Direct Balance-Sheet Bridge Lender for Investment Property

Stormfield Capital is a direct balance-sheet commercial bridge lender specializing in funding loans that require speed and surety of execution. Stormfield is the last of a dying breed. We exclusively lend off our balance sheet and all loans are serviced in-house. We do not sell our loans. Brokers and borrowers who a looking for a true “private lender” with institutional execution – look no further.

  • Purchase and Refinance Bridge Loans
  • Rehab Value-Add Loans
  • Lending on Select Property Types
    • Residential Investment
    • Multifamily
    • Mixed-Use
    • Industrial
    • Mobile Home Park
    • Storage Facility
  • Referring brokers are always protected (for initial fee and take-out financing)

Please note: We do NOT consider land or ground-up construction loans.

Property Geographic Area Details
CO, CT, DC, DE, FL, GA, MA, ME, MD, NC, NJ, NY, SC, NH, PA, VA, VT, WA
Loan Amounts
$250,000 to $10,000,000
Interest Rates
8.5% to 11.99%
Loan Terms
6 months to 36 months
Origination Fees
0% to 2%
Lien Position
1st
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
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add)
Max LTP Residential: 70%
Max LTP Multifamily: 70%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 65%
Max LTV 1st Lien Multifamily: 65%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 65%
Max LTV 1st Lien Multifamily: 65%
Residential Fix & Flip
Max LTP: 85%
Max LTC: 100%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 85%
Max LTC: 100%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 85%
Max LTC: 100%
Max LTARV: 70%

Property Types

  • 2-4 Units Residential
  • Condominium
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Multifamily
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Single Family Residence
  • Storage Facility
  • Student Housing
  • Timberland

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Multifamily Bridge
  • Multifamily Rehab
  • Commercial Bridge
  • Commercial Property Value Add

Specialty Loan Types

  • Bankruptcy Resolution
  • Condo Conversion
  • Debtor in Possession
  • Discounted Note Payoff
  • Foreclosure Bailout
  • Line of Credit Portfolio of Properties
  • Line of Credit Single Property
  • Luxury Homes
  • Note Purchase
  • Partner Buyout
  • Reverse 1031 Exchange
  • Transactional Funding
We fund up to 85% of purchase for rehab loans. For purchase loans that do not include a rehab budget, borrowers must have a 30%+ down payment.

Max Loan-to-Purchase Price

85%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Gap Lender
  • Crowdfunding
  • Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

2

Maximum After Repair Value

70%

Deposit Required

Expense Deposit is fully-refundable if the loan does not close. Used for customary 3rd party reports.

Fees which are paid to a third party company

  • Legal Fee
  • Appraisal Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

5

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

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
Documentation Required
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Contact Stormfield Capital, LLC

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Stormfield Capital  is a private investment firm specializing in real estate secured credit investments. Through our direct subsidiaries, we are a balance-sheet commercial bridge lender and direct hard money lender.  Stormfield provides short term bridge loans, secured by first mortgages, on commercial and residential investment real estate in the Northeast and major metropolitan areas across the United States. Stormfield has established a reputation built on transparency and an ability to close difficult transactions in a fast and efficient manner.

The transactions we finance tend to be either problem solving or opportunity facilitating in nature. By focusing on the current and future potential of the underlying real estate collateral, we are able to fund situations other lenders will not.

Stormfield Capital is a direct balance-sheet commercial bridge lender specializing in funding loans that require speed and surety of execution. All loans are serviced in-house and referring brokers are always protected (for initial fee and take-out financing).

Company Size (Number of Employees)

16

Year Established

2012

Associations

  • American Association of Private Lenders

Office Locations

200 Pequot Avenue, Southport, Connecticut 06890

Primary Capital Source
  • Debt Fund We Manage
  • Private Equity Funds
  • Hedge Funds
Alternative Capital Sources
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

65%

Percentage of Loans Secured by Residential Property

35%

Total Number of Loans Funded to Date

1,100

Total Loan Volume Funded to Date

$1,000,000,000

Our Team

Wesley Carpenter

Founding Partner

Timothy Jackson

Founding Partner

Kyle Shea

Vice President

Daniel Heetmann

Senior Associate

James Weissenborn

Senior Associate

Callahan Healy

Associate

Adam Czarnecki

Associate

Contact Stormfield Capital, LLC

Stormfield Capital, LLC pays us to be listed, so there is no fee to connect with them directly.

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BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$250,000

What We Do

  • Purchase & Refinance Bridge Loans
  • Rehab Value-Add Loans
  • Direct Balance Sheet Lending
  • Quick Closings

Not Available

  • NO 100% Financing
  • NO Land
  • NO Ground-Up Construction
  • NO Owner-Occupied Homes

Send an email to Stormfield Capital, LLC