Recent Closings
 Office - Maryland -
 $500,000 Purchase
Multi-Family - Florida -
$320,000 Line of Credit
Mixed-Use - California - $227,500 Refinance
RV Park - Arizona - $350,000 Refinance
Retail - Detroit, MI - $256,000 Line of Credit
Auto Center - Virgina -
$450,000 Refinance
Office - Washington, DC - $500,000 Refinance |
|
|
|
We offer a variety of
programs to meet your borrower's specific needs. Our
Stated Business Equity Line of Credit program has
loan amounts from $50,000 to $500,000. Learn
More.
We have the ability to
offer larger loan amounts on fixed rate products for
Multifamily and Commercial Income properties.
We have Stated and Standard
documentation programs with low credit requirements
and unique underwriting guidelines to fit most common
sense scenarios for investors and owner users.
|
 |
|
Conforming
Multifamily Apartment Loan Programs
|
| A conforming Commercial Mortgage product available for both owner-occupied and Investors - Our Commercial loan program with the lowest rates available - 30 year terms. |
| From $300,000 - $10,000,000 |
| 51% or Greater Owner-Occupied Properties |
| Traditional Multifamily Apartment Properties Only |
| 15, 20, 25, & 30 Year Amortizations |
3, 5, 10, 15 Year Fixed Rates |
|
Up to 75% LTV / 85% CLTV
|
Competitive Rates |
| No Balloons or Calls |
Cash Out permitted |
| Declining Prepayment - No pre-pay |
Minimal Impound Reserves |
| Full Document - Personal Recourse |
Minimum 600 Credit Score
|
| 3 Years of Historical Income Req. |
Low Minimum 1.25 DSCR |
| Non-Conforming Multifamily
Loan Program |
| A
non-conforming, investor commercial loan program providing
up to 85% commercial financing and 30 year fixed rate
terms, for both traditional and non-traditional multifamily
properties. |
| From $100,000 - $3,000,000 |
| Owner-Occupied Properties or Investor Properties |
| Traditional or Non-Traditional multifamily Properties |
| Full Document, Low-Doc, and Stated Income Options |
| Owner-Occupied Stated Income multifamily Loans to 90% LTV |
| 30 Year Amortizations |
3 Month, 2, 5, & 30 Year Fixed Rates |
| 85% LTV on Purchase |
85% LTV on Refinances |
| Cash Out Refinances to 70% |
20% Annual Prepay With No Penalty |
| Flexible Prepayment Options |
Minimum 600 Credit Score |
| Stated - Multifamily
Mortgage Loan Program |
| Provides
fast, flexible multifamily financing for Multifamily
mortgages under $750,000. Streamlined multifamily apartment
loan process saves borrowers both time and money. Up
to 75% Multifamily financing, residential style of underwriting,
reduced document requirements, and no monthly or annual
reporting requirements simplify multifamily lending.
|
| Owner-Occupied Properties or Investor Properties |
| Traditional or Non-Traditional Multifamily Properties |
| Low-Doc, and Stated Income Options |
| Owner-Occupied Stated Income to 75% LTV |
| 25 Year Amortizations |
Adjustable - 25 Year Fixed Rates |
|
75% LTV on Purchase
|
75% LTV on Refinances
|
| Cash Out Refinances to 70% |
20% Annual Prepay With No Penalty |
| Declining Pre-pay |
Minimum 540 Credit Score |
|
|
|
