Trius Lending Partners

About Trius Lending Partners

Trius Lending Partners is a hard money lender in Baltimore, MD providing funding in Maryland, Pennsylvania, Delaware, Washington DC, and Virginia. They provide loans for many different situations and needs, including commercial loans, short term bridge loans, fix and flip hard money loans, new construction loans, refinancing, and rental property loans. They provide loans with a maximum LTV of 80%, terms up to 1 year, and rates ranging between 12% and 15%. Their loan guidelines do not require a minimum credit score. They will make loans on all of the following property types: single family, multi-family, apartment buildings, office units, retail storefronts, mixed use, industrial facilities, and warehouses.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use, Industrial, Warehouse

Areas Served: MD, PA, DE, DC, VA

Lending Guidelines for Trius Lending Partners

Below are the general loan guidelines published on the Trius Lending Partners 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 Trius Lending Partners.

Loan Example 1

Trius Lending Partners makes a fix-and-flip loan to Katharine for a renovation project in Philadelphia, PA, on a house that costs $210,000. The lender agrees to issue a loan with a 70% loan to value (LTV) so they will loan $147,000 on the project. The terms of the deal dictate a 9% note for 18 months. They also stipulate a 2 point origination fee, which will also have to be paid at closing.

By the parameters of the loan, Katharine will have to pay a $2,940 origination fee in addition to 30% of the purchase price, or $63,000, based on the 70% LTV. After the deal closes, she will need to pay the lender $1,103 in monthly interest fees, or 9% multiplied by $147,000 divided by 12 months in the year. If she sells the remodeled house for $283,500 at the end of the 18 month term, her gross profit (not accounting for remodeling expenses) would be $50,715. This is calculated by taking the sales price ($283,500) and subtracting the original principle ($147,000), the origination cost ($2,940), the money she brought to closing ($63,000), and the total interest payments ($19,845).

Loan Example 2

Jacob takes out a private money loan from Trius Lending Partners in order to rehab a house to re-sell in Philadelphia, PA. The loan has the following parameters:

$400,000 purchase price
55% loan-to-value (LTV)
12 month term
10% interest rate
1% origination fee

Jacob plans to list the project when the note expires for $600,000. If he achieves this goal, the final numbers will be as follows:

$600,000 sales price
- $220,000 principle on note (55% LTV)
- $180,000 cash paid at closing (45% on 55% LTV)
- $2,200 origination fee (1% of the $220,000 principle)
- $22,000 total interest paid (12 months x 10% interest)
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= $175,800 gross profit (does not include taxes or rehab costs)

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