(COMMERCIAL) EASY HARD MONEY
- Loan Amounts up to $500,000
- Full and Lite Doc Options
- Credit down to 600 Fico (all 3 scores must be over 600)
- 2 year fixed rate
- 2 year prepayment penalty
- 30 year amortization
- Rates starting in the 9’s
- LTV’s as high as 70%
- Unlimited Cash out
Properties must be in the name of a corporation or LLC.
PREFERRED STATES/QUICK CLOSINGS
- Up to 60% LTV
- 6 to 36 months
- I/O
- 12 to 15%
- 4 to 6 points
CA, AZ, NV, CO, WA, OR, HI & TX. Can close in as little as 5 days. Primarily focused on the following types of properties….
-”Single Family Residents (1 to 4 units), Multi Family Buildings, Retail Centers, Office Buildings, Industrial Buildings, Self Storage Facilities, Mixed Use Properties, Skilled Nursing Facilities, Gas Stations, Car Washes, Hotels and Mobile Home Parks.
-Distressed Property Acquirer–Nationwide.
-Preferring REOs (bank owned); however, will look at non-performing notes on anything listed above.
SMALL COMMERCIAL HARD MONEY (100K TO 4M)
Nationwide – INCLUDING MI, OH, LA, IL, KY
- Up to 60% LTV
- 6 to 36 months
- I/O
- 12 to 15%
- 6 to 9 points
- Close in less than 30 days
- NO SCORE
Seller 2nds & cross-collateralization OK
