to $1,000,000
Interest Rates
8% to 12%
Loan Terms
12 months to 120 months
Origination Fees
0.50% to 1.50%
Lien Position
1st, 2nd
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
  • Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add):
Max LTP Residential: 80%
Max LTP Multifamily: 80%
Max LTP Commercial: 80%
Max LTP Land: 60%
Purchase Long-Term
Max LTP Residential: 80%
Max LTP Multifamily: 80%
Max LTP Commercial: 80%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 80%
Max CLTV 2nd Lien Residential: 80%
Max LTV 1st Lien Multifamily: 80%
Max CLTV 2nd Lien Multifamily: 80%
Max LTV 1st Lien Commercial: 80%
Max CLTV 2nd Lien Commercial: 80%
Max LTV 1st Lien Land: 60%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 80%
Max CLTV 2nd Lien Residential: 80%
Max LTV 1st Lien Multifamily: 80%
Max CLTV 2nd Lien Multifamily: 80%
Max LTV 1st Lien Commercial: 80%
Max CLTV 2nd Lien Commercial: 80%
Max LTV 1st Lien Land: 60%
Refinance Long-Term
Max LTV Residential: 80%
Max LTV Multifamily: 80%
Max LTP Commercial: 80%
Residential Fix & Flip
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Commercial Value-Add
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Residential Construction
Max LTP Land: 60%
Max LTC: 90%
Max LTCV: 70%
Multifamily Construction
Max LTP Land: 60%
Max LTC: 90%
Max LTCV: 70%
Commercial Construction
Max LTP Land: 60%
Max LTC: 90%
Max LTCV: 70%

Property Types

  • 2-4 Units Residential
  • Agricultural
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Car Wash
  • Child Day Care
  • Club
  • Commercial Land
  • Condominium
  • Cooperative
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Multifamily
  • Office
  • Parking Garage
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Timberland
  • Vehicle Parking

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Ground-Up Construction
  • Residential Ground-Up Construction

Specialty Loan Types

  • Discounted Note Payoff
  • Note Purchase
  • Residential Long-Term Rental

Junior Lien Loan Amounts

$50,000 to $500,000

Junior Lien Interest Rates

10% to 14%

Junior Lien Loan-to-Value

80%

Junior Lien Origination Fees

1% to 2%

We Fund Junior Position Loans

Rarely

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out

Agribusiness Types

  • Cannabis
  • Citrus Grove
  • Corn
  • Cotton
  • Dairy
  • Equestrian
  • Melons
  • Peach
  • Peanuts
  • Potatoes
  • Poultry
  • Row Crops
  • Swine
  • Tree Nuts
  • Vegetables

Will Consider Cannabis Use Properties

yes

Maximum LTV for Cannabis Use Properties

70%

Cannabis Property Use Type

  • Cultivation
  • Retail Dispensary
  • Retail Sales
  • Manufacturing
  • Processing
  • Production

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Agricultural Land
  • Cannabis Use Land

Will Consider Land That is NOT Entitled

no

Max LTV for Land

60%

Max LTC for Land Acquisition

60%

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out
Up to 90% LTP for rehab projects, up to 80% LTP for rentals and commercial real estate

Max Loan-to-Purchase Price

90%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
If the rehab requires multiple draws, we'll charge interest only on funds drawn. For smaller rehab projects with only 1 draw, we'll charge interest on the entire loan amount.

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

2

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

1

Maximum After Repair Value

70.00%

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

4

Max LTC for Ground-Up Construction Costs

90%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Fees which are mandatory for all new borrower clients

  • Documents Fee
  • Inspection Fee
  • Extension Fee

Details and Requirements

Typical Closing Time (Days)

30

Fastest Closing Time (Days)

9

Payment Structure
  • Interest Only
  • Amortized
  • Interest Reserve
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

no

Will Consider Equity Joint Venture

no

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

yes

Appraisal Required for Residential Property

Never

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Additional Details

We typically charge an application fee in addition the loan documents fee.

Get In Touch

Briar Cliff Financial Services pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Briar Cliff funds loans that make economic sense. We specialize in closing small balance loans quickly and eliminating much of the time and hassle that comes from working with a traditional bank lender. All loans are approved and funded internally.

Company Size (Number of Employees)

4

Year Established

2012

Associations

  • American Assocation of Private Lenders
  • Mortgage Bankers Association

Office Locations

404 Thorn Street, Sewickley, PA 15143

Primary Capital Source
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

50%

Percentage of Loans Secured by Residential Property

50%

Total Number of Loans Funded to Date

442

Total Loan Volume Funded to Date

$45,000,000

Our Team

Robert Newman

Vice President

Get In Touch

Briar Cliff Financial Services pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$50,000

What We Do

  • Many types of commercial real estate
  • Land and agricultural properties
  • 2nd mortgages up to 80% CLTV
  • Loan Terms up to 10 years
  • Hardly every require appraisals
  • 10% Cash Required for Rehabs

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes

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