Real Estate Loans
Fix & Flip
(Bridge Loan)
$30,000+
12, 18, 24 mos loan term (IO)
Up to 85% LTV + 100% Rehab
Minimum FICO 620+
Rates range from 7%-15%
Max Loan Amount not to exceed FHA cap
Ⓧ No pre-pay penalty
SFH (1-4 units), Condo, Multifamily, Mixed-Use
Rental Loan
(DSCR)
$75,000+
30 yrs loan term (no balloon)
75%-80% LTV
Minimum FICO 680+
Rates range from 6.5%+
Max Loan Amount not to exceed FHA cap
Ⓧ No pre-pay penalty
SFH (1-4 units), Condo, Multifamily, Mixed-Use
Bridge Loan
(Hard Money)
$100,000+
12-24 mos loan term
Minimum FICO 650
Rates range from 10.5%+
Max Loan Amount not to exceed FHA cap
Ⓧ No pre-pay penalty
✓ Experience Required
SFH (1-4 units), Condo, Multifamily, Mixed-Use
Lending Criteria
We have over 6 different loan programs.
The first part of every successful fix and flip is finding the right real estate property.
That’s why we’ve created this easy, 5-point guide to help you find the “sweet spot” deal,
which can give you the best chance at making money in real estate, while safeguarding
your investment.
At Herkimer Capital we are only interested in funding projects that will give you
the best opportunity at realizing success.
Therefore our criteria is centered around these 5 points:
The Benefits of Using a Debt Stack
The DSR Report (Debt Stack Report) provides essential details about the debts associated with an investment property.
It includes information on the primary mortgage holder and the outstanding balance, as well as details on any secondary
mortgages, including the lender and the remaining balance.
Additionally, it will identify any tax liens or other liens on the property. For any successful investor, conducting thorough
due diligence before making an offer is crucial. Remember, the most successful offers are those that are well-informed!
Contact us to get your Debt Stack Report at team@herkimercapital.com
Information returned in the report varies by state and local justification. Not all information is available in all locations.
Herkimer Capital LLC is not responsible for the amount of information, nor the accuracy or relevancy of the
information provided. Some jurisdictions have no information. In those cases, your purchase will be refunded.
Debt Stack Reports are not available in Kansas.
Not available in: AZ, MN, NV, ND, SD, UT, VT
We reserve the right to make changes to loan programs available and rates are subject to change based on current markets.
Multifamily Financing Solutions
At Herkimer Capital, we specialize in providing tailored financing solutions for multifamily
real estate investments. Whether you're acquiring, renovating, or refinancing multifamily
properties, our funding options are designed to support your unique investment goals.
Our multifamily loans cater to investors seeking funding for residential properties with multiple units,
including small apartment buildings, large-scale complexes, and mixed-use properties.
These loans are distinct from single-family home mortgages, offering terms and structures
specifically designed for multifamily real estate investments.
Herkimer Capital’s multifamily financing can be used for a variety of purposes:
Every loan is unique,
but our general terms include:
• Origination Fee: 1%−4%
Our loan rates and terms vary based on factors such as the property’s performance, location, and loan-to-value ratio. We work with investors to provide competitive options that align with market conditions and investment objectives. When you partner with Herkimer Capital, you gain access to experienced professionals who understand the multifamily sector. We’ll guide you through the funding process, ensuring a smooth and efficient experience so you can focus on building your portfolio and maximizing returns.
