Wallace Capital, LLC is a Boston, Massachusetts Real estate Development Loans expert. They specialize in lending on income producing properties, including properties and land under development and non-owner occupied residential properties. They provide loans in the New Hampshire, Massachusetts and Connecticut areas, offering loans from $100K to $20 million. Loans terms are generally three to 18 months, interest only amortization, 12% to 18% interest rates, 75% LTV, 4% to 10% origination fees, no prepayment penalties, require third party appraisal and first or second mortgage position.