Our Commercial Capital Products
CORE STATED
Stated Income/Verified Assets (SIVA)
Interest Rate starting at 7.750%
Loan Amount: From 75K to 400K
Loan Term: 25 Year Fixed Rate and 15 Year Fixed for loans under 100K
Prepayment Penalty: 5 Years declining for Fixed rates and 5% flat for Adjustable rates
Max LTV: Up to 70%
Minimum Credit Score: 600
Purchase, Rate & Term and Limited cash-out
Territory: Nationwide, except Ohio, Michigan, Alaska, Hawaii, Alabama, West Virginia, Vermont, Nevada & Los Angeles County CA.
Owner Occupied or Investment Property
Closing time: 4 Weeks typically, if complete package
Property Types: Multifamily (5 +units), Mixed use, Office, Retail, Warehouses,
Self Storage, Hotel, Auto Repair, Mobile Home Park, Restaurant, Hotel/Motel)
Other Property types may be considered on a case by case basis.
CORE BRIDGE
Loan amount: From 500K to 50 Million
LTV: Up to 65% Max
Interest Rate: From 12% to 15%
Loan Term: 12 Months, and extension for 12 months may be granted for an additional fee
Minimum Credit Score: None
Prepayment Penalty: None
Exit Fee: None
Nationwide Lending
Acceptable Property types: Office, Medical, Dental, Office Condo, Warehouse, Mixed Use, Retail, Multifamily, Flagged & Non-Flagged Hotels. Othery property type may be considered on a case by case basis.
Closing Time: Can Close as fast as 30 days with full package.