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Updated over 8 years ago on .

BANK RATES & CASH OUT AVAILABLE? WHAT!? – Special Pricing!
Fico – Typically 650+. Lender does work with credit challenged borrowers as long as the credit issues have been resolved and the story makes sense!
Loan Terms – 25-30 year amortizations. 3, 5, 7, and 10 fixed options
Loan Size – $300K to $30M
Max LTV – Up to 75%
Debt Service Ratio – 1.25+
Interest Rate – 4.00%+
Property Types – Stabilized MF properties 5+ units, mixed use, retail, industrial, office, self-storage, warehouse, mobile home parks, student & senior housing (without an assisted living component).
Pre-Payment Penalty – Step Down Prepay, Flat Prepay, and Yield Maintenance. Typically step-down prepayment penalties during the fixed rate portion of the loan.
Use of Funds -Purchase, Refinance, Cash-Out Refinance
Territory – Coastal Southern California, San Jose, Salt Lake City, Chicago, San Francisco Bay Area, Boston, Washington DC, Philadelphia, Seattle, Minneapolis/St. Paul, Denver, Portland, NY Metro, New Jersey, Miami, San Antonio, Austin
Special – Work with Foreign nationals as well but at a lower LTV. Non-recourse loans are offered at a 50% LTV. No Seasoning on properties income! This means the property could recently be producing stabilized income and the lender will lend off of that- they do not require the property has been producing that income for 1-2 years in order to lend!
262-292-1710