RED STAR COMMERCIAL REAL ESTATE FUNDING
NO DOC, STATED INCOME COMMERCIAL R/E LOANS
Program Highlights for 2014
A PERFECT alternative to bank’s rigid lending guidelines and excellent fit for the self-employed borrower or
those with slightly less than optimal credit scores;
NO TAX RETURNS REQUIRED
NO PROOF OF INCOME
NO PERSONAL DEBT SERVICE COVERAGE REQUIREMENTS
Offering flexible, extremely fast and favorable fixed rate loans for almost all income producing commercial
real estate property types including:
Apartments, Mixed-Use, Office, Retail, Strip Centers, Warehouse, Self-Storage, Automotive Services and all
General Purpose Real Estate. 1-4 unit Investor, Non-Owner Occupied and SFR’s also considered.
Loan sizes: $100,000 – $2,500,000 Million Dollars
Loan Types: Purchase, Refinance, Un-limited and Un-restricted CASH OUT OK
Minimum Credit Required: 650 Fico Score
Loan Term: 30 Years Fully Amortizing, fixed for initial 5 years.
Amortization: 30 Years (No Balloon or Maturity)
Underwriting: Maximum LTV is 70% for Multi Family / 65% LTV General Purpose Real Estate.
Secondary Financing Allowed to 80 CLTV!
Closing: 4 weeks typical, fast close and easy, streamlined process with minimal documentation requirements.
Territory: Nationwide – All markets considered including secondary / tertiary locations. No rural markets.
Interest Rates: Competitive Fixed Rates determined deal by deal, varies by loan amount, credit, etc.
We do not lend on raw land, vacant properties, rehabs or construction projects.
For more information, contact us today at 610-578-0715 or email gpolao@gmail.com
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