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100% home loans, no down mortgage loans,
zero down financing, no down payment, Down payment assistance, countrywide,100%, 90%
investment property, NOO, Online application, 100% owner occupied primary
residence mortgage loans, loanweb, ditech, pre-qualify, lending tree,
eloan, e-loan, quickenloans, quicken home loans, e-loan, 95-97% refinance, refi, real
estate, chase, ameriquest, lendingtree, jp morgan chase, h&r block, bank
loan, CA, AZ,CO, CT,HI,ID,IL, IA, KS, MA, MD, MN, MO, MS, NC, NE, NJ, NM, NV, NY,
OH, OK, OR, PA, RI, SC, TN, TX, UT, WA, VA, WI, FNMA, Fannie Mae, FreddieMac, FHA,
VA, FHA Secure
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COMMERCIAL LOAN PROGRAMS
including PRIVATE MONEY! Other commercial programs: Page_1 Page_2
We
can now offer the industry’s best commercial loan rates and programs for A and Alt-A
commercial property loans, Full Doc and Stated Income loans, for Owner-User and Investor
owned properties. Our new PRIVATE MONEY PROGRAM
to $25 mil + offers very competitive rates on 1-3 year loans for properties in transition,
rehabs, Borrowers with credit challenges, etc.
BANK CORRESPONDENT PROGRAM to 75%
LTV
Commercial Property Financing from
$500,000 to $8,000,000
Commercial BANK
financing is available to Business Owners and Real Estate Investors for the purchase or
refinance of Multi Family Properties and Multi Use Commercial Properties, as well as
Special Use Properties, including non-flagged
hotel, gas station and restaurant properties.
OWNER-USER PROGRAM - FULL DOC and
STATED loans to 90% LTV (one loan!)
Commercial Property Financing from
$500,000 to $5,000,000
High LTV Commercial real estate financing is available to
Business Owners for the purchase or refinance of multi purpose commercial properties, as
well as special purpose properties. Income
producing urban land, such as parking lots, ARE eligible.
INVESTOR OWNED - FULL DOC and STATED
loans to 80% LTV (90% CLTV)
Commercial Property Financing from
$500,000 to $5,000,000
Commercial Real Estate Financing is available for
multi-use Investor Owned income producing real estate with loan amounts.
PRIVATE MONEY / HARD EQUITY LOANS to
75% LTV
NATIONWIDE Commercial Property Financing
from $1,000,000 to $25,000,000+
Fast close on income producing commercial real estate that
doesn’t fit in the “box’ of traditional lenders.
Whether you are a commercial real
estate broker, accountant or attorney, we would like to partner with you.
===================================================
PRIVATE MONEY / HARD EQUITY LOANS for
INCOME PRODUCING COMMERCIAL REAL ESTATE
LOAN
AMOUNTS FROM $1,000,000 to $25,000,000+
We offer Hard Money Loans for income
producing commercial real estate. We specialize in the “story deal” and
understand the challenging nature of today’s commercial credit markets.
Commercial Private Money Loans, also known as Bridge Loans
or Hard Equity Loans, are available for most income producing commercial property types,
including those properties in transition, foreclosure and bankruptcy, and other special
situations where a reasonable exit strategy can be demonstrated.
We do not require up front fees prior to
issuing a Term Sheet.
LENDING GUIDELINES
Property types: Multi Use Properties: including
multi-family, office buildings, mixed use properties, light industrial properties,
shopping centers and warehouse properties. We will also accept Special Use Properties: such as flagged and
stabilized Hotel and Gas Station Properties, Auto Related properties and Marinas.
