Small Balance Commercial Real Estate Loans
Loan Amounts $ 100,000 to $5,000,000
10 to 30 years
6-9% Rates for Tier 1 Credit Scores 650 +
9-11% Rates for Tier 2 Credit Scores 550+
Loan to Values Up To 80%
No Limit On Cash Out On Tier 1
No Ownership Seasoning Requirement on Tier 1
Occupancy – Investor or Owner-Occupied
Borrowers - US Citizens, Permanent Resident Aliens, Legal Entities
Loan Purpose: Purchases
Rate and term refinance
Income Documentation for Owner Occupied Properties
Full Doc – 2 Years Corporate Tax Return
Bank Statement 12 months business bank statements
(Only the last 12 months business bank statements are requested)
For Stated Owner-Occupied Program: Guarantor(s) are not required to provide personal or business tax returns to qualify for this program.
Bars & Restaurants
Auto Repair Shops
Day Care Facilities
You'll be pleased to know that our responses and closing times are fairly quick. Approvals are given in two days from receipt of complete credit package, and we can execute closings in as little as two to three weeks.
Adjustable rates as low as 6% or fixed rates for 30 years and LTV's of up to 80% are available on almost all commercial property types with first liens only. Credit scores as low as 500 are accepted.