Programs
Fortress Prime Program:
- Office, Multi-Family, Retail, Self-Storage, Warehouse, Industrial, Residential/Mixed Use For Rent Development, Commercial Portfolio
- Rates Starting At 3.25%
- Lending In All U.S. States Except AZ, WY, MT, SD, ND, NE (Rural Not Allowed)
- Up To 65% LTV / Cash Out 60% LTV
- Purchase, Cash Out, Rate And Term
- Minimum Loan Amount $750k – $100mm (Market Dependent)
- Term: 5/1, 7/1, 10/1 ARM 25/30 Yr. Am
- Full Doc Global Underwrite
- Minimum DSCR 1.20 Multi Family / 1.30 All Other Asset Classes
- 680 Minimum FICO
- 0% – 2% Closing Costs
- Minimum Occupancy Inv. 80%
Fortress Hybrid Program:
- Office, Multi-Family, Retail, Self Storage, Warehouse, Industrial, Mixed-Use Only
- Rates Starting At 5.125%
- Lending In All U.S. States Except AZ, MI, WY, MN, SD, ND, NE, NJ, NY (Rural Not Allowed)
- Up To 80% LTV On Transactions
- Purchase, Cash Out, Rate And Term
- Minimum Loan Amount $500k – $10mm
- Term: 5,7,10 and 30 Year Fixed
- Full Doc And 3 Mo. Bank Statement
- Minimum DSCR 1.00
- 600 Minimum FICO
- 1-2.50% Origination Fee
- Top 120 And Sub-Markets Ok
Fortress Residential Bridge Program:
- 1-4 Unit Inv. Residential And Multi-Family
- Rates Starting At 6.50% Interest Only
- Lending In All U.S. States Except NV, AZ, WY, MT, SD, ND, NE, OR (Rural Not Allowed)
- Purchase, Cash Out, Rate And Term
- Up To 90% LTV Purchase On Rehab/Fix And Flip
- 100% Of Rehab Costs Allowed
- Loan Amounts $125k – $2.0MM
- Up To 2 Year Fixed Terms
- No Minimum DSCR
- Minimum FICO 640
- 1.00% – 2.00% Closing Costs + $995.00 Processing Fee
- Closing Times 10-14 Days
- 1st Time Investors OK
- Foreign Nationals OK To 70%
- BPO Allowed On Some Locations
Fortress Commercial Bridge Program:
- Office, Retail, Industrial, Warehouse, Multi-Family, Mixed Use Only
- Rates Starting At 7.99% Interest Only
- Lending In All U.S. States Except NV, AZ, WY, MT, SD, ND, NE (Major MSA And Sub Areas Only)
- Purchase, Cash Out, Rate And Term
- 75% LTV Stabilized / 70% LTV Unstabilized
- Loan Amounts Commercial $1.0mm – $15.0MM
- 12, 18, 24 Month Terms
- Minimum DSCR 1.00
- 2.50% – 3.50% Points
- TI’s And FFE’s Funds Allowed
- Bailouts / Foreclosure / BK OK
- Non-Recourse Allowed On Investment (No Tax Returns)