Specialty Loans Overview
Core Permanent Commercial (Rentals 1-4, non owner occupied)(Stated Income)
Need a bridge loan to purchase commercial real estate *(non owner occupied and owner occupied)
- Close in 2-4 weeks
- Up to 25 year fixed
- Interest only available 1-5 years
- 80% LTV
- Property income must debt service loan at 1.25
- Cross collateralization ok
- *Funding Amount: Up to $750,000
Special Use Real Estate Financing
Gas stations, Car Washes, Hotels, Churches, Small Strip Centers, Industrial & Commercial buildings, Bridge financing for acquisition, refinance, repositioning. Ground Up Construction and Mini-Perm take-outs.
- Bridge loan
- Stated income
- Borrower must inject 20% - 30% of loan amount
- *Funding Amount: $550,000-$500,000
Commercial Hard Money
Interested in purchasing commercial/industrial/ SFR (N.O.O) property and can't qualify for a conventional loan? This may be the loan for you.
- 50% LTV
- No seasoning
- No SSN#
- Stated income
- *Funding Amount: $50,000-$2 M
