Mountain Funding, one of the original hard money lenders, offers a broad array of financing alternatives, including hard money real estate loans, bridge loans, real estate equity joint ventures, DIP loans, participating debt, and quick close mezzanine loans. The company’s ability to combine two or more of its programs on a single transaction results in simplified one-stop financing. Mountain Funding’s capital structures range from 6 to 60 months in duration. Interest or preferred return will be determined based on the level of risk, and an exit fee and/or profit participation may be required. Non-recourse programs are available. Equity and mezzanine investments range from $3 to $30 million; hard money, bridge loans, and high leverage first mortgages range from $10 to $100 million.

In addition to our lending and equity programs, we also purchase for our own account distressed debt and property related to any of the following: improved lot inventory; residential development loans; land development loans; spec housing inventory; fully entitled land loans; homebuilder or land banker portfolios; non-performing loan portfolios; non-performing commercial projects; fractured condos; and part or all of mid-sized regional home building companies. Long term hold anticipated.

Mountain Funding offers hard money loans for deals with "hair" and LTV's ranging from 50%-60% based on as-is cash sale value. Examples include: hard money development loans, very quick closings, distressed debt or partnership buyouts, bankruptcy loans, borrower background issues, etc.

For stalled projects where funding has dried up, Mountain Funding can lend additional capital for everyone’s benefit. Specifically, Mountain’s Project Rescue & DIP Loans will fund priming DIP loans and bankruptcy plans; finish construction or entitlement; continue interest payments; cover operating expenses including taxes, payroll, utilities, insurance, HOA dues and marketing; avoid premature discounted sales and write-offs; and provide time to effectuate a repositioning plan or to simply wait for recovery. These loans are perfect for workouts, restructures and bankruptcy plans; a priming senior lien is required.

Mountain Funding will fund short-term capital requirements needed to bridge a gap, but only with reasonably assured exit strategies. Examples include: completed condominium inventory loans, tenant improvement loans, and pre-sold residential or commercial lots.

For land development or repositioning projects Mountain Funding offers a participating debt program whereby the company will lend into the ‘90s on the capital stack for a profit participation or percentage of sales.

Mountain Funding invests joint venture equity, with qualified residential developers and commercial property owners in transactions where there is a significant opportunity for value and/or cash flow enhancement. After return of equity and minimum preferred return thereon, additional profits will be distributed in accordance with an agreed waterfall structure and developer "promote." Alternatively, where the owner prefers to limit Mountain’s participation in the upside, a preferred equity structure can be used whereby Mountain receives a higher preferred return in exchange for a limited profit participation.