WEEKLY LENDING PROGRAMS!

 

1-4 Unit Permanent Loans

-Term: 3, 7 & 8 year fixed
-Amortization: 30 year
-DSCR: 1.25-1.3
-Interest Rate: 7.50%+
-LTV: Up to 75%
-Loan Amount: $45,000-2 Million
-Credit: 630+
-Property Types: SFR’s & 2-4 units investment properties
-Lending Territory: Nationwide
-Foreign Nationals: 70% LTV
-Special: Can be used as a blanket program.

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Nationwide Blanket Program

-Term: 5 & 10 year fixed
-Amortization: 30 year
-Interest Rate: 6.00%+
-DSCR: 1.15
-LTV: Up to 75%
-Loan Amount: $700,000-50 Million
-Credit: 620+
-Property Types: multifamily (5-20 units), 1-4 unit investment properties.
-Lending Territory: Nationwide besides ND, SD, Alaska & Hawaii.
-Loan Purpose: Purchase, Refinance, Refi Cash Out
-Special: work with foreign nationals

 

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Multifamily Loans 

-Term: 3, 5, 7 & 10 fixed options; Hybrid Arm options available
-Amortization: 30 year
-Interest Rate: 3.8%+
-LTV: Up to 80%
-Loan Amount: 1-5 million
-Credit: 650+
-Property Type: 5 units minimum; No maximum
-Lending Territory: Nationwide
-Non-Recourse Options Available!
-Cash Out Available!

 

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Bridge/Construction Financing

-Term: 1-3 years
-Interest Rate: 9-12% (interest only loan)
-Points: 1-2.
-LTC: Will finance 65% of the total project cost!
-LTV: Will go up to 70% on a straight bridge loan.
-Loan Amount: 1-20 Million
-Credit: Not an issue! The lender wants to see experience!
-Property Types: Most considered
-Lending Territory: SE U.S. & Texas
-Special: Will do land loans!
-Closing: 1-4 weeks!

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