Posted on January 31, 2014 at 10:31am 0 Comments 0 Likes
Ascendant Financial Group is pleased to offer a very attractive funding program for the purchase, refinance, construction, and substantial rehabilitation of Multi Unit Properties, Asisted Living Facilities, and Nursing Homes.
Here are the details of the program:
*Non-recourse funding
*Loan amounts $2 Million minimum with no limit
*35 year fixed rate - No adjustments or balloon payments
*Interest rate - 5.25%
*Loan to value - 83%
*Minimum DSCR…
ContinuePosted on January 18, 2014 at 12:17pm 0 Comments 0 Likes
Ascendant Financial Group offers a blanket funding for the purchase and refinance of residential real estate portfolios.
*5+ properties minimum
*Loan Amounts - $1,000,000 - $100,000,000
*Loan to Value - 70% - 75%
*Loan Terms - Rates 6.5% - 7%; 5 & 10 year fixed rates' Amortization 25-30 years
*Debt Service Required - 1.20%
*Asset Types - Portfolios of 1- 4 family rental properties and condos
*Security Type - Cross collateralized and cross…
ContinuePosted on November 19, 2013 at 9:25am 1 Comment 0 Likes
100% funding available for Project Funding, Commercial Real Estate Acquisition and Refinance.
Loan Amounts $6 million to $50 million
All types of projects and real estate will be considered
Funder generates a line of credit for the amount requested. Part of LOC funds are put into a trade program to generate the funds to repay the line of credit within one year. The funding is non-recourse and the client has no payments and no payback on the LOC.
Deposit required…
ContinuePosted on September 14, 2013 at 2:21pm 0 Comments 0 Likes
*Stated Income - No Personal Tax Returns Required
*Loan Amounts - $50,000 - $500,000
*Credit Scores as low as 600
*Loan to Value - 70%
*Purchase or Refinance
*1.25% DSCR
*Fast Approvals and Closing in 30 days or less
Available for:
*Multi Family
*MixedUse
*Retail
*Office and Much More
Contact me if you would like to purchase or refinance a commercial property and have been unable to qualify…
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