Monty Yeager's Blog – November 2022 Archive (2)

Small Balance Commercial - Direct Lender - No Tax Returns Needed!

Breakdown of our LITE-DOC Small Balance Commercial Program for loan amounts $100K up to $2,000,000:

Loan Purpose: Purchase/Refinance/Cash-Out

Property Types: Multifamily, Mixed-Use, Retail, Warehouse, Self Storage, Officer, Light Industrial, Mobile Home Parks, Restaurants, Day Care, Automotive

Terms: 5 year ARM, 30 year Fixed

Documentation: No Tax Returns needed

Max LTV: 75%, Max LTV for Cash Out Refinance: 70%

Minimum FICO Score: 650

Minimum…

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Added by Monty Yeager on November 17, 2022 at 2:23pm — No Comments

THIS COULD BE THE BEST FIX & FLIP PROGRAM IN AMERICA - DIRECT LENDER!

As owner of The Real Estate Finance Website, I see Lenders and Mortgage Brokers advertise a whole lot of Fix & Flip programs. When I chose a new Direct Lender to work with, having a strong Fix & Flip program was one of the 5 requirements I had in order to work with any new company. There are two things Senior Commercial Capital does…

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Added by Monty Yeager on November 9, 2022 at 7:58pm — No Comments