High End Non Owner Occupied Single Family Residences
Multi Family
Office Buildings
Strip Centers
Mixed Use
Hotels & Motels(Flagged)
Industrial Warehouses
Self Storage
Skilled Living and Assisted Living
We are looking for the following types of loans:
Purchase Money & Refinance Transactions
Cash Out for Business Purposes
Discounted Note Payoffs
Rehab/Construction Completion/Property conversion
Terms range from:
$500,000 to $12 mil
1 to 2 years Interest only
9% to 12%
2 to 4 Lender points
Up to 65% Loan to value
Up to 80% Loan to Purchase maxed out at 65% LTV
*Rehab based on ARV
***NO Pre Pay
** better the deal/The better the pricing
***In California rates start at 7.99%
We look for the following 3 things in every Loan:
1) 65% LTV or up to 80% Loan to Purchase (maxed out at 65% LTV)
2) Borrower/Property with the ability to Service our interest only debt
3) Clear Exit Strategy from our loan
Our Process for Loan Submissions is as follows:
If you have a funding request to make; PLEASE MESSAGE ADMIN (THE BLUE SHIELD) with the following 8 questions answered. Based on your answers; we will give you our level of interest and what documents are needed to arrive at a funding decision.
1) Size of loan?
2) Type & Address of property?
3) Current As-Is Value of property and how is that Value being arrived at?
4) Detailed Breakdown of the Use of proceeds?
5) Length of loan?
6) Exit strategy?
7) Borrower’s Pricing Expectation (rate & point wise)?
8) Besides you...are there any other brokers attached?
Please message ADMIN (THE BLUE SHIELD ON THE REAL ESTATE FINANCE WEBSITE) with complete answers to the 8 questions listed above. You can also email me at commercialloanpros@aol.com.
Your funding can happen now!
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