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Direct Private Lender for Multifamily & Residential Investment Properties
Conventus is a direct private mortgage lender that takes pride in knowing our customers and solving their financing needs. Obtaining a loan from Conventus is straightforward and fast. Most loans get funded in 5 business days. We match your borrowing goals to loan terms that are ideally suited for your project. Two core themes make up the thrust of our business model, and that is very competitive pricing as well as solid and responsive customer service.
Please Note: We do NOT offer loans for land, ground-up construction, special purpose properties, and owner-occupied homes.
Property Geographic Area Details
Primary and Secondary markets in 23 states: AL, AK, CA, CO, CT, DC, GA, FL, HI, IL, IN, MA, MO, NJ, NY, NC, OH, OK, PA, SC, TX, VA, WA
Loan Amounts
$150,000 to $9,000,000
Interest Rates
4.99% to 11.99%
Max Loan-To-Value
70.00%
Max Loan-To-Cost
85.00%
Origination Fees
0% to 2%
Loan Terms
6 months to 60 months
Lien Position
- 1st
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Value Add Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
Property Types
- 2-4 Units Residential
- Condominium
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Long-Term Rental
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- 3rd Mortgage Equity Cash Out
- Residential Long-Term Rental
- Partner Buyout
- Primary Residence Business Purpose Cash Out
- Transactional Funding
Purchase Loan
Max Loan-To-Purchase Price
85.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100.00%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
7Maximum After Repair Value
70.00%Residential Long-Term Rental
Minimum Loan Amount
$75,000Maximum Loan Amount
$1,000,000Minimum Interest Rate
4.99%Maximum Interest Rate
7.99%Maximum Origination Fee
4%Minimum Loan Term
360 monthsMaximum Loan Term
360 monthsMaximum Loan-To-Value
75.00%Maximum Loan-To-Purchase
75.00%Minimum Debt Service Coverage Ratio
1.10Will Lend on a Portfolio of Rentals
YesMinimum Property Value
$100,000Details and Requirements
Typical Closing Time (Days)
7Fastest Closing Time (Days)
5Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Trust
- Corporation
Documentation Required
- Credit Report
- Bank Statements
- Loan Application
Personal Guaranty (Recourse) Required
SometimesCredit Check Required
yesMinimum Credit Score Required
620Appraisal Required for Residential Property
Always Before FundingAppraisal Required for Commercial Property
Always Before FundingBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
Processing Fee
Typically around $1,500 for most loans
Minimum Origination Fee Amount
$1,500
Since 2015, Conventus has successfully originated and funded over $1 billion in private money real estate loans.
Conventus Holdings Corporation (CHC) was started in 2015 by Keith M. Tomao after his 20-year career on Wall Street where he was most recently a Managing Director at Goldman Sachs in the Fixed Income Division. Not long after starting CHC, Keith partnered with longtime friend, Glenn Tatham, a corporate finance professional as well as skilled LNG entrepreneur. Through their combined institutional background and extensive understanding of the market, CHC was created to capture an opportunity in single family and multifamily bridge lending, a $25+ billion high yield and short duration debt market. Over the ensuing years, CHC became a top five loan origination company through the collective effort our diligent professionals and their diverse backgrounds and experience. Furthermore, CHC’s success is grounded through the marriage of an investment company, mortgage origination and funding company coupled with a strong focus on quick customer service, fair and competitive pricing and hiring exceptionally talented people.
License
CFL Lic. 60DBO-43745
Company Size (Number of Employees)
42
Year Established
2015
Office Locations
111 Potrero Avenue, San Francisco, California 94103Primary Capital Source
- Debt Fund We Manage
Loan Structure for Majority of Loans
- Own Balance Sheet
Percentage of company’s lending business focused on private mortgage
100%
Total Loan Volume Funded to Date
$920,000,000

Keith Tomao
CEO & CIO
Prior to founding Conventus, Keith was Managing Director at Goldman Sachs in the Mortgage and Asset-Backed Securities department. He has 20 years of experience in Fixed Income markets. He holds a BA in Environmental Economics from Hobart College (magna cum laude and Phi Beta Kappa).

Glenn Tatham
CFO
As CFO and co-founder, Glenn brings 25 years of corporate finance and investment banking experience. He led startups in the energy sector (including 3 successful IPOs). Worked in the Loan Syndication and Financial Sponsor Coverage groups at JP Morgan. He holds a MBA from Columbia University and BA from USC.

Brenda Chen
Head of Sales

Jared
VP of Sales

Brock
Loan Officer

Sean
Loan Officer

Lindsey
Loan Officer
Our Minimum Loan Amount Is
$150,000
What We Do
- Residential & Multifamily Properties
- Short-Term and Long-Term Financing
- 15%+ Cash Required for Rehab Purchase
- 2nd Mortgage Cash Out up to 65% CLTV
Not Available
- NO 100% Financing
- NO Ground-Up Construction
- NO Land Loans
- NO Owner-Occupied Homes
Loan Request
Our Minimum Loan Amount Is
$150,000
What We Do
- Residential & Multifamily Properties
- Short-Term and Long-Term Financing
- 15%+ Cash Required for Rehab Purchase
- 2nd Mortgage Cash Out up to 65% CLTV
Not Available
- NO 100% Financing
- NO Ground-Up Construction
- NO Land Loans
- NO Owner-Occupied Homes