bank alternative loan program
Purchase, Refinance or Cash-Out
Lending Area - Nationwide
Property Types: multifamily, mixed use, commercial condo, student housing, office, retail, self-storage, warehouse, mobile home / RV Parks, industrial, automotive, gas stations, medical offices, cannabis related properties, restaurants (including quick-serve, parking lots, garages and other special use properties case-by-case, 80% + leased (lower LTV's for vacant and low occupancy)
.jpeg)
Loan Amount: $500,000 - $15 million +
Rate: 4.25% - 6.25% (Varies with property type, LTV, Location, Credit Score and Underwriting
LTV (Refinance): Up to 75% of Appraised Value
LTV (Purchase): 80%
Amortization: 30 years
Term: 5,7 or 10 years
Origination: Varies
Prepayment: Flexible
Funding: 3 - 6 weeks
Fees: NO UPFRONT FEES
Credit: 620+