100% LTC interest only LOC TERMS:
- 100% Loan to Cost (net after fees)
- Interest only payments
- Near Bank Rates
- Non-recourse
- 5 year term with 1 year extension
- No prepayment penalty
- World wide (case by case basis)
- Points and Fees can be added to Line of Credit
- 20% cash deposit required
- Underwriting and Signing of docs typically 3 to 4 weeks
- First Draw +/- 60 days following signing and 20% cash deposit
- At permanent take out remaining equity contribution is returned to Principal less the interest carry
- $250,000 Origination and Due Diligence Fee
Eligible Industries:
- Ground up construction
- Land
- Hotels
- Resorts
- Mixed Use
- Office
- Retail
- Multi-Family
- Oil and Gas
- Cannabis
TO APPLY:
PLEASE SIGN THIS AGREEMENT AND ATTACH THE REQUESTED DOCUMENTS
APPLICATION AGREEMENT & FEE:
It is Agreed and Understood that with this APPLICATION and $5,000.00 USD Application Fee, I am Engaging RAM Global Enterprises LLC to initiate a review of the Forms and Documents submitted from the RAM Global Enterprises website for the purposes of a potential Underwriting of a 100% Loan to Cost Line of Credit requiring a 20% cash equity, that must include the following:
"Sign Info" Page in Blue Hyperlinks - www.ramgellc.com
1. Compliance (form #1d) + $5,000 wire (application fee)
2. Fund Application (form #2d)
3. Submission Form (form #3d)
Application Fee of $5,000 is NON-REFUNDABLE and NON-ACCOUNTABLE
For wire instructions please contact Kristin Lill @ +1 (407) 808 - 8300 or klill@keysquareconsulting.com
By my signature below I accept the terms and conditions of this Agreement in its entirety.