Bailout Loans

MERA provides private-capital solutions for qualified default and distressed situations, evaluating the underlying real estate and transaction structure.

Program terms

MERA provides private-capital solutions for qualified default and distressed situations, evaluating the underlying real estate and transaction structure.

First- and second-position defaults

MERA can evaluate qualified default situations involving first- and second-position loans, subject to the property, lien position, equity, payoff, and transaction structure.

Leverage
Up to 65% LTV
Scenarios
NOD / foreclosure and recent bankruptcy scenarios may be considered
Term
1–3 year term
Rate range
11.99%–12.99% rate range shown in current lending materials
Credit
No FICO required

All loans are subject to underwriting, property evaluation, borrower qualifications, applicable guidelines, and final approval. Advertised terms are not a guarantee of approval or specific loan terms.

How we evaluate it

We look at the complete transaction: the asset, value, equity, borrower, project, market, business plan, and exit strategy.

This allows us to consider opportunities that may require more flexibility than a conventional lender can provide. Qualified transactions may close as fast as 5 days, subject to complete documentation, underwriting, title, valuation, conditions, and transaction readiness.