CW Funding

CW Funding provides quick and reliable real estate financing for investors. Our expertise and market insight benefit our clients by giving them the speed and flexibility they need to close their transactions efficiently and on time. We lend on single family, multi-family, mixed use and commercial properties in the New York and New Jersey metro areas.

Property Geographic Area Details

New York, New Jersey, Connecticut, Florida, Georgia

Loan Amounts

$250,000 to $10,000,000

Interest Rates

9% to 14%

Max Loan-To-Value

75%

Max Loan-To-Cost

90%

Origination Fees

1% to 4%

Loan Terms

12 months to 24 months

Lien Position

Loan Purpose

Investment Acquisition
Investment Refinance
Improve Subject Property
Use Equity to Invest in Another Property
Value Add Project
Development Project

Property Occupancy

Vacant
Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

Residential Property
Commercial Property

Property Types

2-4 Units Residential
Adult Day Care
Assisted Living Facility
Commercial Condominium
Commercial Land
Condominium
Cooperative
Healthcare
Hotel
Industrial
Mixed-Use
Motel
Multifamily
Office
Parking Lot
Portfolio of Commercial Properties
Portfolio of Residential Properties
Rehabilitation Facility
Residential Land
Retail
Senior Housing
Single Family Residence
Student Housing

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
Mezzanine
Preferred Equity

Specialty Loan Types

Note Purchase
Discounted Note Payoff
Line of Credit Portfolio of Properties
Earnest Money Deposit

Junior Liens

Junior Lien Loan Amounts

$100,000 to $500,000

Junior Lien Interest Rates

16% to 20%

Junior Lien Loan-to-Value

75%

Junior Lien Loan-to-Cost

75%

Junior Lien Origination Fees

4% to 6%

We Fund Junior Position Loans

Rarely

Junior Lien Types

Refinance
Equity Cash Out
Mezzanine
Preferred Equity

Land Loan

Land Types Considered

Residential Land
Multifamily Land
Office Land
Retail Land

Will Consider Land That is NOT Entitled

yes

Existing Land Improvements Required

Street Access

Max LTV for Land

50%

Max LTC for Land Acquisition

50%

Purchase Loan

Max Loan-To-Purchase Price

90%

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

Own Cash
Partner

Rehab Value Add Loan

Experience Required

Minimum Number of Value-Add Projects Completed by Borrower

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

Construction Loan

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

Max LTC for Ground-Up Construction Costs

75%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers
Borrowers

Payment Structure

Interest Only
Interest Reserve

Pre Payment Penalty

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

Individual(s)
LLC
Limited Partnership
Trust
Corporation

Documentation Required

Credit Report

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

600

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Fees

Legal Fee

$1000-$3500

Appraisal Fee

$400-$800

Fees which are mandatory for all new borrower clients

Legal Fee
Appraisal Fee

Fees which are charged upfront prior to loan closing

Appraisal Fee

Fees which are paid to a third party company

Legal Fee
Settlement Fee
Escrow Fee

Year Established

2014

Office Locations

389 Willoughby Avenue, Suite 204, Brooklyn, New York 11205

Primary Capital Source

Own Funds
Debt Fund We Manage
Individual Investors
Single Capital Partner
Crowdfunding
Private Equity Funds
Hedge Funds
Friends & Family

Loan Structure for Majority of Loans

Own Balance Sheet
Multiple Investor Fractionalized Note

Alternative Loan Structures

Multiple Investor Fractionalized Note
Table Funding with Capital Partner

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

10%

Percentage of Loans Secured by Residential Property

90%

Percentage of Residential Property Loans Which are Fix and Flip

90%

Percentage of Residential Property Loans Which are Buy and Hold

10%

Howard Wieder

Owner

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.

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1

Add

Will additional properties be collateralized? *

Additional Properties

Address