Loan Amounts: |
$125,000 to $1,500,000 |
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Rates: |
Highly competitive with a wide array of rate plans, including; |
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Loan Terms: |
2, 3, 5 and 7 year hybrids with 15, 20 and 30 year amortization |
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Loan Value: |
Up to 90% |
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| Clear Loan to Value: |
Up to 95% |
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Eligible Properties: |
Tier I : Multi-Family and Mixed Use (primary purpose residential) |
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Tier II : Mixed-Use (primary purpose commercial) Office, Retail, WArehouse, B&B, Self Storage, Mobile Home Park, Light Industrial |
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Tier III : Industrial, Automotive, Funeral Home, Rooming House, Flagged Hospitality |
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Tier IV : Health Care, Day Care, RV Park, Unflagged Hospitality, Restaurant, Special Purpose |
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Territory: |
Available in most major markets |
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Fees: |
Varies with type property and age |
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Prepayment: |
Varies with Loan Program |
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Arms Caps: |
Varies with loan program |
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Arm Margin: |
Varies with loan program |
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Borrower Credit: |
A = 680+ |
A Minus = 640-679 |
B = 600-639 |
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Additional Info: |
Dry Closings : 48 hours to fund |
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Environmental Insurancee required on all properties
(must submit Environmental questionnaire with loan) |
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Tax and Insurance Escrow Required |
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Trust, LLC, Corp entity acceptable on all products with personal guarantee |
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Seller Second up to 20% of property value |
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Unlimited Cash Out on Refi's |
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Loans are assumable upon approval |
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Phase I: |
Not required on most properties |
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Our experts are ready at a moment's notice to provide you with the expertise and edge in all aspects of commercial real estate financing. |
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