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Oct 04 '09, 07:01 AMCommercial
Project Financing - up to 97% LTC Financing, rates from 3% fixed for 5yrs. Minimum loan amount $1M. SIVA must have reserves. No Min FICO.
Bridge Loans - rates from 6.5% up to 80% LTV $2M +, 65% LTV from $25k+. Allows 100% CLTV up to $2M. No Min FICO
Conventional Financing - 680+ FICO, $500K Min Loan up to 90% LTV
*Stated Loans - 550+ FICO up to 90% LTV Max loan amount $2M
Hard Money - Closings in 5-15 days, up to 75%
We also do Commercial Loan Restructuring for your clients that are behind on payments, have a balloon, coming due, or are unable to refi with one of our programs.
Residential
*Stated - 660+ Fico, up to 80% LTV, no title seasoning, up to $10M Loan amount
Hard Money - up to 70%, NOD ok, BK ok
HELOC's & 2nds - up to 85% LTV/CLTV with a 650 FICO
Super Jumbo up to $50M
Construction Financing up to 90% LTC
And all the FHA/VA and Conventional products!
**We are correspondent lenders and we encourage brokers to work with us to get their deals done, you are protected in the transaction and compensated per your fee agreement. *Residential loans must conform to RESPA laws.
