Commercial Real Estate Financing Up To $500 Million
Commercial lending can be complicated, time consuming and very frustrating. However, our experienced staff has simplified the process and walks you through each step from start to finish. Below are just the types of loans and real estate transactions we provide to qualified borrowers:
TYPES OF LOANS :
TYPES OF REAL ESTATE :
- Churches
- Daycare Centers
- Gas Stations
- Golf Course
- Hotels & Motels
- Land Acquisition & Development Loans
- Light Industrial & R&D Buildings
- Marina & Boat Storage Facility
- Mixed Use
- Mobile Parks (25% RV)
- Multi-Family
- Nursing Homes
- Office Buildings
- Office Condos
- Raw Land
- Restaurant & Plaza
- Retail
- Retail Strip Centers
- Self-Storage
- Commercial Developer Loans for Single-Family Construction
- Warehouses
FEES: Unlike residential lending, commercial lending is much more complicated, VERY time consuming and requires an experienced loan officer to get the job done right and in a timely manner. Therefore, all loan fees based on the difficulty of the loan and the amount of work involved.
Number #1 Goal
In order to increase that chances of your loan approval, our experienced and dedicated staff will work closely with the borrower(s) by reviewing each file to help resolve issues prior to going into underwriting. We like to call ourselves the mortgage jeweler who polishes and shines the borrower up like a bright diamond so the underwriter and investor has a clear understanding of the project and also minimizes the risks, which leads to a quick loan approval and closing. Therefore, we will need the following:
Minimum Required Documentation:
1. Executive Summary & Exit Strategy (Microsoft Word Format ONLY)
2. Resume
3. Current PFS
4. Complete 1008 & 1003 with REO
5. Credit Report
6. MAI Appraisal (Do Not Order)
OR Current Digital Color Pictures of Property
7. Current Mortgage Statement or Payoff (Refinance Only)
8. Sources & Uses Of Fund
9. Purchase Contract (Purchase Only)
If Income Producing Property Please Include:
10. Bank statement year to date from latest tax return filed, both personal and business on all borrowers
11. Leases
12. Rent roll
13. Current Operating Statement from borrower’s or seller’s tax returns
14. Past two years’ Schedule E's or Schedule C's if owner occupied for subject property
