Roc Capital
645 Madison Avenue, 19th floor, New York, NY 10022
https://roccapital.com/
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
18,209
Total loans closed with Loan Factory (past 12 months)
14,701
Lender overview
Basic information
Loan Funder LLC, c/o Superior Loan Servicing, ISAOA/ATIMA 7525 Topanga Canyon Blvd. Canoga Park CA 91303-1214
Loan Funder LLC, Series __, its successors and/or assigns ATIMA, 645 Madison Avenue, 19th Floor, New York, NY 10022
Lock policies & Fees
Lock Policies
15 days on DSCR, once the loan is agreed, after 15 days the loan will be repriced. On Bridge loans, typically 30 days.
N/A
Lender's niche & Overlays
1-4 unit ground up construction, F+F and stabilized bridge
DSCR OVERLAY
Experienced investors w/credit >700, eleigible up to 75% Cash out
BRIDGE OVERLAY
Ground Up Construction- No First timers, unless the borrower has heavy/extensive rehab experience. Credit >=680
Stabilized Bridge: Up to 75% for good credit, tier 3 borrowers, non luxury property
Fix and Flip Credit >660, lower credit subject to additional interest brought to close. >720 first timer eligible up to 85%
Experience | Tier 1 | Tier 2 | Tier 3 | Tier 4 | Tier 5 |
Experience Req | 0 | 1-2 properties | 3-4 | 5-9 | 10+ |
Light | Y | Y | Y | Y | Y |
Moderate | Y | Y | Y | Y | |
Heavy | Y | Y | Y | Y | |
Extensive | Y | Y | Y | ||
Max LTC | 75% up to 85% | 80% | 85% | 90% | 90% |
Max ARLTV | 70% | 70% | 75% | 75% | 75% |
Lender turn time
2
2
1
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