In today’s fast paced real estate market, knowledge and speed, combined with flexibility and creative financing can be the difference between seizing an opportunity and missing it. At SLG, our mission is to get your deal done in a way that is suitably leveraged to your profile, so that you can continue to grow as a real estate professional. We succeed when your project succeeds!

Property Geographic Area Details

DMV Metro Area - DC, Southern Maryland, Northern Virginia

Loan Amounts

$100,000 to $5,000,000

Interest Rates

8% to 15%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

100.00%

Origination Fees

2% to 5%

Loan Terms

6 months to 18 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • 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
  • Condominium
  • Mixed-Use
  • Multifamily
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Mezzanine

Specialty Loan Types

  • Condo Conversion
  • Partner Buyout
  • Transactional Funding

Purchase Loan

Max Loan-To-Purchase Price

100.00%

Borrower Must Have Property Under Contract

no

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
  • Family

Rehab Value Add Loan

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

2

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Interest Reserve

Pre Payment Penalty

no

Will lend to a foreign national

yes

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

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA

Documentation Required

  • Credit Report
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Appraisal Required for Residential Property

Always

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Fees

Underwriting Fee

$0 to $895.00

Processing Fee

Documents Fee

Inspection Fee

Credit Report Fee

$90

Renovation Construction Draw Fee

$250 per Draw

Fees which are mandatory for all new borrower clients

  • Credit Report Fee
  • Background Check Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Site Visit Fee
  • Documents Fee
  • Settlement Fee
  • Appraisal Fee
  • Inspection Fee
  • Title Fee
  • Credit Report Fee
  • Background Check Fee
  • Renovation or Construction Funds Draw Fee

SLG is a dynamic and dependable direct private lender that provides financing to real estate entrepreneurs. Established in 2007 to fill the void caused by the contraction of the traditional lending market, and to help real estate professionals capitalize on undervalued and distressed real estate, SLG has grown into one of the most respected and reliable sources of capital in the Washington DC/Metro Area. Uniquely designed to fulfill the short term needs of real estate investors and developers, SLG has grown into a solution oriented, full service private lender.

SLG considers itself a facilitator and a partner. Aiming to grow with its client base, SLG has continued to expand its brand and portfolio of services. SLG is positioned to help our clients and their investments mature and flourish by offering customized private lending solutions that include; short and long term debt and equity, joint ventures, partnerships, as well as traditional mezzanine financing.

Year Established

2007

Associations

  • American Association of Private Lenders - Member
  • Forbes Real Estate Council - Jeff Levin - Member

Office Locations

6305 Ivy Lane, Suite 320, Greenbelt, Maryland 20770

Primary Capital Source

  • Own Funds
  • Individual Investors
  • Bank Credit Line

Alternative Capital Sources

  • Hedge Funds
  • Asset Management Companies

Loan Structure for Majority of Loans

  • Own Balance Sheet
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
  • Table Funding with Capital Partner
  • LLC Syndicated Investors
  • Multiple Lender Participation
  • Table Funding with Bank
  • A/B Note Participation with Bank
  • A/B Note Participation with Private Investor

Alternative Loan Structures

  • Own Balance Sheet
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
  • Table Funding with Capital Partner
  • LLC Syndicated Investors
  • Multiple Lender Participation
  • Table Funding with Bank
  • A/B Note Participation with Bank
  • A/B Note Participation with Private Investor

Percentage of company’s lending business focused on private mortgage

100%

Company’s Other Business Activities Besides Private Mortgage Lending

  • Note Investing
  • Commercial Real Estate Investing
  • Residential Real Estate Investing
  • Real Estate Development

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

80%

Percentage of Residential Property Loans Which are Buy and Hold

10%

Total Number of Loans Funded to Date

515

Total Loan Volume Funded to Date

$143,400,000

2017 Number of Loans Funded

50

2017 Loan Volume Funded

$19,000,000

Jeff Levin

President

JEFFREY N. LEVIN is the Founder and President of Specialty Lending Group and Pinewood Financial, which together provide a full suite of boutique private real estate lending services in the Greater Washington Area. Prior to launching SLG, between 1993 and 2007, Jeff was a Co-Founder and CEO of iWantaLowRate.com and a Co-founder and President of Monument Mortgage. Jeff is a recognized authority on real estate investing and, as such, is a frequent author, lecturer and panelist. He earned a B.A. from The American University in Washington D.C. and lives on Capitol Hill with his wife Dunniela, a Canadian trade lawyer, and his two sons, Jack and Charlie.

