Small Balance Commercial No Appraisal
Non-Recourse options available
Foreclosure Bailouts and Bankruptcy Exits are okay
Low Doc
Terms: 6mths to 5 years
Amortization: interest only option available
Eligible Properties:
Multifamily, office, warehouse, self-storage, and mixed-use property types, residential investments
Max LTV of 65%
Loan Amount: Up to $2,000,000.00
No Appraisal!!!
Borrower: All loans MUST close in the name of a Single Purpose LLC
Tax & Insurance Escrows: Tax and Insurance escrows required on all loans
1st position loans only
Foreign National: Borrower must have a checking account in a US based Bank
ALL BORROWERS must prove liquidity after down payment on purchases as opposed to tax returns.
Properties must service the debt
Good for 38 states
Typically No Minimum Credit Score
Contact me with your loan scenario
Financials (USD)
Maximum Amount $2,000,000
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