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Entrepreneur - New Business
All Commercial Property Types considered
Posted by:
Shawn W
on 12/10/2009 12:40:47 PM
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Funding Available
:
Above $1mil
Category:
Real Estate / Construction
Website :
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Description:
$5,000,000 – NO LIMIT
LOCATIONS WORLDWIDE
PROPERTY
TYPES
All Commercial Property Types Considered
LOAN TYPES
Purchase
Refinance
Cash-out Refinance (for acquisition or construction of another property only)
Construction
MAX LTV 90% Purchase/Refinance/Cash-out Refinance
100% Construction (Loan-to-Cost)
LOAN TERMS 30 years fully amortized
AVAILABLE
PROGRAMS
30 Year Fixed
Adjustable
INTEREST RATE 2.50% to 5.50% over the 90 Day Libor
RECOURSE
Non-Recourse
PREPAY None
REPORTS Existing reports can be used in most cases (i.e. appraisal, phase 1, etc…)
DEPOSIT
REQUIREMENT
10% of the approved loan amount is required to be deposited in a 12 - 24 month
face value insured account with designated bank prior to funding
Close in as little as 90 days
Same Day Approvals
Low Rates!
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