New Jersey’s Prime Source for Private Real Estate Funding


NJ’s Prime Source for Private Real Estate Funding

NJ’s Prime Source for Private Real Estate Funding


What are your lending limits?

Our sweet spot on loans in the fix & flip market is between $75,000 – $1,000,000

Do you do 100% financing?
Yes, with our training and/or approved proprietary programs. Many times, our borrowers also prefer our successful joint venture program.
What value do you use?
Our loans are based up to a 75% loan to value depending on certain criteria of the project.
What type of properties do you lend on?

Our main focus is on single and multi-family residential properties consisting of 2-4 family houses. We do not lend on vacant land or development of land consisting of variances, and town approvals of subdivisions.

Will Peak lend on an investment property I want to buy and refinance at a later date?

Depending on the strength of the borrower or the type of property, we have unique programs where this can be arranged.

Are there any properties you do not lend on?
  • Leaking underground oil tanks
  • Cracked or sagging foundations
  • Fire damage, any structural damage
  • Flood zone areas
  • Next to gas stations, auto body shops, commercial or industrial areas
  • Raw land
  • Steep topography
  • Co-ops, primary residences, second homes, mobile homes, trailer homes
  • Subdivisions
  • Rezoning
  • Undesirable neighborhoods, streets, and neighbors
In what states and counties do you lend?
New Jersey: Counties: Bergen, Essex, Hudson, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset
Florida: Southeast Coast Counties: Martin, Palm Beach, Port St. Lucie
Who do you lend to?
We lend to real estate investors for the purpose of buying, renovating and selling properties. Our usual loan term is 6 months to 1 year.
We DO NOT lend to owner-occupied properties.
How are the loans structured?

Our loans are a 6-12 month balloon loans.

Will you take a 2nd lien position on a loan?

No, we do not give second position or subordinate loans.

Do you offer new construction financing?

Mostly no, as this is not our sweet spot in lending. This depends on the borrower’s experience, our relationship, type of new construction, market conditions and loan to value, and is decided on a case-by-case basis.

Are you a direct lender?

Yes we are direct lenders and NOT brokers, as we use our company funds along with our investing partners and accredited investors. Your loan is not outsourced to a third-party servicing company as we service our loans directly.

How soon can I expect an approval?

Your submission package, if complete, will be reviewed and analyzed within 48 hours. Then you can get a pre-approval based on your application and information of the project. After that, we will perform our full due diligence. Depending on the complexity we will usually give our response in 2-3 days.

What are your fees?

Our fees start at 1% of the loan amount depending upon the LTV, condition and work involved on the project. We also may include a project management fee depending on the experience of the borrower. Many newer and mid-level investors find this service very valuable, as they have added assistance to the project.

Do I need to have good credit?

No, as we are truly an asset-based lending program. We look at the project and LTV along with our proprietary program for traditionally non-qualified borrowers.

How do I submit a project for a loan?

First, you will fill out our basic information package for pre-approval. Then you will submit our “Submission Package” detailing the project and loan requested.

How much interest do you charge?

Depending on the project type, condition, amount of work, and the experience and financial strength of the borrower, interest starts at around 8.99%.

Our unique proprietary programs for beginners and mid-level borrowers afford slightly higher rates but with the following benefits:

  • NO monthly payments by the borrowers
  • NO 3 month reserves of capital
  • NO credit checks
  • NO personal guarantees
  • NO upfront closing costs brought to closing
Do I need to be experienced?

Mostly yes, but with our unique proprietary programs and assistance, we lend to beginners as well as the less experienced investors. Bring a qualified project and we will assist you in getting the project completed and provide the needed funds.

What about contractors?

They all need to be licensed and approved by us. With our proprietary programs, we can assist as well in getting your rehab completed by offering our competent contractors and our project management services.