Are these good Hard Money Terms or what?

[Lamont Marable]

I'm still new but I found these conditions when looking for a Lender in my area,  What do you think?

Rehab & Rent Loans – Available in MD & GAWe lend up to 90% of Acquisition, 100% of Rehab
Max 70% LTV
6-12 month loan term
12% interest only, paid monthly
5% origination fee, paid at closing
$150 per repair draw (if applicable)
$250 loan payoff fee to coordinate payoff with title attorney
No pre-payment penalty
No application fees, appraisal fees, underwriting fees

Should I move on it or is it something I should be concerned with?  Thanks.  #TeamTeam