www.closeloantoday.com
NO FICO REQUIRED
NO TAX RETURN
COMMERCIAL
REAL ESTATE PROGRAM
PRODUCT HIGHLIGHTS
- Non-recourse
- Cash out-Purchase
- Flexible repayment options
- 3,5, & 10-year fixed – balloons at the end of the fixed term
- Amortization: interest only and 30-year amortization available
- Eligible properties: multifamily, office, warehouse, self-storage, mixed-use, school, industrial, light industrial, retail, parking lot, restaurant, and student housing
- Income: no personal or business tax returns required
- LTV: Max LTV of 75%
- Loan Amount: $3million to $100million++
- Recourse: Non-recourse
- Borrower: All loans are required to close in the name of a single purpose LLC
- Tax & Insurance Escrows: Tax and insurance escrows required on all loans
- Foreign Nationals: Borrower must have a checking account in a US-based bank prior to funding disbursement
- Blanket Commercial Loans: Yes
- Starting Rate: 8%
GENERAL PRODUCT FEATURES
- Lifetime floor rate is set at the start rate
- Full-term 10 available
Contact us TODAY: 877-GET-UR-LOAN (877-438-8756)
(Monday through Friday, 8am-8pm ET)
You need to be a member of Real Estate Finance to add comments!
Join Real Estate Finance