Wayne Lederman

Background

About Wayne Lederman

Rodeo Lending is a Nationwide Direct Private Bridge Lender for real estate investors who either need money faster than the conventional loan process or who's project has been turned down by conventional banks but do have a loan scenario that makes good business sense. We provide short term (1 to 3 Years) interest only loans (with No Prepayment Penalties) that give the borrower/property the time needed to transition from a non-qualifying conventional loan into a more permanent financing situation.Typical Loan Scenarios:PURCHASE REFINANCE GROUND UP CONSTRUCTION CONSTRUCTION COMPLETIONREHABFIX & FLIPSCASH OUTPROPERTY CONVERSION/REPOSITIONBANK TURN DOWNSDISCOUNTED NOTE PAYOFFSTypical Loan Terms:Loan to Up to 3 years Rate: starting at 7.5%Points: starting at 2%Leverage: Up to 70% Loan to Value on most Income Producing Commercial Properties and Non Owner Occupied SFRs. 75% LTV on MultifamilyOn High End Fix and Flips up to 80% of the Purchase /100% of the Rehab and a 12-month Interest Reserve as long as that amount is 70% or less ARV.Why Use Us:Make Sense LendingCreative UnderwritingFlexible Lending PlatformFast Funding Decisions & ClosingsBroker FriendlyTo see our recently funded deals:https://rodeolending.com/funding/If you have a loan scenario to discuss or would like more information; please feel free to contact me at:Wayne LedermanLoan Originator/ Business developmentRodeo Lendingwayne@rodeolending.com 917 699 9640- Mobile