Commercial Loan - Up to $1.5 million
FINANCING AVAILABLE:
> 580+ credit scores for primary borrower or primary guarantor. >
Owner occupied or investor properties are acceptable. > 6-month adjustable; 2, 3 and 7-year fixed, then adjustable;
declining fixed > Rate and interest only programs are available. > Approvals in 48 to 72 hours and closings
within 30 to 45 days.
Type of properties that I can finance up to 90% LTV are:
Multifamily, Mixed-use, Bed
& Breakfast, Light Industrial, Mobile Home Park, Office, Retail, Self Storage, Warehouse, Automotive, Flagged Hospitality,
Funeral Home, Industrial, Rooming House, Day Care, Health Care, Restaurants, RV Park Unflagged Hospitality, Marina, Land,
Apartment Buildings, Office Buildings and Shopping Centers.
What is a commercial mortgage?
A commercial mortgage is a loan made on real estate that is used for commercial
purposes— anything from a five-unit residential complex, to a small corner market, to a building full of retail offices.
The commercial mortgage arena represents an enormous growth opportunity for residential brokers looking to expand their client
base and product offerings.
Commercial Loan:
- Commercial loans and lines of credit
- Interim construction lending
- Owner-occupied and non-owner-occupied commercial mortgages
- Construct a new facility
- Purchase a new facility
- Acquire and rehabilitate an existing facility
- Expand on your existing site
- Purchase new equipment
- Use for a combination of these purposes
Loan Submission Requirements
and to submit a loan quote request, please
provide as much of the following information as possible:
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Summary of loan request - amount, purpose, etc.
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Property operating statements - prior two years' statements (as
applicable), plus year-to-date
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Rent roll
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Property photographs
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Borrower financial information and brief biography - net worth,
liquidity, real estate expertise
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Any known issues regarding the borrower or the property:
(1) |
Borrower - previous bankruptcy, foreclosures, etc. |
(2) |
Property - environmental condition, physical condition, tenancy issues, etc. |
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Market/sub-market information - current rents and vacancy rate
|