This newly released non-recourse (no personal guarantee) Loan Program is based on the equity of the commercial real estate property.
This Loan Program features: *stated income*no debt service ratio*no seasoning*unlimted cash out*cross collateral*. All property types considered: motel,
retail, automotive, mixed-use, Raw Land Development to sub-division with SFH lots. Bridge loan for cash out rehab & improvements
Loan Amount: $125,000 & Up
Loan to Value: 65% LTV
Interest Rates: 12.50% - 14.99%
Origination Fee: 2 - 4 points
Pre-Payment: Some programs no Pre-Payment required
Based on Rate & Terms