Borrowers

At Presidio Mortgage, we know that time is of the essence. We pride ourselves on quick turnaround time, typically responding to borrowers requests within hours. When we commit to funding a loan, we can fund in as little as 3 business days!

Below is a list of the types of loans we fund and their associated rates:

Property Type Maximum LTV Interest Rate Range Loan Terms
Raw Land 50% 7-11% Up to 5 years
Improved Land 50% 7-11% Up to 5 years
SFR’s/Condos/Townhomes 70% 7-11% Up to 5 years
Apartments/Mixed-Use 70% 7-11% Up to 5 years
Commercial/Industrial 70% 7-11% Up to 5 years

 

Additional Information:

All rates are subject to change without notice.
All loans are fixed rate/interest only, with a balloon due at maturity.
We only make loans secured by good quality, real estate.
We have no minimum FICO score requirement, however, mortgage payment history and the quality of the collateral play a factor in underwriting.
We DO make loans on raw land or improved land.
We DO make loans on both owner and non-owner occupied properties
We DO make loans secured by special use buildings or unique business properties such as restaurants, motels, gasoline stations, auto repair shops, etc.

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