Stronghill Capital, LLC

Austin, Texas

CA DRE Lic. 02091978 | Stronghill Funding Inc.

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Stronghill Capital Lending Parameters

Stronghill Capital is an established national direct lender for income-producing real estate—including commercial, multifamily, and investment residential properties. We specialize in serving seasoned, entrepreneurial users of capital and professional owners of income-producing real estate.

Property Types: Commercial, Multifamily, and 1-4 Unit Long-Term Leased Investor Residential (Income Producing Properties only)
Lending Areas: Nationwide U.S. lending except ND, NV, and SD in Primary and Secondary Markets (Top 120 MSAs)
Loan Amounts: $500,000 – $5,000,000
Loan Structure: Fixed Rate Mortgage Loans. 5, 7, or 10 year terms.
LTV: Up to 65.0% (70% Case by Case)
DSCR Minimum: 1.20x
Credit Score Minimum: 620
Amortizations: 25 or 30 Years
Recourse: Full
Prepayment: Locked for half the term and opens up during the last 3 months for free; in between at a penalty of 3-5pts declining 1% per year
Debt Yield: Minimum 9.0%
Rate Considerations: Dependent on LTV, Debt Yield, DSCR, and Borrower Experience. Contact us for details.
Rate Adjustments: Property Type, Credit Score, Borrower Net Worth/Liquidity, Loan Purpose, and Market Size.
Loan Reserves: 4 to 12 Months PITI Reserves required, case by case.
Deposits and Fees: Variable. Contact us for details.

Property Geographic Area Details

Primary and Secondary Markets (Top 120 MSAs) Nationwide except ND, NV, SD

Loan Amounts

$500,000 to $5,000,000

Interest Rates

4.5% to 8%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

75.00%

Origination Fees

0% to 2%

Loan Terms

300 months to 360 months

Lien Position

Loan Purpose

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

Property Occupancy

Tenant Occupied 100%
Tenant Occupied Partial
Owner Occupied Commercial

Minimum Occupancy Percentage

80%

Property Types and Loan Types

Collateral Types

Residential Property
Commercial Property

Property Types

2-4 Units Residential
Commercial Condominium
Condominium
Industrial
Mixed-Use
Mobile Home
Mobile Home Park
Multifamily
Office
Portfolio of Commercial Properties
Portfolio of Residential Properties
Retail
Single Family Residence
Storage Facility

Loan Types

Commercial Long-Term
Residential Long-Term Rental

Specialty Loan Types

Residential Long-Term Rental
Commercial Permanent Financing

Purchase Loan

Max Loan-To-Purchase Price

75.00%

Borrower Must Have Property Under Contract

yes

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 Another Investment Property
Family

Residential Long-Term Rental

Further restrictions may apply. Contact us for further details.

Minimum Interest Rate

4.5%

Maximum Interest Rate

Maximum Origination Fee

Minimum Loan Term

300 months

Maximum Loan Term

360 months

Maximum Loan-To-Value

75.00%

Maximum Loan-To-Purchase

75.00%

Seasoning Time

12 months

Minimum Debt Service Coverage Ratio

1.10

Will Lend on a Portfolio of Rentals

Yes

Minimum Number of Properties

Maximum Number of Properties

Minimum Property Value

$250,000

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers

Payment Structure

Amortized

Payment Structure Details

Fixed Rate: 5, 7- or 10-Year Loan Term.. 25-30 Year Amortizations

Pre Payment Penalty

yes

Loans locked for half the term and opens up during the last 3 months for free; in between at a penalty of 3-5pts declining 1% per year 5 year fixed: L(30), 3% (12), 2% (12), 1% (3), 0 (3) 7 year fixed: L(42), 4% (12), 3% (12), 2% (12), 1% (3), 0 (3) 10 year fixed: L(60), 5% (12), 4% (12), 3% (12), 2% (12), 1% (3), 0 (3) Example: 5 year fixed: L(30), 3% (12), 2% (12), 1% (3), 0 (3) (Prepayment penalty is locked for the first 30 months then converts to a 3% penalty for 12 months, then a 2% for 12 months, then a 1% for 3 months, then 0% for the last 3 months). The lockout period means they cannot prepay the loan during this time. (If the borrower decides to sell the property during the lockout period the loan can be assumed by a qualified buyer)

Will lend to a foreign national

yes

Case-by-case basis. Contact for details.

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
Self-Directed IRA

Documentation Required

Credit Report
Tax Returns
Bank Statements
Financial Statements
Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

620

Credit Check Description

FICO scores. Rate adjustments for higher scores.

Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Fees

Deposit Required

$1,000.00 to $5,000.00

Hard Cost + Underwriting Fee

Underwriting Fee

$1,195.00 to $0

Single Assets: $1,495 ($1,195 for Single Family (1-4 Unit)) Portfolios: $250 per additional property ($50 per additional Single Family (1-4 unit) property) Additional Fees included within Underwriting Fee

Escrow Fee

Upfront: 2 full months of estimated tax and insurance Monthly: 1/12 of estimated annual tax and insurance

Appraisal Fee

$3000 to $5000 - Commercial $400 to $900 - Residential

Fees which are mandatory for all new borrower clients

Deposit
Underwriting Fee

Fees which are charged upfront prior to loan closing

Deposit
Underwriting Fee

Fees which are paid to a third party company

Deposit
Underwriting Fee

Legal Disclaimer

Rates included are indicative. Further restrictions may apply.

Additional Details

Stronghill Funding Inc. is a California DRE licensed corporation, License 02091978. Further restrictions may apply.

About Stronghill Capital

Stronghill Capital is an established national direct lender for income-producing real estate—including commercial, multi-family, and investment residential properties.* We specialize in serving seasoned, entrepreneurial users of capital and professional owners of income-producing real estate.

Lending since 2018, Stronghill Capital provides a reliable and efficient process that our partners can expect, deal after deal. Our experienced team is adept at building and maintaining long-term relationships with borrowers and intermediaries to support their ongoing needs.

Our loan solutions range from $500,000 – $5,000,000, and we can assist clients with larger lending needs through our affiliation with ArrowMark Partners. Our leadership team consists of accomplished real estate experts with multi-billion-dollar experience in asset management and lending.

*Excluding senior living and hospitality

License

CA DRE Lic. 02091978 | Stronghill Funding Inc.

Company Size (Number of Employees)

55 Year Established

2018

Associations

Mortgage Bankers Association - Member
CRE Financial Council - Member
Equal Housing Opportunity

Office Locations

Stronghill Austin Headquarters
7200 N MoPac Expy, Suite 100, Austin, Texas 78731

Primary Capital Source

Own Funds
Bank Credit Line
Asset Management Companies

Alternative Capital Sources

Own Funds
Bank Credit Line
Asset Management Companies

Loan Structure for Majority of Loans

Own Balance Sheet

Alternative Loan Structures

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
Residential Mortgage Banking

Percentage of Loans Secured by Commercial Property

75%

Percentage of Loans Secured by Residential Property

25%

Justin Kintz, CCIM

Managing Director

Brian B. Simmons

Managing Director

Melissa "Missi" Snowden

Director

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.

	Image
1

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Will additional properties be collateralized? *

Additional Properties

Address

City *

State *

Zip Code

APN Parcel Number(s)

Square Footage

Lot Size

acres

Type *

Other Type *

Number of Units

Photos

Add links to photos here.

	Photo Link
1

Add

Borrower Entity *

Other Borrower Entity *

Borrower’s Credit Rating *

Comments

Additional Attachments

Add links to documents, photos, etc.

	Attachment Link
1

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Stronghill Capital, LLC

Our Minimum Loan Amount Is

$500,000

Lending Profile

Company Profile

Team

Apply

Contact

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Stronghill Capital Lending Parameters

Property Geographic Area Details

Primary and Secondary Markets (Top 120 MSAs) Nationwide except ND, NV, SD

Loan Amounts

$500,000 to $5,000,000

Interest Rates

4.5% to 8%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

75.00%

Origination Fees

0% to 2%

Loan Terms

300 months to 360 months

Lien Position

Loan Purpose

Property Occupancy

Minimum Occupancy Percentage

Property Types and Loan Types

Collateral Types

Property Types

Loan Types

Specialty Loan Types

Purchase Loan

Max Loan-To-Purchase Price

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

Residential Long-Term Rental

Minimum Interest Rate

Maximum Interest Rate

Maximum Origination Fee

Minimum Loan Term

Maximum Loan Term

Maximum Loan-To-Value

Maximum Loan-To-Purchase

Seasoning Time

Minimum Debt Service Coverage Ratio

Will Lend on a Portfolio of Rentals

Minimum Number of Properties

Maximum Number of Properties

Minimum Property Value

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Payment Structure

Payment Structure Details

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

Will Consider Equity Joint Venture

Borrower Entity Types Considered

Documentation Required

Personal Guaranty (Recourse) Required

Credit Check Required

Minimum Credit Score Required

Credit Check Description

Appraisal Required for Residential Property

Appraisal Required for Commercial Property

Broker Price Opinion (BPO) Accepted for Residential Property

Broker Price Opinion (BPO) Accepted for Commercial Property

Fees

Deposit Required

Underwriting Fee

Escrow Fee

Appraisal Fee

Fees which are mandatory for all new borrower clients