Falcon Americas Finance

About Falcon Americas Finance

Falcon Americas Finance is a Coral Gables, FL based hard money lender. They provide funding throughout Miami. They offer lending solutions for many different situations, including bridge loans and hard money loans for commercial properties. They issue loan amounts ranging from $100,000 to $100,000,000 with a maximum LTV of 80%. They will make loans on numerous property types, including multi family residences, apartment buildings, office buildings, retail units, hotels/motels, storage buildings, senior housing communities, mixed use spaces, warehouses, industrial facilities, medical buildings, and undeveloped land.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

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

Areas Served: Miami

Lending Guidelines for Falcon Americas Finance

Below are the general loan guidelines published on the Falcon Americas Finance 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 Falcon Americas Finance.

Loan Example 1

Terrence is a business owner in Miami, FL. He decides to acquire a new building for his company but he isn't able to get a conventional mortgage loan from his bank due to his subpar FICO score. He looks to Falcon Americas Finance for a commercial private money loan so he can fund the acquisition. The new property will cost $190,000. Because there is a 60% loan to value (LTV) stipulated by the lender, the principle will be $114,000. The remaining $76,000 will be be paid by Terrence. The lender also specifies the following terms to the loan: 1) a 9% rate of interest, 2) a 18 month term with interest only payments to be paid monthly, 3) an origination fee of 4 percent paid by Terrence at the close, and 4) no fees for pre-payment. Under the conditions of this deal, Terrence will pay an origination fee of $4,560 when the deal is executed. He will also begin to make payments of $855 per month for the duration of the note and will pay back the principle at the expiration of the 18 month term. If he decides to pay off the note earlier, he may do so without any additional expense because there isn't a pre-payment penalty attached to the note.

Loan Example 2

Bobby takes a hard money bridge loan from Falcon Americas Finance in order to renovate a property to resell in Miami, FL. The deal has the following parameters:

a) A $300,000 sales price, b) a 80% loan to value (LTV), c) a 12 month term, d) a 11% interest rate, and e) a 5% origination fee.

If Bobby succeeds in his goal of a $390,000 sales price, the numbers of the project will be as follows:

$390,000 sales price
- $240,000 note principle (80% LTV)
- $60,000 down payment (20% on 80% LTV)
- $12,000 origination fee (5% of the $240,000 principle)
- $26,400 total interest paid (12 months x 11% interest)
-----------------------
= $51,600 total profit (doesn't include taxes or renovation costs)

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