2 Commercial Loan Programs.
1 we ARE the direct lender, the other we are direct TO lender and we get 1 point on top of lender origination.
Direct lender:
Bridge loans 12/3 . Max loan $1MM. 12 month term. 3 month PPP. 70% max LTV
NO PROPERTY TYPE RESTRICTIONS.
COMMON SENSE LOANS.. IF WE THINK YOU CAN PAYOFF, WE DO THE DEAL.
No California, Dakotas, Hawaii, Alaska, Louisiana , Nevada .
Land it would need to be pretty incredible with a clear exit plan.
Direct TO Lender:
$3mm - $50mm
No Dakotas, Hawaii, Alaska, Louisiana , Nevada
10% to 13% I/O
Origination Points 3 lender, 1 broker
6 mo PPP
12-24 month term
70% max LTV
No property type restrictions
info@michaellewisgroup.com
440-637-5646