The W.R.A.P
W.R.A.P. stands for Warehouse Revolving Asset Pool. From horizontal land development to vertical construction, borrowers can reuse capital over a 24 month period without any additional origination fees.
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Loan Details
Loan Details
24 months with an option to renew at 12 months
Loan Size: $5MM - $40MM
Loan To Value: Up to 65%
Loan To Cost: Up to 85%
Liquidity: 10% of total commitment
LOAN GUIDELINES
Total Originations
$9+ Billion
