Loan amount: $1 Million to $2 Billion
Maximum LTV: 70% based on 5 year stabilized value
Transaction Type: 100% A&D with Residential take out, Construction, Development, New Construction, Raw land development, Rehab projects. NO Refi's or Straight Purchases.
All Loans are Non Recourse, No Prepay penalty, No Income or Credit Verification.
Please contact me for an application if you are interested in having your project considered. You will also need a executive summary and 5 year proforma before loan will be approved.
VP of Operations / Eastern Division
North Star Finance
Commercial Real Estate Loans 250,000 to 5,000,000 for apartments, shopping centers, office buildings, hotels, motels and business owner occupied properties. Full Doc and No Tax returns needed loans…Continue