Sub Prime Commercial
Stated Income/Stated Assets, great long term
rates and easy qualify.
SUBMISSION
FORM
-
650 Min Fico
- Stated Income / Stated Assets
- Fixed terms from 1year - 30 years
- Loan Amounts From $100,000 - $2,000,000 (stated)
- Loan Amounts From $100,000 - $3,000,000 (lite doc)
- Maximum LTV 80%
- Rates From 8.875%
- Principal and Interest payments
- Par pricing
NO
FICO Bridge Loan (6-12 months)
Stated
Income/Stated Assets, Short
term,
No FICO Minimum, line of credit.
SUBMISSION
FORM
- Maximum LTV 65%
- NO FICO min
- SIVA or No doc option
- Rates as low as 9.90%
- Loan Amounts From $200,000 - $50,000,000
- Appraisals not always necessary
- Rates from 9.90%-14%, Interest Only
- 6 to 12 month short term with options to extend for additional
term(s)
- Construction Completions OK, needs to be 80% complete
- We use current value not future value
- Strong metropolitan areas only
- No Land Loans or Development deals
Type
of properties we finance
Multifamily, mixed-use, Hotel / Motel, office, retail, warehouse,
self storage, mobile park, automotive, light industrial.
For other specialty properties -
Call Your Account Executive (888) 343-4588
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