Apply for Financing

Obtain a loan from Sterling Private Capital $50,000 to $8,000,000

Take advantage of our loans with the most attractive rates on the market. Rates between 6.2% and 8.8%

















Simulation of a loan

Financial Assumptions (Clear & Credible)

  • Property price: $380,000

  • Down payment: 20% → $76,000

  • Loan amount: $304,000

  • Target loan term: 30 years

  • Sterling Private Capital cooperative rates: 6.2% – 8.8%

  • Core objective:
    👉 Stability first → cooperative refinancing → reduced long-term cost

🏦    SCENARIO 1 — Traditional Bank Mortgage (Market Reference)

Typical Bank Terms

  • Interest rate: 7.0% fixed

  • Loan term: 30 years

  • Loan amount: $304,000

Financial Outcome

  • Estimated monthly payment: ~$2,020

  • Total interest over 30 years: ~$423,000

  • Total cost of the loan: ~$727,000

⚠️ Limitations of the banking system:

  • No human flexibility once the loan is sold to servicers

  • High foreclosure risk during temporary hardship

  • Rate adjustments, penalties, or servicing practices beyond borrower control

SCENARIO 2 — Sterling Private Capital Cooperative Model

Phase 1 — Stabilization Period (First 24 Months)

Cooperative Entry Terms

  • Initial rate: 8.8%

  • Loan term: 30 years

  • Monthly payment: ~$2,390

After 24 Months

  • Total payments made: ~$57,360

  • Principal repaid: ~$7,900

  • Remaining loan balance: ~$296,100

📌 Purpose of Phase 1:

  • Secure housing

  • Restore financial stability

  • Rebuild borrower credibility

  • Eliminate foreclosure pressure

Phase 2 — Internal Cooperative Refinancing

Refinance Terms

  • Refinanced rate: 6.2%

  • Remaining term: 28 years

  • New monthly payment: ~$1,830

⬇️ Immediate monthly reduction: ~$560 per month

📉 TOTAL COST COMPARISON — Bank vs Cooperative

Traditional Bank (7.0% – 30 years)

  • Total interest paid: ~$423,000

🔹 Sterling Private Capital Cooperative Model

  • Interest during first 24 months: ~$49,000

  • Interest after refinancing: ~$330,000

  • Total interest paid: ~$379,000

✅ Estimated borrower benefit:

~$44,000 less interest paid

  • home security

  • foreclosure prevention

  • long-term affordability

Business Hours

Monday to Friday: 9:00 AM – 5:00 PM
Saturday: 10:00 AM – 3:00 PM
Sunday: Closed

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