RGC Capital Loan Program Overview
Explore the lending program offered by RGC Capital for loan officers and borrowers, facilitating loans from $100,000 to $6 million with credit scores of 600+, diverse loan purposes, and various borrower types. Benefit from competitive rates, flexible terms, and value-added benefits like no seasoning requirements and no loan committees.
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6730 Florence Avenue Suite 101 Bell Gardens, CA 90201 Office 877.238.3837 | Fax 562.330.5497 info@rgc.capital | rgccap.com
Agenda 1 2 3 The Relationship RGC Advantages & Benefits Program Overview 2
1 The Relationship 3
The Relationship Correspondent Private Label RGC Capital appears on application and pre-approval promote and leverage your brand Borrower interacts directly with RGC Capital Silver Hill processes, underwrites, closes and funds Silver Hill activities are masked RGC Capital is the lender of record Docs (including closing and HUD-1 settlement statement) show RGC Capital as lender Yield Spread Premium Paid outside closing Not shown on HUD-1 settlement statement 4
Opportunities & Options Diversify Revenue Stream Offer complete service to your customers Select the right program for the right loan Program Specific Better rates and terms Aggressive interest rate options Personalized assistance with documentation/process Closing Ratios Approximately 75%-80% of accepted Pre-Approvals close with Silver Hill Closing ratio is 2 to 3 times as high for the Silver Hill Program 5
2 Program Overview 6 6
Earn more money with Silver Hill We offer the ability to earn up to 4 points of revenue plus fees on each and every deal Up-front Points (maximum of 2) or 3 with a broker involved Yield Spread Premium (maximum of 2) 1pt included at Par Additional fees permitted Silver Hill charges only a $3500 lender fee plus 3rdparty costs 7
Program Overview We ve created a lending program that is simpler and more efficient for loan officers and borrowers Size: $100,000 to $6 million Credit: 600+ Loan Purpose: Rate/term refinance Cash out refinance Purchase Occupancy: Owner occupied Investment Borrowers: Individuals, Corporations, Trusts, LLCs & LPs LTVs: Up to 75% Loan Types: Interest Only Fast 50 Fix &Flip Full-term fixed rate Terms: 15, 20 and 30 years Value added benefits: No seasoning requirements No loan committees 8
Program Overview (continued) Eligible Property Types: Multifamily Mixed-use Office Retail Self Storage Light Industrial Warehouse Mobile Home Park Bed & Breakfast 9
Program Overview (continued) Ineligible Property Types: Heavy Industrial Gas Station Automotive Services Funeral Home Rooming House Single Room Occupancy (SRO) Marinas Un-flagged Hospitality Special Purpose Day Care Center Health Care Campground Education Restaurant or Bar Church Car Wash Flagged Hospitality 10
Borrower Profile Our program is ideal for borrowers who meet the following criteria: 600+ credit score Investment or owner-occupied property Unverifiable income High debt relative to income Minimum liquidity requirements One day out of Bankruptcy 11
3 RGC Advantages & Benefits 12 12
Account Executives Advantages & Benefits Fast pre-approvals (48 to 72 hours) Residential lending style Process is familiar Approach allows for properties that wouldn t pass traditional underwriting LTVs up to 75% Lower appraisal costs Loan documentation prepared in house Flexible term and rate options including fully amortized 15 to 30 years Rapid closings (30 to 45 days) 100% assumable to qualified borrowers upon resale at no additional cost Additionally, borrowers can enjoy hassle-free lending: No Phase I Environmental Review No new surveys required No on-going reporting No balloon payments No re-qualifying costs 13
RGC Competitive Advantages Residential-style underwriting Parallel Processing Multiple underwriting functions occur simultaneously No loan committees Result: 30-45 day closings Our people Small-balance commercial lending is all we do 14
Account Executive Advantages & Benefits Logically extend your product offerings Cross-sell to your residential clients Diversify your revenue stream Solidify borrower relationships Increase market penetration Earn up to 4 points plus fees on every deal 15
