|
Loan amount |
From $250K to $20 Million |
|
LTV |
Up to 60% max |
|
CLTV |
May be allowed on a case by case basis up to 75% |
|
Loan term |
Up to 36 months |
|
Minimum Fico required |
None |
|
Prepayment penalty |
None |
|
Exit fee |
None |
|
Interest rate |
Starting at 12% |
|
Lending |
Nationwide lending. NO rural areas (minimum population required 100K) |
|
Acceptable property types |
Office, medical/dental, office condo, warehouse, multifamily, mixed use, retail, strip centers, assisted living facility, day care, flagged and non-flagged hotel/motel, other property types considered on a case by case basis |
|
Interest only payment |
Available |
|
Closing time |
Can close as fast as 30 days with full package |