We Provide Commercial Funding Solutions
For All Major Property Types
Funding For Multi-family 5+ Units, Commercial & Special Use Properties!
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.
General Commercial Funding Guidelines
Loan Amounts From $1,000,000.00 – $100,000,000.00
Up To 75% LTV Funding!
Interest rates range from 7.5% t0 9.99% on average. Rates can be higher on certain transactions.
Interest Only Payments!
Renovation budget funded up to 100% of rehab budget!
Standard Commercial Property Types Covered:
Hotel/Motel, Luxury Residential Investment, Manufacturing, Medical, Mobile Home Parks, Multifamily, Office, Retail, Self Storage, Student Housing, Warehouse
SPECIAL USE Property Types*: Commercial Funding Solutions For Special Use Properties:
Special Use Includes: Automotive, Churches, Gas Stations, Industrial Restaurants, Schools, etc.
*Financing terms and lender cost 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 For Our Feasibility Review (No Credit Report Pull Required). We will confirm that your project falls within the general guidelines that allow for ultimate funding approval.
If Feasibility Review Is Acceptable, we will request needed documentation to validate pre-qualification and Issue Term Sheet Or Letter Of Intent
Complete The Underwriting Process For Funding Approval.
BASIC CRITERIA FOR COMMERCIAL FUNDING
Case by case basis. Could possibly use an old previously issued appraisal.
TIME TO CLOSE:
Approximately 18-20 business 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 7.5% to 9.99%. Rate could be higher based on specific deal scenario.
Term Length is typically 12 Months – 36 Months
Nationwide, most major metropolitan markets.
Automotive, 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 70% – 75% LTV
LOAN ORIGINATION FEE:
Below $5Million loan amount: Loan origination fee ranges from 4.5% to 5% .
Above $5Million loan amount: Loan origination fee ranges 4% – 4.5%
For Special Use Properties: Loan origination fee ranges from 6% – 9%
1st Lien Position
LEGAL FEE DEPOSIT:
Refundable Deposit. Amount determined based on specific transaction.
STANDARD DOCUMENTS REQUIRED FOR UNDERWRITING:
– 4-5 color photos of subject property Or copy of Old Appraisal
– Last 2 years profit and loss statement and YTD P&L
– Rent Roll (if applicable)
– Personal Financial Statement
– Operating Agreement or Bylaws
– Articles Of Organization or Incorporation
– Purchase & Sales Agreement (for purchase transactions)
– Resume/Background of Principal(s)
– Copy of HUD-1 from acquisition (if purchased in last 36 months)
– List of improvements or improvements required