COMMERCIAL LOAN PROGRAMS
Our sole purpose is to fund loans. More specifically, we exist to fill the gap where lending restraints have left many qualified applicants without access to funding. Our custom oriented underwriting approach allows us to not only focus on the numbers but on the entire applicant situation in order to provide an innovative financing structure that meets their needs. We work with clients and brokers alike to get the job done.
TYPES OF PROPERTIES
· Office Buildings
· Apartment Buildings
· Mixed-Use
· Medical/Dental Facilities
· Warehouses
· Restaurants
· Industrial
· Commercial Condos
· Condo Projects
· Retail Centers
· Gas Stations/Auto Centers
· Hotels/B&B/Motels
· Agricultural
· Manufacturing Facilities
· Auto Facilities
· Leisure & Gaming
· Land
· Owner Occupied Business
· Apartment Buildings
· Special Purpose
TYPES OF BORROWERS
· Owner or Non Owner Occupied
· Purchase Money
· Refinance
· Cash out
· Property Listed for Sale
· Foreclosure/Bankruptcy Bailouts
· Owned by Sole Proprietorship, LLC or Corporation
· Properties in Probate/Trust
LOAN TERMS - Private Money
· LTV up to 70% (75% case-by-case)
· Loan Term: 1, 2, 3, 5, and 7 years
· Interest Rates: 8.99% to 11.99%
· No Prepay Penalties
· Cross Collaterize for Maximum Loan Amounts
· Not FICO Driven
· DSCR: 0.5 minimum
· No tenant max LTV 55%
LOAN TERMS - Commercial Portfolio
· LTV up to 80%
· Loan Term: 3, 5, 7, 10, and 25 years
· Interest Rates: 4.32% to 6.625%
· 1-3 year Prepay Penalties
· Cross Collaterize for Maximum Loan Amounts
· Minimum FICO 640
· DSCR: 1.15
SIMPLE APPLICATION PROCESS and FAST ANSWERS
Talk to an Account Executive for a quick quote at (888) 314-6337
For all Commercial Loan Forms, click here