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Where do you fall on the Continuum?
It's your project, and it's your loan. At Continuum Capital Funding (CCF), we create a loan customized to you and your real estate needs. As your project moves toward completion, we can negotiate a reduction in interest rate. Please use this table as a general guideline to learn where your project may fall.
Distressed Property
High Risk
EXPERIENCE
You have successfully sold or refinanced at least one project.
LOAN-TO-VALUE
Up to 70% LTV.
OCCUPANCY
Less than 65%
STABILIZATION
Property is vacant and in need of significant renovation work.
LOCATION VIBRANCY
CCF will lend anywhere in the Chicagoland area. Neighborhoods with low sales activity carry a high risk premium.
DEBT-COVERAGE
Property does not generate any rental income at this time. However, it does exhibit strong potential to cash-flow in the future.
BANKABILITY
CCF does not have a minimum credit score requirement.
Renovation in Progress
Moderate Risk
EXPERIENCE
You have successfully sold or refinanced a few projects.
LOAN-TO-VALUE
Up to 75% LTV.
OCCUPANCY
65 - 100%
STABILIZATION
Renovations are under way and lease-up is in progress.
LOCATION VIBRANCY
CCF will lend anywhere in the Chicagoland area. Neighborhoods with average sales activity carry a moderate risk premium.
DEBT-COVERAGE
1 - 1.25
Property is generating some rental income.
BANKABILITY
Borrower exhibits strong potential for a conventional refinance.
Stabilized Property
Low Risk
EXPERIENCE
You are a highly experienced re-developer with a large portfolio.
LOAN-TO-VALUE
Up to 80% LTV.
OCCUPANCY
90 - 100%
STABILIZATION
Renovations are complete and property is rented.
LOCATION VIBRANCY
CCF will lend anywhere in the Chicagoland area. Areas with high sales activity and vibrant market conditions carry lower risk.
DEBT-COVERAGE
1.25+
Property is generating bountiful cash flow.
BANKABILITY
Borrower has experience refinancing with conventional lenders.
*The aforementioned are general guidelines. Please contact a CCF Team Member to discuss your specific scenario and learn how we can create a loan tailored to your needs.