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Stratton Equities is the leading Nationwide Direct Hard Money & NON-QM Lender that specializes in fast and flexible lending processes. Our team is owned and operated by experienced Real Estate Investors providing a reliable and knowledgeable team to help all Real Estate investors succeed.
Our hard money and direct private money loan programs support the following investment projects:

Property Geographic Area Details

Nationwide except NV, ND, SD, VT

Loan Amounts

$100,000 to $5,000,000

Interest Rates

5% to 9.99%

Max Loan-To-Value

80%

Max Loan-To-Cost

90%

Origination Fees

0% to 4%

Loan Terms

3 months to 360 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Single Family Residence
  • Storage Facility

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Long-Term Rental

Specialty Loan Types

  • Residential Long-Term Rental
  • Foreclosure Bailout
  • Residential Non-Prime

Purchase Loan

For rehab projects, borrowers will need to contribute a minimum down payment of 10% plus closing costs.

Max Loan-To-Purchase Price

90%

Borrower Must Have Property Under Contract

yes

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

Rehab Value Add Loan

Borrowers will need to pay for the first phase of the project out of pocket and request a draw upon completion. Interest reserves may also be required.

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%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

0

Maximum After Repair Value

75.00%

Residential Long-Term Rental

For our long-term rental loans, we require a minimum credit score of 650. There is a pre-payment penalty if paid off in less than 3 years.

Minimum Loan Amount

$100,000

Maximum Loan Amount

$5,000,000

Minimum Interest Rate

5%

Maximum Interest Rate

7.99%

Maximum Origination Fee

4%

Minimum Loan Term

36 months

Maximum Loan Term

360 months

Maximum Loan-To-Value

80%

Maximum Loan-To-Purchase

80%

Minimum Debt Service Coverage Ratio

1.10

Will Lend on a Portfolio of Rentals

Yes

Minimum Number of Properties

3

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

7

Payment Structure

  • Interest Only
  • Amortized

Pre Payment Penalty

yes

Short-term bridge loans may not have a pre-payment penalty. Long-term loans will have a pre-payment penalty.

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

no

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • LLC
  • Corporation

Documentation Required

  • Credit Report
  • Bank Statements
  • Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

400

Credit Check Description

Short-term loans don't require good credit. Long-term rental loans require at least 650 FICO score.

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

Processing Fee

Documents Fee

Fees which are mandatory for all new borrower clients

  • Processing Fee

Fees which are paid to a third party company

  • Legal Fee
  • Settlement Fee
  • Appraisal Fee
  • Inspection Fee
  • Title Fee
  • Credit Report Fee
  • Background Check Fee

Additional Details

Our in-house processing fees typically total around $1,500.

Stratton Equities is the leading Nationwide Direct Hard Money & NON-QM Lender that specializes in fast and flexible lending processes. Our team of professional loan officers, have a background in real estate investing as well as the extensive knowledge needed to work with various loans and property types. We understand the importance of getting a deal approved quickly and efficiently.

INTRODUCTION TO STRATTON EQUITIES’ CEO – MICHAEL MIKHAIL

Michael Mikhail is the Founder and CEO of Stratton Equities, the nation’s leading hard money and NON-QM lender to national real estate investors, with the largest variety of mortgage loans and programs nationwide.

Having launched Stratton Equities in early 2017, Michael has always been an entrepreneur and innovator in the real estate market, purchasing his first home at 19 utilizing hard money.

A serial entrepreneur with a foresight for business opportunities, Michael had a slew of small businesses prior to launching Stratton Equities. One of his most prolific ventures was a car wash connected to a gym he was affiliated with in Florida between 2001-2002.

Michael officially joined the mortgage industry in 2003 and decided to travel to explore his options globally. After traveling to 19 countries in 5 years, Michael knew two things; he wanted to start his own business and launch it in the United States. He knew that moving back to the states was the best place he could start something small and grow it into something infinite.

In 2017, Michael noticed how the mortgage industry had transformed after the regulations presented from 2008-2012, and knew it was time to set out something on his own, thus creating Stratton Equities.

Under Michael’s leadership, Stratton Equities has grown into one of the biggest leaders in the Mortgage and Real Estate industry across genres and platforms.

Company Size (Number of Employees)

35

Year Established

2017

Office Locations

28 Bloomfield Avenue, Pine Brook, NJ 07058

Primary Capital Source

  • Hedge Funds

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Company’s Other Business Activities Besides Private Mortgage Lending

  • Commercial Mortgage Banking

Percentage of Loans Secured by Commercial Property

20%

Percentage of Loans Secured by Residential Property

25%

Percentage of Residential Property Loans Which are Fix and Flip

20%

Percentage of Residential Property Loans Which are Buy and Hold

50%

Percentage of Commercial Property Loans Which are Ground-Up Construction

15%

Percentage of Residential Property Loans Which are Ground-Up Construction

20%

Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)

50%

Total Number of Loans Funded to Date

750

Total Loan Volume Funded to Date

$225,000,000

2018 Number of Loans Funded

250

2018 Loan Volume Funded

$75,000,000

2019 Number of Loans Funded

500

2019 Loan Volume Funded

$150,000,000

Before You Contact Us

Our Minimum Loan Amount Is

$100,000

What We Do

  • Residential & Commercial Properties
  • Bridge, Rehab, Flip, Long-Term Rental
  • Up to 90% LTC for Rehab Projects
  • 10%+ Cash Required for Flip Purchase

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO Land Loans
  • NO Ground-Up Construction
  • No Rural Areas

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

$
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months

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.)

$
$
$
$
$
$
$
%

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

$
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$
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how will the loan be paid off?

acres

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acres

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