Loan amount
$100K-$10M
Loan-to-value (LTV)
80%
Required credit score
650
Required deal experience
None
Rates
10% - 14%
Fees
2% - 4% Points
Address
5 Continental Ave. Suite 392, Forest Hills, NY, 11375
About
Vega provides loans which are collateralized by 1st-lien positions in single-family or multi-family real estate investments. Our underwriting process is rigorous as we examine both quantitative and qualitiative factors in making a decision to lend. Our objective is to meet the need in the U.S. credit markets for short-term loans secured by real estate to home builders, developers, and real estate investors with collateral looking to expand. Vega's team has over 20 years of experience in finance, risk management, and private real estate investments from firms like Citibank, ING, Credit Suisse, and Morgan Stanley.
States
Connecticut Florida New Jersey New York Pennsylvania

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