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Nationwide Private Money For Commercial Real Estate - We Close What Banks Can't Or Won't!
No Doc, Stated Commercial
Commercial Mortgage Financing For Self-Employed Borrowers - No Tax Returns!!!!
- No Doc Stated Income Commercial Real Estate Financing
- No Doc / Stated Income Private Money Lender
- NO TAX RETURNS! Loans $100,000 to $5,000,000
- Commercial Real Estate Mortgage Financing
- (We do not lend on any owner-occupied residential homes.)
30-Year Fixed Commercial
30-Year Fixed Rate - All Credit Scores - $100,000 - $3,000,000
- Self Employed Borrowers and Bank Turndowns Welcome
- No Doc Stated Income Loans - No Income Verification
- Commercial Real Estate Private Mortgage Lender
- A 30-Year Fixed Rate Commercial Mortgage = YES!!!!
CRE Low Fixed Rate Term
Conventional Lending
- Conventional Commercial Mortgage - Full Doc Underwrite
- Commercial Term Financing - Absolute Lowest Fixed Rates, PERIOD.
- Extremely Low Rates Starting in the high 5%'s - Low 6%'s *Updated Rate 9/1/22, Spread over Treasury
More About Red Star Mortgage - Commercial Real Estate Finance
Professional Affiliations
****UNDERWRITING UPDATE****
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.
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.