Commercial Real Estate

BENEFITS
- Funding $100,000 – $5,000,000*
- Interest only option – lower monthly payment
- All property types considered
- Fast-3 weeks
- No Personal Credit requirements
- Bankruptcy OK
- No use of funds restrictions
- Foreclosure bailouts available
- Stated income OK
- After Repair Value appraisal in California and Arizona
*Higher loan amounts on case by case basis
DOCUMENTS
- Complete CRE section in CRM
- Application
- Property photos – interior and exterior
- 12 month income statement if property is income producing
- Purchase sale agreement – if purchase mortgage
- Additional documentation required after pre-qualification
REQUIREMENTS
- FICO:- NA
- TIB:- 0 (startup)
- ANNUAL GROSS REVENUES:- $0
- BANKRUPTCY:- Discharged
- JUDGMENTS AND LIENS:- Yes if in payment plan
- CREDIT PARTNER OK?:- Yes
- SECURED OR UNSECURED:- Secured
- INDUSTRY IMPORTANT?: No
- FUNDING AMOUNT:- $100,000 – $5,000,000
- LTV:- 50-70%