LOAN HIGHLIGHTS
Loan Amount:
$1,000,000 to $25,000,000 +
Use of Funds:
Purchase,
refi/cash out, foreclosure bailout, rehab loans
Interest Rate:
10% - 13%
Loan Terms:
1 – 3 years, Interest Only
Origination Fee:
3-5% taken at closing from the loan proceeds
Loan to value:
Up to 75% LTV on Multi-Use income producing properties
Up to 65% LTV on Special Use Properties
Minimum FICO: 600
Closing times:
as little as
7-10 days
Up Front Fees:
None. A deposit for 3rd party costs
will be required upon acceptance of Letter of Interest. Typical deposit: $10,000
The
following property types are NOT eligible for this program: Land, ground up
construction (rehab OK), large vacant facilities, business driven special use
properties, such as theme parks, golf courses, ski resorts, healthcare properties. ===================================================================================
BANK CORRESPONDENT PROGRAM to 75%
LTV
Commercial
Property Financing from $500,000 to $8,000,000
Available
NATIONWIDE except: AK, AZ, FL, HI, MI, MN, NV, NJ, SD, ND, WI
By special agreement, Commercial BANK financing is available to
Business Owners and Real Estate Investors for the purchase or refinance of Multi Family
Properties and Multi Use Commercial Properties such as office buildings, medical
buildings, light industrial, wholesale and retail, as well as Special Use Properties such
as auto dealers, auto repair, auto body and paint and others, including hotel, gas station and restaurant property.
LOAN
AMOUNTS:
$500,000 to $8,000,000
LOAN PURPOSES: Permanent
Financing for purchase or refinance (cash out OK)
PROPERTY
TYPES:
Multi Family: from 5 plus units
Multi Use: Office, medical, retail, wholesale,
light industrial and self storage properties, as well as self storage, etc.
Special Use: Auto & truck dealers, auto
repair and auto body shops, funeral homes, hotels/motel, restaurants, gas stations and
most other commercial property types.
LOAN TO
VALUE:
Multi Family / Multi Use: 75% LTV / 90% CLTV with
Seller or other 3rd party financing.
Special Use: 65% LTV / 85% CLTV with Seller financing.
NOTE: Secondary financing subject to Bank approval.
CREDIT SCORE:
minimum credit is 600
FICO
TERM
& AM:
25 year full amortizing loans (no calls or balloons
FIXED RATES:
Fixed rate loans available for 2, 5 or 10 years.
TERM
SHEET:
36-48 hours from receipt of complete
application package
*NOTE: Bank must approve total loan fees as part of their credit
review and approval process.
================================================================================
OWNER-USER - FULL DOC and STATED
loans to 90% LTV (one loan!)
Commercial Property Financing from
$500,000 to $5,000,000
Available nationwide except: AK, AZ, FL, HI, MI, MN, NV,
NJ, ND, SD, WI
High LTV Commercial real estate financing is available to
Business Owners for the purchase or refinance of multi purpose commercial properties such
as office, medical, industrial, wholesale and retail properties, as well as special
purpose properties such as flagged hotels, auto dealerships, auto repair and restaurant
properties.
LOAN
AMOUNTS:
FULL DOC: $500,000 to $5,000,000
STATED INCOME: $500,000 to $2,000,000
LOAN PURPOSES: Permanent
Financing for purchase or refinance (with or without cash out)
PROPERTY TYPES: Office,
medical, retail, wholesale, light industrial and Special Purpose Properties such as
restaurants, flagged hotels - motels, assisted living facilities, day care centers, auto
& truck dealers, auto repair and auto body shops, etc. Income producing land, such as parking lots, ARE
eligible. Sorry, gas stations and non-flagged properties are not eligible for this
program.
LTV
– FULL DOC:
Purchases:
to 90%* LTV
Cash Out Refi: to 75% LTV
LTV
– STATED:
Purchases: to 80%* LTV (See Owner User Rates Sheet)
Cash Out Refi: to 65% LTV
MIN CREDIT SCORE: FULL
DOC: 600 mid FICO, STATED INCOME: 660 FICO
TERM
& AM:
30 year fully amortizing loans, with no calls or balloons
FIXED
RATES:
Fixed rate loans available for 5, 7 or full 30
years
INTEREST
RATES:
Call today for a custom quote based on your transaction
TERM
SHEET:
72 hours from receipt of requested information
* NOTE: Specific transaction LTV is subject to
investor approval.
** NOTE: All compensation is subject to
investor approval, based on the financial strength of the transaction.
