COMMERCIAL DIRECT BRIDGE LOANS
MORTGAGE BROKERS PROTECTED
NO UPFRONT FEES
LOAN AMOUNTS $100,000 TO $2,000,000
HIGHER AMOUNTS FOR STRONG DEALS IN METRO AREAS · National Commercial Non Prime Lender (No MI or VT)· Never Any Up-front Lender Fees, Borrower only pays for Appraisal· LOIs issued within 48 Hours of submission· Loan Amounts From $100,000 to $2,000,000· Rate Sheet Upon Request· Terms from 6 months to 60 months· No Prepayment penalty options· Maximum LTV Varies By State:55% Max LTV for NY, NJ, FL 50% Max. in CTUp to 65% in CA, HI, OR, TX, WA (Most other States: 60% Max LTV) · Rates 8.99% to 13.99% · Foreign Nationals Ok
ELIGIBLE PROPERTY TYPES: ♦Multi-Family♦ Mixed Use♦ Office Building ♦ Office Condo’s ♦ Retail♦
♦Groups of Condos or Residential Properties Owned by LLC or Corp. ♦
♦Other Deals We Will Consider: Building Rehab ♦Residential Collateral owned or Being Purchased in an Entity (NOO)
