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Commercial Real Estate Programs for All

Overview

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Ad number:#350637099
Contact:Al Williams III
City:Long Beach
Zip:90802
Price:N/A

Description

**Ask us about our Business Financing Programs***

 

Have you or someone you know been thinking about purchasing commercial

property as an investment or refinancing an existing commercial

building, but didn't think you/they would qualify for a loan? Perhaps

you have a client struggling to get a loan due to the lack of income

they're able to show on their tax returns or they have less than

perfect credit? We can help.

 

 

 

Details

 

- Loan Amounts: $200k -$5M for Owner-Occupied Commercial Real Estate |

$200k- $2M for Investment Commercial Real Estate.

 

- Location: Nationwide (except for AK, ND & SD).

 

- Recourse: Full.

 

- Loan Purpose: Purchase, Re-finance, or Cash-out.

 

- Prepayment Penalty: Owner-Occupied CRE - 5 year (5, 4, 3, 2, 1) |

Investment Real Estate - 3 year (3, 2, 1).

 

- Terms: Amortization up to 30 years (5, 7, or 10-year hybrid).

 

- Program A:  Rates range between 6.00 - 7.00% for clients with 680

FICO & up. Tax returns & bank statements will be required for this

program.

 

- Program B:  Rates between 6.50 - 9.00% for clients with 650 FICO &

up. No tax returns required, but 3 months bank states & current rent

roll will be required.

 

- Program C:  Rates between 7.50 - 10.00% for clients with 550 FICO &

up. No tax returns or bank statements required.

 

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