Real Estate Lending Solutions

What We Do

Real Estate presents a tremendous opportunity for investors to acquire wealth and business owners to acquire equity in their businesses. Real Estate also presents the best collateral available for most lending solutions. Everstream Capital offers a variety of bank and alternative commercial real estate loans solutions both investors and business owners alike.

Fix & Flip Finance

This alternative lending solutions is available for the enterprising, speculative investor. It’s for that investor who can take an ugly house, rehabilitate it, and sell to a buyer for a beautiful profit. Most banks offer no finance for “Fix/Flip” investors. Most alternative lenders offering this solution require the investor to have “Fix/Flip” experience.

Everstream Capital has partnered with a strategic lender offering finance for experienced and novice residential real estate investors.

Things to consider:

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Credit scores are not a disqualifying factor.

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Loan requests are available between $50,000 to $1 million.

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Funding speed is between 7 to 14 business days.

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Interest rates 12 to 14.75%.

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Target markets in are Austin, Dallas/Ft.Worth, Houston, and San Antonio.

Speculation New Home Construction Finance

This commercial real estate loans solution is offered by some banks but only to its most experienced builders with strong financial profiles and credit scores.

Everstream Capital has partnered with a strategic lender offering finance for developers, builders, and general contractors when building a home under market value.

Things to consider:

Spec home new construction loan designs are 6 to 18 months terms
90% max LTC (Loan to Cost)
70% max LTV (Loan to Value).
Interest rates range between 12.5 to 14%.
Target markets in Texas are Austin, Dallas/Ft.Worth, Houston, and San Antonio.

Hard Money Finance

Everstream Capital partners with various private equity lenders providing pure asset-based lending solutions.

Our various lenders offer short term and long-term lending solutions.
Loan to values can range from 50 to 80%.
Terms can be 3 to 5 years with 10 to 20-year amortization.
Rates vary between 11.00% to 15% with our lenders.
Loan requests underwritten between $50,000 to $5,000,000.

Our lenders can provide hard money finance anywhere in Texas. Our hard money lenders even lend to foreign nationals with established nexus in the United States. Ideal candidates for hard money finance are borrowers needing quick finance, wanting minimal document submission requirements, speed in funding, or are credit impaired.

Commercial Small Balance

Everstream Capital is excited to offer a wonderful alternative lending solution with bank-like loan structures. This commercial real estate loans solution is designed for:

Multifamily
Mixed-use
Office
Retail
Light industrial
Warehouse
Self-storage
Mobile home park
Daycare center
Restaurant
Bar
Automotive shops

Investor or owner-occupied borrowers welcome. US citizens, resident aliens, and legal entities may borrow.
Loan structures tend to look like this:

Loan request: $250,000 to $2,000,000
Rates: 6 to 9.50% FICO: 600 or better
Terms: 5,7, and 10-year hybrid
Amortization: 15,20, 25, and 30 years
Purpose: purchase, refinance, cash out.
Underwriting choices: full financial documentation, bank statement only, or stated income only.

Freddie Mac Small Balance Loan

In 2014, Freddie Mac created a new small balance loan program directed at multi-unit homes. The program created a platform for financing loans between $1 million to $6 million. Freddie Mac SBL is ideal for apartment complex transactions either for refinance or acquisition. Standard features to the Freddie Mac SBL include:

Non-recourse with standard carve-out provisions
Lending platform for all markets up to 80% LTV
Flexible prepayment options
Acquisition/Refinance
Amortization: up to 30 years
Eligible properties: Conventional multifamily housing with 5 residential units or more
Occupancy requirement: 90% minimum over a trailing three-month underwriting period.
FICO: 650+
Net worth/Liquidity: Net worth equal to the loan amount. Liquidity equal to 9 months of principal
and interest