The investor loan program is intended to provide financing to investors for single tenant type, multi-purpose, small balance commercial properties. A maximum of five tenants is allowed.

The cash flow for this loan program is determined from rents of the property in a stable rental market as identified by the appraisal. The loan amount is based on the FICO score, loan-to-value, or any other qualifying policy limits.

• Cash-out Refinances and Purchases.
• Loans up to $2 Million, Higher Loan Exceptions Available.
• No Balloons or Calls.
• Up to 75% LTV.
• 25-year Fully Amortizing Loans.
• Anchor Tenants Not Required.

Loan Program Conditions

• Acquisition or refinance
• The remaining lease term must be at least 3 years
• Tenant must have good credit

Loan Procedures

• Typically 35-day closing
• Normal real estate closing costs

Eligibility Requirements

• Legal entities and individuals are eligible

Qualifying Standards

• FICO score minimums
• Cash flow from the property
• Availability of down payment
• Real estate/property has value and is environmentally clean

Maintaining the Loan

• Monthly payments in excess of the loan amount are allowed
• Prepayment of principal allows a lower monthly payment (variable rate loans)

Paying off the Loan

• Variable rate loans carry prepayment penalties for the first five or six years. Typically 20% of the principal balance can be prepaid per year without penalty.
• Fixed-rate loans carry prepayment penalties for the first five to ten years. Typically, 20% of principal balance can be prepaid per year without penalty.

Conventional Loans

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PLEASE CALL FOR FULL PROGRAM DETAILS:
888.393.6822