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%