MARCH 2023 – 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.
- 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.