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Posted about 9 years ago

BRIC LLC Lending Guidelines COMMERCIAL/RESIDENTIAL FINANCING

BRIC LLC Lending Guidelines

COMMERCIAL/RESIDENTIAL FINANCING

No Doc LoansCALL US AT(800) 915-7133

With our objective strategy and common sense underwriting approach, we aim to help you capitalize

on the growing opportunities in our small balance commercial niche. BRIC LLC'S flexible lending

guidelines were created to provide you with the best possible solutions for your borrowers.

NO REHABS OR PRIMARY RESIDENCE

Simple to submit. Simple to qualify. Simple to close.

LTV: Up to 70%

Loan Amounts $50,000 to $5,000,000

Loan Purpose • Purchase

  • Refinance (rate/term & cash-out)
  • Fixed Period 3 & 5 year options

    Minimum FICO 600 Middle Score

    Pricing Rates starting as low as 6.99%

    Term 30 year fully amortizing / 30 year loan

    Prepayment Penalty Equal to the fixed period

    The BRIC Advantage

  • Simple loan documents
  • No loan committees
  • Common sense underwriting
  • Permanent financing, NO balloons
  • Quick Closings – 20-45 days!
  • Visit our website at www.thebric.net

    Leave us an Inquiry and we will get right back to you!

    Multi-Family Loans

    BRIC LLC provides multifamily loan financings for properties ranging from $200,000 to $5 million. We finance multifamily loans throughout the US, and specialize in both purchase and refinance transactions.

    Advantages of BRIC LLC’s multifamily loan finance program include:

    Multifamily loan LTV’s up to 85%

    Loan terms up to 30 years

    Flexible multifamily loan amortization rates

    Potential for non-recourse multifamily loans

    Low/no pre-pay penalties

    Financing for mixed-use properties

    Potential for assumable financing


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