|
MULTI-FAMILY / APARTMENTS
|
|
Typical LTV's on MF/Apartments are 75-80%, however under certain conditions, we can get 90%; stated or full doc programs. Rates as low as 6.5%
|
|
|
MIXED USE
RESIDENTIAL & COMMERCIAL COMBINED
|
 |
LTV's as high as 90%, with a strong residential component, we can get a break over the usual retail pricing. Stated & full doc programs nationwide. |
|
|
MIXED USE
DIFFERENT COMMERCIAL TYPES COMBINED
|
|
Same underwriting guidelines as normal mixed use; LTV's up to 90% under certain conditons. |
|
|
|
RETAIL
|
|
Great owner occupied programs up to 90% for purchases, most property types. Stated or full doc nationwide. |
|
|
|
WAREHOUSE
|
|
Similar to retail, we can even push through some light industrial properties. Owner occupied deals up to 90% stated!! |
|
|
OFFICE
CONDOS OR WHOLE BUILDING
|
|
For owner occupied with certain criteria; we can get 90% LTV, even stated! Even investment properties can get up to 80% with great rates in the 7% range. |
|
|
|
LIGHT INDUSTRIAL
|
|
This property type can be problematic, but we have gotten them done. Environmental issues must be addressed, digital photos say it all! |
|
|
|
HEAVY INDUSTRIAL / MANUFACTURING
|
|
We have sources for the heavy industrial properties that cannot get done elsewhere. |
|
|
HOSPITALITY
FLAGGED OR UNFLAGGED
|
|
Flagged or Non-Flagged hotels/motels can be underwritten, typcially to a max of 75% LTV. From full doc franchised properties to small stated income, Mom & Pop motels; we have closed on these in under 35 days! |
|
|
|
BOARDING HOUSES
|
|
Underwritten similar to multifamily, but taking into account a shared component of the property. (ie. Kitchen, bathrooms, etc.) |
|
|
AUTO REPAIR/SERVICING
WITHOUT GASOLINE SERVICE
|
|
With no gasoline storage or service, we can get great rates on owner run or leased auto facilities up to 90% LTV ... stated income even!
|
|
|
GAS STATIONS
WITH AND WITHOUT RETAIL
|
|
Branded (named franchise) nationwide from $500,000 full doc; non-branded in Florida; LTVŐs typcially range up to 75%; in certain circumstances up to 90%.
|
|
|
|
FUNERAL HOMES
|
|
Specialty properties like funeral homes can get done stated or full doc; if the business is especially well established, great rates can be had up to 80% LTV. |
|
|
|
RAW LAND
|
|
Where is it, how big is it, and what is it entitled / zoned for? ThatŐs the biggest items of what we need to know. |
|
|
|
CONSTRUCTION / SPEC HOMES
|
|
Great spec home program requiring no personal financials or reserves, credit scores down to 560! |