General Loan 

Frequently asked questions

In what states and counties do you lend?


New Jersey: Counties: Bergen, Essex, Hudson, Mercer, MiddlesexMonmouth, Morris, Ocean, Passaic, Sommerset Florida: South East 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 to 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 borrowers experience, our relationship, type of new construction, market conditions and loan to value and is decide 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 oursourced to a third party servicing company as we service our loans directly.




How soon can I expect a 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.





© 2020 by Peak Properties, LLC

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