Effective Date: 01/16/2025
Welcome to AcadiaLoans.com. By accessing or using our website, you agree to comply with and be bound by the following Terms of Service. Please read them carefully.
1. Introduction
Acadia Capital, operating as AcadiaLoans.com, provides hard money lending services to real estate investors. These Terms govern your use of our website and services.
2. Services Provided
We offer short-term, asset-based loans secured by real estate. Our services include:
- Loan origination and processing
- Underwriting and approval
- Fund disbursement
- Loan servicing
3. Eligibility
To apply for a loan, you must:
- Be at least 18 years old
- Provide accurate and complete information
- Have a valid U.S. bank account
4. Loan Terms
Loan terms vary based on the project and borrower qualifications. Typical terms include:
- Loan amounts: $50,000 to $1,000,000
- Interest rates: 11%-12.5%
- Loan-to-Value (LTV): Starting at 70%
- Loan durations: 9 Months
5. Application Process
To apply:
- Submit an online application
- Provide necessary documentation
- Await underwriting decision
6. Fees and Charges
Fees may include:
- Origination fees
- Processing fees
- Legal Fees
- Servicing Fees
- Draw Fees
- Late payment fees
- NSF Fees
All fees will be disclosed during the application process.
7. Repayment
Repayment terms are specified in your loan agreement. Ensure timely payments to avoid penalties.
8. Privacy Policy
We collect and use your information as described in our Privacy Policy. By using our services, you consent to our data practices.
9. Limitation of Liability
We are not liable for indirect, incidental, or consequential damages arising from your use of our services.
10. Governing Law
These Terms are governed by the laws of the State of Tennessee.
11. Changes to Terms
We may update these Terms. Changes will be posted on this page with an updated effective date.
12. Contact Information
For questions, contact us at:
- Email: info@acadialoans.com
- Phone: 865-433-8007
- Address: 4408 Middlebrook Pike Ste #100 Knoxville, TN 37921
By using our website, you acknowledge that you have read, understood, and agree to these Terms of Service.