What We Do
Real Estate Expertise Across Every Dimension
Current leadership has 50 plus years of real estate lending expertise
Lornty Investment Company is a private real estate lending firm whose principals have more than 50 years of combined experience in real estate finance. As a direct lender, Lornty provides capital for bridge and transitional financing, acquisition, rehabilitation, construction, and land development projects. We have funded a wide range of property types, including commercial, multifamily, single-family residential, and land throughout the Pacific Northwest.
Lending Terms
Pricing and General Term Sheet
| Lending Area | Pacific Northwest |
| Property Type | Single Family Residence (Non Owner Occupied), Commercial, Multi-Family, Rehab, Construction, Land |
| Loan Type | Investment or Business purpose loans. No Owner-Occupied or Consumer loans |
| Loan Amounts | $50,000 to $1,000,000 |
| Loan to Value | Flexible, up to 65% of Lender's assessed value. Cross-collateral may be used to support LTV requirements. With cash down purchases the LTV can be increased. |
| Loan to Cost | Typically up to 75% — will accept cross-collateral to support TLV/LTC requirements |
| Security | First lien position on the deed of trust. In some cases second lien position on deed of trust is considered. |
| Borrower Type | Individual, Trust, LLC, Corporation, Estate, Partnership |
| Rates | 7.9% to 13.9% |
| Loan Fees | 2 to 5 points |
| Prepayment | None, in most cases |
| Loan Term(s) | Typically 6 to 36 months, extension options available |
| Closing Time | As quickly as 10 business days |