Tom Harrier's Discussions
Soft Money, Light Docs Direct Lender for Multi-Family Porfolio
Started this discussion. Last reply by carlos villavicencio gallegos Aug 30, 2013. 1 Reply 0 Likes
• LTV up to 65%• Loan Term: 3, 4 or 5 Years• Amortized Over 30 Years• Interest Rates: 6.875% to 7.99% P&I• Pre-Payment Penalty 3 Years or 5 Years/Step Down or Yield Maintenance• Cross…Continue
Direct Hard Money Lender for Commercial Real Estate Loans
Started Aug 27, 2013 0 Replies 0 Likes
Private Money Program- Asset Based In-House Lending • LTV up to 70% (75% ltv case-by-case) • Loan Term: 1, 2, 3, 5, and 7 years• Interest Only or Amortized Over 30 or 40 Years • Interest Rates: 8.99%…Continue
Tags: loans, real, estate, commercial, Loans
Tom Harrier's Page
Profile Information
- Company name and description
- Creative Commercial Loans, Inc. Commercial loan broker, specializing in income-producing properties, land and hard money.
Tom Harrier's Blog
Bank Financing for Multi-family, very aggressive lender, great rates!
Posted on September 18, 2014 at 1:04pm 0 Comments 0 Likes
Overview: Borrowers will find a wide array of financing options for Multi-family. We deliver flexible financing programs in multifamily markets throughout the United States with at least 5 units.
- Loan amounts from $250,000 - $10,000,000
- Adjustable 3,5,7 and 10 year hybrid loan
- Maximum LTV 75% depending on the quality and program
- Minimum 680 credit score
- Minimum 1.25 DCR to $1 debt
- Territory Nationwide…
HARD MONEY LOANS, BAD Credit is NEVER an issue, because we don't check it! Loans from $20,000 - $200,000 FAST CLOSINGS
Posted on September 18, 2014 at 12:48pm 1 Comment 1 Like
The program highlights are:
- Investors only
- No credit, income or asset verifications
- Purchase and refinance loan amounts from $20,000 to $200,000
- 35% down payment on purchase price; 50% loan to value on refinance loans
- Properties must be single family residences (1-4 units); no manufactured homes, condos, log homes, vacant land or commercial properties
- Appraisal costs are the ONLY upfront fees and these costs will vary by state and…
MULTI-FAMILY FUNDING FOR APARTMENTS, STUDENT HOUSING, MOBILE HOME PARKS, MIXED USE
Posted on August 19, 2013 at 1:48pm 1 Comment 1 Like
Buyers will find a wide array of financing options for Multi-family. We deliver flexible financing programs in multifamily markets throughout the United States with at least 5 units.
- Loan amounts from $250,000 - $10,000,000
- Adjustable 3,5,7 and 10 year hybrid loan
- Maximum LTV 75% depending on the quality and program
- Minimum 680 credit score
- Minimum 1.25 DCR to $1 debt
- Territory Nationwide Metropolitan Statistical Areas with…
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