commercial loans
Low Rate Commercial Loans (2 to 100 Units)
Office, Retail, Light Industrial, Warehouse and Self-Storage
Nationwide (except ND, NV, SD AND VT)
Loan Amount: $500,000 - $500+ million
Income: No tax returns, income verification or upfront / junk fees
Rate: 5.95% fixed
Term: 30 years, 5/1 ARM or 7/1 ARM
Amortization: 30 years or interest only
Money Uses: Purchase, Refinance, or Refinance Cash Out up to 85% LTV
Credit: 650 +
DSCR: 1.25
Prepayment: 5, 4, 3, 2, 1, No prepayment available
Origination: Varies
Seller Carry 2nd: OK
Experience: No experience required
Foreign Nationals: OK
Underwriting: Streamlined Underwriting
Funding: 3 - 6 weeks