Conventional loan requirements getting in the way?
BofI Federal Bank is offering income property lending solutions that traditional lenders cannot.
We are a NON-PRIME commercial bank financing multi-families and SBCs for credit-impaired borrowers and/or stabilized properties that were turned down by traditional lenders (Fannie/Freddie, local banks) for any reason.
Rates are in the range of 4.5-6.5%. No points
Loan brokers are paid REBATES UP TO 2 ysp
RE Brokers are paid referral fees of 0.5% for referring direct clients
Permanent financing only. No single-tenant properties
Nationwide lending
Please email scenarios to Natalie at ndumont@bofi.com or call me at 617-833-1565