COMMERCIAL MORTGAGES from $350K to $4Million

[Ronald Cerreta]

LTV: Up to 65%

 Minimum Fico: 675 Experian

 Maximum Bankruptcy Score: 450

 Minimum DSCR: 1.20 to 1.40

 Loan Amortization: up to 25 Years

 Interest Rate: As low as 5.50%

 Property Occupancy: Owner Occupied & Investment properties.

 

Loan purpose:

 Purchase

 Rate/Term Refinance

 Cash Out Refi (for improvements, business debt , inventory)

 

Global Cash Flow Underwriting only on Owner Occupied Properties.

Prepayment Penalty: Declining or Flat depending on PPP option.

 

 Nationwide Lending except Alabama, Florida, Indiana, Louisiana, Maine, Massachusetts, Michigan, Mississippi, New Jersey, Northern Ohio, and Oklahoma. 

 

PROPERTIES

 Multi-Use:

 Medical/Dental Office

 Office, Warehouse (commercial & Industrial)

 Light Manufacturing & Industrial

 Retail/ Mixed Retail with office

 Semi Generic:

 New Automobile Dealers

 Light Automotive Services, Tire & Brake Centers

 Schools and Day Cares

 Funeral Homes

 Special Use

 Bowling Centers

 Restaurants

 Oil Lube Centers & Self Storage

 

Ronald Cerreta dba

WESTHALL FINANCIAL SERVICES LLC

[e-mail]

[e-mail]

203 971 8440