Professional Affiliations
****UNDERWRITING UPDATE****
DECEMBER 2022 - Lending Parameters - 30-YR FIXED Rate Commercial
We continue to provide aggressive financing for investment/commercial real estate 80% LTV on 1-4 unit purchases, Commercial Investor and owner occupied transactions!
We are financing deals that make sense. Call or Email with any financing scenarios.
Capital Deployment:
· Purchase, Refinance & Unlimited Cash Out on stated program
· Commercial Real Estate - Loans $250,000 - $5,000,000 *Nationwide higher or lower case-by-case
· Private Money Permanent Loans or Bridge Option
· Stated Underwriting, Approvals based on property cash flow, LTV and sponsor credit.
· 30 Year Fixed Rate and Term, 30 Year Amortization
· Deal must make sense and be able to support mortgage. Maturing bank loans or turn downs welcome.
· LTV’s not to exceed 80% (for 1-4 unit's, 75-80% for Commercial) credit score minimums/DSC may apply.
Property Types for Funding: - All General Purpose, Income Producing Property
· Grocery / Convenience, Liquor Stores - Most Small Commercial Properties OK
· Retail / Strip Malls - Occupancy Levels above 75% needed
· Office Buildings with stabilized occupancy
· Apartment Buildings and Mixed-Use Commercial/Residential
· Mobile Home Parks (preferably no park owned homes)
· Medical Office & Condo's
· Food Wholesale / Distributors / Light Industrial
· Laundromat, Pharmacies, Veterinary Clinics, Pet Food Stores
· Warehousing / Cold Storage / Self Storage Facilities
· Bars and Taverns, Night Clubs - YES!
· Restaurants & Daycare (Adult & Kids) - YES!
· Sports and Entertainment or Wedding Venues
· Hotel / Motel / Bed & Breakfast / SRO's - YES!
This email is for discussion purposes only and intended for mortgage professionals.
