Apple Capital Group

About Apple Capital Group

Headquartered in Arlington, TX, Apple Capital Group is an asset-based lender offering loans throughout the United States. They provide loans for a variety of needs and situations, including cash out hard money loans, private commercial loans, and construction loans. They issue loan amounts ranging from $25,000 to $100,000,000 with a maximum LTV of 90%. They make loans on the following types of properties: multi-family, apartments, office units, retail units, hotels, storage facilities, mixed use, warehouse spaces, industrial facilities, and medical offices.

Loan Types Offered: Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Mixed Use, Warehouse, Industrial, Medical

Areas Served: National

Lending Guidelines for Apple Capital Group

Below are the general loan guidelines published on the Apple Capital Group website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Apple Capital Group.

Loan Example 1

Deanna is a small business owner in Staten Island, NY. She wants to buy a new office space for her company but she is not able to secure a commercial mortgage from her bank because of her low credit rating. She turns to Apple Capital Group for a commercial private money loan to fund the acquisition. The new property is listed for $400,000. Based on a 75% loan-to-value (LTV) stipulated by the lender, the loan principle is $300,000. The additional $100,000 will be be funded by the borrower. In addition, the lender will require a 4 percent origination fee along with the 9%, 12 month term on the deal. They will not enforce a pre-payment penalty in case Deanna pays off the note before it expires. Deanna can eliminate the loan at any time if she pays off the $300,000 in principle, however, she will have to pay $2,250 monthly interest payments ($300,000 principle x 9% interest / 12 months in a year) in the meantime, or until the note expires. Since there is no pre-payment penalty, the only additional cost she would have is the $12,000 origination points which she will pay when the deal closes.

Loan Example 2

Ernest takes a private money loan from Apple Capital Group so he can rehab a house to flip in Austin, TX. The deal has the following terms:

a) A $270,000 sales price, b) a 75% loan to value (LTV), c) a 6 month term, d) a 9% interest rate, and e) a 1% origination fee.

If Ernest succeeds in his goal of a $405,000 sales price, the numbers of the deal will be as follows:

$405,000 sales price
- $202,500 note principle (75% LTV)
- $67,500 down payment (25% on 75% LTV)
- $2,025 origination points (1% of the $202,500 principle amount)
- $9,113 total interest paid (6 months x 9% interest)
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= $123,863 total profit (doesn't include taxes or renovation costs)

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