Commercial Mortgages.

Designed for the business owner that intends to occupy 25% or more of the property and can provide 2+ years of stabilized financial statements, this program is ideal! The Debt Service Ratio is calculated on a global basis, using the subject business and borrowers financial records. Additionally, lease income generated from tenants may be applied towards debt service in underwriting.

Commercial Business Loan Program Guidelines:

• Competitive LTV percentages
• 90% for multi-use commercial properties.
• 65% for special-use commercial properties.
• Commercial Loan values up to $8mm.
• 30-Year fixed rate available on most commercial loans.
• Debt Service Coverage Ratio (DSCR) as low as 1.20 to 1.
• Multiple prepayment options available.
• Borrower:
  One or more individuals, Corporation, Limited Liability Company, General or Limited Partnership, Joint Venture, Trust
• Non-Recourse Commercial Financing Property types: Apartment Complexes, Self Storage Facilities, Shopping Centers, Mobile Home Parks Loan Proceeds : Acquisition, Refinance, Cash-out NO PERSONAL GUARANTEES Size: Greater than $1 Million Fast Close: 45-60 Days Debt Service Coverage: 1.25% LTV: 65% - 75% Term: 25 - 30 Years

• Bridge Loans
• Niche Property's
• Special Use
• Automotive (gas stations, car washes)
• Hospitality (motels and hotels)
• Mixed Use
  
• Multifamily
• Office Buildings/Complexes
• Office Condos
  
• Retail (shopping centers  and strip malls)
• Rehabilitation Facilities
• Assisted Living Facilities
• Self-Storage
• Just to name a few