========================================================================================================
INVESTOR OWNED - FULL DOC and
STATED loans to 80% LTV (90% CLTV)
Commercial Property Financing from
$500,000 to $5,000,000
Available nationwide except: AK, AZ, FL, HI, MI, MN, NV,
NJ, ND, SD, WI
Commercial Real Estate Financing is available for Investor Owned
income producing real estate with loan amounts up to $5,000,000 and 90% CLTV. Call today
to discuss your investment property loan request.
LOAN
AMOUNTS:
FULL DOC: $500,000 to $5,000,000
STATED INCOME: $500,000 to $3,000,000
LOAN PURPOSES: Permanent
Financing for purchase or refinance with cash out (no limit).
PROPERTY
TYPES:
Office, medical, retail, wholesale, light industrial and multi-family properties.
Note: Investor Owned Special Use Properties are not eligible for financing.
LOAN TO VALUE:
to 80%* LTV on purchases.
to 70% LTV for cash out refinance
CREDIT
SCORE:
minimum credit is 640
FICO
TERM
& AM:
all loans are 30 year fully amortizing
FIXED
RATES:
Fixed
rate loans available for 5, 7 or 30 years
INTEREST
RATES:
Call today for a custom quote based on your transaction
PREPAY
POLICY:
Various options available
TERM
SHEET:
72 hours from receipt of requested information
* NOTE: 80% is the maximum allowable LTV under
program guidelines. Investor will consider exceptions to 90% CLTV, with Seller financing
on purchase.
** NOTE: All compensation is subject to
investor approval, based on the financial strength of the transaction.
================================================================================================
See
LINK for COPY of this COMMERCIAL Loan PreQual FORM (CLICK HERE...)
Commercial
Loan PreQual Form
Your INFO: Contact: ________________________ Email:_________________________________
Phone: ______________________________
Fax: __________________________________
____________________________________________________________________________________
BORROWER INFO:
Borrower
FICO: ____________
Co-Borrower
FICO:__________
Borrower:__________________________________Co-Borrower:_______________________________
____________________________________________________________________________________
PROPERTY INFO: Property name:
______________________________________________________
Property
Address:______________________________, __________________________ ____ _______
Street
City
ST ZIP
Property
Description/Type: ______________________________________________________________
#
Buildings: _______ Total Sq Ft: _______
#
Rentable Units: _______ # Occupied Units: _______
% Owner Occupied: _______%
If
Owner-User: Business Name:________________________________________Yrs in Business:_____
Nature / Description of Business:
_________________________________________________________
_________________________________________________________________________________________________________
PROPOSED LOAN INFO: Property cost or value: $_______________
PURCHASE
REFINANCE
Price:
$________________ Payoff
Amount:
$_______________
Down
Payment:
$________________ Cash out:
$_______________
Additional
Financing: $________________ Other:
$_______________
LOAN REQUEST:
$_______________
LOAN REQUEST:
$______________
LTV:
______%
LTV:
______%
_________________________________________________________________________________________________________
Comments
(including use of cash out proceeds if refi)
____________________________________________________________________________
____________________________________________________________________________________
________________________________________________________________________________________________________
Additional information required to complete
PreQual Review:
FULL STATED
____
X
X Current
Tri-merge Credit report
____
X
X Purchase
contract (if purchase)
____
X
X Explanation of
any derogatory credit issues, late pays or delinquencies
____
X
Last 2 yrs
personal and business tax returns
____
X
Year-to-date
P&L on Borrower’s business
____
X
X Last 12 months
Investment Property Operating Statement (purchase or refi)
____ X
X Completed Rent
Roll (if multiple tenants)
| |
100% home loans, no
down mortgage loans, zero down financing, no down payment, Down payment assistance,
countrywide,100%, 90% investment property, NOO, Online application, 100% owner
occupied primary residence mortgage loans, loanweb, ditech, pre-qualify,
lending tree, eloan, e-loan, quickenloans, quicken home loans, e-loan, 95-97% refinance,
refi, real estate, chase, ameriquest, lendingtree, jp morgan chase, h&r
block, bank loan, CA, AZ,CO, CT,HI,ID,IL, IA, KS, MA, MD, MN, MO, MS, NC, NE, NJ,
NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, WA, VA, WI, FNMA, Fannie Mae,
FreddieMac, FHA, VA, FHA Secure
|
Mortgage
Home Loan Investment Center 1