Commercial Real Estate Mortgages 250,000 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. 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.
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. Very attractive rates for credit scores of 650 and above.