ATTENTION: Commercial Mortgage Brokers and Principals NEW FINANCING PROGRAM NATIONWIDE URBAN and RURAL AREAS Stated Income program
Commercial Real Estate Mortgages 200,000 to 5,000,000 for apartments, shopping centers, office buildings, light industrial, self storage, mobile home parks, mixed use properties and business owner occupied properties including restaurants. Loan to value ratios can be up to 80% for multi-family and retail and office buildings and light industrial complexes. Some property types are limited to 75% of the value of the property such as self storage and mobile home properties.
Brokers are encouraged to inquire. Special program for commercial mortgage brokers to help your business grow.
Credit Scores as low as 550 and stated income programs available. No tax returns required for stated income program.
Business Owner occupied properties can qualify even with 550 credit scores, so business owners can buy the properties they are renting or refinance now even with credit challenges
Cash out is acceptable even for foreign nationals and for business owners with low credit scores as long as the property can show ability to make mortgage payments.
Urban, Suburban and Rural areas are acceptable Nationwide in all states except North and South Dakota and Alaska. All other states are acceptable.
NEW Financing Platform that has light documentation program for borrowers that cant provide or don't have tax returns and perhaps have lower credit scores.
Brokers are invited and are encouraged to inquire so information on the entire program can be emailed to you. A wide variety of credit profiles can be considered down to 550 FICO Scores.
Business owner occupied properties and non owner occupied 1 to 4 family properties can be considered on a case by case basis. This also can include restaurants that own the buildings that they are in or are seeking to purchase the building. Rates and terms are attractive and even for lower credit scores the points are usually still between 1 and 1.5 point origination.
Please email loan request or inquiry to milford@commercialmortgagecap.com or telephone number is 541-632-3560 Website is www.commercialmortgagecap.com
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