Tabitha Fitzgerald

Chief Operating Officer

Tabitha Fitzgerald has been with SLG since its inception in 2007. Prior to that, she was Vice President of iWantaLowRate.com, where she oversaw loan production and compliance. In her role, Ms. Fitzgerald’s responsibilities also included managing relationships with key personnel and the company’s strategic lending partners. Ms. Fitzgerald oversaw the company’s credit standards and policies. While in that position Ms. Fitzgerald helped grow the company from $10,000,000 in annual loan originations to over $300,000,000. Prior to joining iWantaLowRate.com, Ms. Fitzgerald was Executive Vice President at Monument Mortgage where she was responsible for managing the underwriting, funding, and quality control groups. Ms. Fitzgerald has 20+ years of management, finance, operations, and real estate finance experience.

Cynthia Harley

Client Relations Manager

Ms. Cynthia Harley is currently the manager of client relations for SLG. In this role, Mrs. Harley acts a liaison with clients and works with them to ensure that the loan application, including all required documents, is in order prior to submission to senior management. Mrs. Harley is also responsible for ensuring that SLG remains in constant contact with all borrowers. Prior to joining SLG, Mrs. Harley was a loan processor at iWantaLowRate.com, where she was responsible for client management and loan processing. While at iWantaLowRate.com, Mrs. Harley helped manage the processing team and assisted in increasing annual loan production from approximately $10 million in 2003 to over $300 million of annual loan volume. Prior to iwantalowrate.com, Mrs. Harley was a Senior Loan Processor for FTB Mortgage and has held positions at various real estate lenders, including Wells Fargo, JB Financial, and Atlantic Coast Mortgage

Latisha McQueen

Portfolio Manager

Ms. Latisha McQueen joined the SLG/Pinewood team from a local law firm, where she served as their Title Department Manager. Prior to her time at the law firm, Ms. McQueen spent 15 years working as a loan officer/processor, including starting and running her own mortgage service company. Ms. McQueen monitors all portfolios, communicating with each client at least once every two weeks. She handles all draw requests and schedules property inspections.

Todd E. Reeber

Chief Financial Officer

CPA

Mr. Todd Reeber began his career in 1996 as an auditor with Price Waterhouse before joining the private sector as a Controller for a commercial real estate firm in 2000. In the last sixteen years, Mr. Reeber has worked for several large regional real estate companies in the management and development of both commercial and residential assets totaling over 100 million square feet and a billion dollars in value. Todd graduated from the University of Florida with both a Bachelor’s degree (with honors) and a Master’s Degree in Accounting and has been a Florida Certified Public Accountant since 1996.

Nicketta Jordan

Senior Accountant

David Coutoumanos

Associate

David Coutoumanos joined SLG as Associate in 2016. Prior to joining, David served as Client Services Coordinator for CB Richard Ellis (CBRE). While working for the world’s largest commercial real estate firm, David was nominated for the Greater Washington, DC Rising Star award. David also served as a guest lecturer on the hotel industry financial feasibility process for George Washington University’s Masters of Tourism Administration (MTA) program. Prior to that, David served as the Association of Science-Technology Centers (ASTC) Sales and Marketing Coordinator, where his ambition led him to turn a 10% advertising sales budget deficit to a 28% surplus in his first three months of employment, and by his first year, sustain a 50% increase in long term sale contracts. David loves running and hiking and lives on Capitol Hill with his lively, Australian Shepherd puppy, Peaches.

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

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

(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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how will the loan be paid off?

acres

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