Gallic and Johnson Financial Information

WE FINANCE ALMOST ANY TYPE OF REAL PROPERTY We deliver fast, private-money financing for an array of unusual or difficult real estate situations, including industrial and commercial buildings, ranch land, forestland, apartment buildings, single-family homes and much more. NEW CONSTRUCTION Typically, we will look at financing new construction within a 100-mile radius of Eugene, Ore. Loan to value varies, with 65 percent of completed value being a typical requirement. Construction funds are held by our servicing company, Accu-Pay Servicing, and disbursed to you with draw requests on a monthly or bi-monthly basis. We require a line-item budget, course of construction insurance and CCB licensing. REHAB/FLIP We will loan up to 70 percent of the purchase price on a flip project, sometimes more if we can see a solid upside and equity in the project. We can lend money for fix-up costs in some cases, as well. Loan terms range from one to two years. We do not require appraisals and can typically close in five to seven business days. Call us to talk about rates and fees, or use this form to send us an overview of your project and get a quick response today! If you’re trying to assess a flip project, our online calculator can help you see how it might pencil out. SINGLE FAMILY HOMES We loan on non-owner-occupied investment properties all over Oregon. We will loan up to 70 percent of the purchase price or value and sometimes more, depending on several underwriting factors. Owner-occupied loans are made case by case, and you must vest the property in an entity such as an LLC, partnership or corporation. We do not require appraisals and have many payment and loan term options. Condominiums, tandem homes and townhouses are all acceptable types of collateral. Please call or e-mail us to discuss your lending needs.