Please see the table below for a detailed account of the Commercial loans we provide.
Loan Amount | $100,000 to $2,000,000 |
Loan Term/Amortization | 12 month interest only |
Maximum LTV | 50% LTV |
Subordinated Financing | Yes, 20% Down, 30% Seller’s Second Mortgage |
Minimum Fico Score | N/A |
Fixed Period | 1 Year |
Eligible Borrower | C-Corp, LLC, LP/LLP, S-Corp |
Tax and Insurance Escrows | Monthly deposits |
Guaranty | Yes |
Prepayment | None |
Transaction Type | Purchase, Refinance, Cash Out Refinance |
Property Types | 5+ Units on Multifamily, Mixed-Used, Commercial, Office, Retail, Social Club |