NO DOC SMALL BALANCE COMMERCIAL
MIXED USE &
JUMBO RESIDENTIAL & COMMERCIAL INVESTOR LOANS
For Most Commercial Property Types!
Funding For Single Family, Multi-family 5+ Units & Commercial!
Different Solutions For Different Investors
Every real estate investor has a unique vision and financial objective and a unique set of circumstances that represent their current position on the road to achieving their personal goals. Our wide range of alternative, asset based funding programs allow us to service all investors within the full spectrum of individual scenarios.
Jumbo Investor Loan Program
* Loan Amounts From $2,000,000.00 – $20,000,000.00!
* Luxury Single Family Residential (Non Owner Occupied Only)!
* Multifamily, Commercial, Mixed Use, Auto Service, Office, Retail, Lite Industrial, Self Storage, Assisted Living, Mobile Home Park!
* Purchase and Refinance Cash Out!
* Interest Rates From 5.99% (based on qualification and LTV)!
* Up To 80% LTV!
* Renovation Projects Welcome!
* 24 Month Term and 30 Year Term!
* No Prepayment Penalty!
NO DOC Small Balance Commercial Property Funding Guidelines
NO DOC Financing Terms Available!
Closings in about two (2) weeks!
No full traditional appraisal required. Site inspection and Broker Price Opinion (BPO) to determine value!
Loan Amounts From $400,000.00 – $10,000,000.00!
Up To 80% LTV Funding!
30 Year Terms & Short Term Bridge Loans!
No Income Docs – No Employment Verification!
Lite renovation projects can also be funded!
Most Property Types Covered:
Luxury Residential Investment, Manufacturing, Medical Office, Mobile Home Parks, Multifamily 5+ Units, Office, Retail, Self Storage, Student Housing, Warehouse, Auto Service/Repair, Lite Industrial, Day Care Centers, Apartment Buildings, Mixed Use, Funeral Homes.
*Prospective Financing terms are provided on a case by case basis. Please complete no obligation – no credit report prequal application – Click Here
SIMPLE AND TRANSPARENT FUNDING PROCESS
Complete Simple Online Prequalification Application: We will complete our Feasibility Review (No Credit Report Pull Required) within 48 hours and advise you of the general financial terms that are available.
If Feasibility Review Is Acceptable, we will send you our general financing terms. If acceptable, we will request the needed documentation to validate pre-qualification and Issue Term Sheet, Pre-approval Letter Or Letter Of Intent
Complete The Underwriting Process For Funding Approval.
BASIC CRITERIA FOR COMMERCIAL FUNDING
Appraisals Always Required. If recent appraisal completed, it can be reviewed for possible use on a case by case basis.
TIME TO CLOSE:
For No Doc Program, closing can be in as little as 2 weeks.
For all other programs, approximately 30-45 days from receipt of required documents requested for underwriting.
MINIMUM PERSONAL FICO SCORE:
Minimum FICO score required is 620. FICO score DOES NOT ultimately determine underwriting approval. We can review scenario’s with credit scores less than 620 on case by case basis.
Interest rates typically range from 6.99% to 10.99% depending on borrower qualifications and experience. Rate could be higher based on specific deal scenario.
Term Length is typically 24 Months and up to 30 year terms.
Nationwide, most major metropolitan markets, except Oregon, Nevada, North Dakota, South Dakota, Vermont
Automotive Service/Repair, Churches, Gas Stations, Hospitality, Hotel/Motel, Industrial, Luxury Residential Investment, Manufacturing, Medical, Mobile Home Parks, Multifamily, Office, Retail, Schools, Self Storage, Special Use, Student Housing, Vacation Homes, Warehouse
LOAN TO VALUE:
Up To 75% LTV.
For Purchase And Renovation: Up to 80% of purchase price and 100% of rehab cost.
1st Lien Position
LEGAL FEE DEPOSIT:
Refundable Deposit May Be Required. Amount determined based on specific transaction.