Resources
Resources
Resources
COMMERCIAL Mortgages in 49 States
Posted by: Mark Yuen on 3/15/2017 11:39:47 AM
Funding Available:
$500k - $1mil
Category:
Accounting & Financial Services
Location :
USA
Viewed : 201 times
Favorited : 0 times
Share
Description:
COMMERCIAL Mortgages in 49 States
Know us by the NUMBERS:
- 49 States for Owner Occupied Loans
- 40 States for N.O.O. Mortgages
- $400,000 to $13,000,000 Loan Amounts (Multi-Use)
- $400,000 to $8,000,000 for Special-Use Properties
- $500,000 to $5,000,000 for “Sister Bank” Loans
- 15 to 30 Day Closings Possible
- Owner Occupied Deals at 50% to 90% LTV
- Most N.O.O.'s at 50% to 65% LTV
- Foreign Investors from 30% to 40% LTV
- 4.75% (and up) Floating Rates
- 5.50% (and up) Fixed Rates
- 675 Minimum FICO (Experian only)
- Limited Commercial Construction Loans Available
Main Bank Property Types:
- Offices and Office Condos
- Light Industrial, Assembly Warehouse
- Multi-Unit Retail Strip/Shopping Centers
- S.F.R. Converted to Commercial Use
- Heavy Industrial/Manufacturing Facility
- Retail/Office with Residential Above.
- Self-Storage Units
- Auto Services
- Bowling Alley
- Schools
- Car Dealers
- Restaurants
?- Metal Buildings
- Funeral Homes
- Day Care Centers
- Laundry Mat
- Bowling Alley
- Spas/Salons
- Animal Clinics
Sister Bank Properties:
- Hotels and Motels
- Branded Gas Stations / C-Stores
- R.V. Parks
- Assisted Living Facilities / Complex
Respond
You must be a member to respond to this post. If you are a member , please login to respond.