New for February 2018 - We are now accepting applications for the drastically underserved foreign national sponsor who controls residential and commercial real estate in most areas within the United States of America. This program is carved out for the best of breed and savy investor for most anything that is "For Rent" Contact us to discuss our competitive rates that are available today. Competitive closing costs, non-recourse lending, fast decisions, fast closings. - No Nonsense!
We are proud to be leading the way with this innovative lending program that is open to most all commercially oriented properties with competitive rates that range between 5.5% - 7%.
Currently there is no limitation on the number of properties that can be included within the portfolio. Conservative, common sense underwriting is used to determine loan proceeds and interest rate.
Contact one of our qualified representatives today to discuss your unique opportunity.
Typical Guidelines for Investment Property - Houses - Condos - Apartments - Townhouses:
|Term||Type||Index||Prepay prd.||Recourse||Max LTV||Min. DSCR||Amort.|
|5 years*||Fixed||5-year Swap||Options||Non-recourse||60%||1.15x||30 years|
|5 years*||Fixed||5-year Swap||Options||Full recourse||75%||1.25x||30 years|
|10 years*||Fixed||10-year Swap||Options||Non-recourse||60%||1.20x||30 years|
|10 years*||Fixed||10-year Swap||Options||Full recourse||75%||1.25x||30 years|
- From $300,000 - $35,000,000+
- 25 & 30 Year Amortization options available
- 5 or 10 Year - Ultra Competitive Fixed Rates.
- Up to 75% LTV/LTC
- Competitive Market Rates
- Non-Recourse to all Foreign National Investors
- Cash Out permitted with reasonable underwriting
- Prepayment options for exchange in higher rate