Complex Commercial Loans - No Tax Returns, No FICO!

www.closeloantoday.com 

NO FICO REQUIRED

NO TAX RETURN

  COMMERCIAL

   REAL ESTATE PROGRAM

 

 

PRODUCT HIGHLIGHTS

  • Non-recourse
  • Cash out-Purchase
  • Flexible repayment options
  • 3,5, & 10-year fixed – balloons at the end of the fixed term
  • Amortization: interest only and 30-year amortization available
  • Eligible properties: multifamily, office, warehouse, self-storage, mixed-use, school, industrial, light industrial, retail, parking lot, restaurant, and student housing
  • Income: no personal or business tax returns required
  • LTV: Max LTV of 75%
  • Loan Amount: $3million to $100million++
  • Recourse: Non-recourse
  • Borrower: All loans are required to close in the name of a single purpose LLC
  • Tax & Insurance Escrows: Tax and insurance escrows required on all loans
  • Foreign Nationals: Borrower must have a checking account in a US-based bank prior to funding disbursement
  • Blanket Commercial Loans: Yes
  • Starting Rate: 8%

 

GENERAL PRODUCT FEATURES

  • Lifetime floor rate is set at the start rate
  • Full-term 10 available

 

Contact us TODAY: 877-GET-UR-LOAN (877-438-8756)

(Monday through Friday, 8am-8pm ET)

 

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