|
90% Financing for Office Condos
- Loan Proceeds: Acquisition, Refinance, Construction/Perm
- Guarantees: Personal Guarantees Required
- Size: $250,000 up to $5 Million
- Fast Close: 60 days
- Cash Flow Multiple: 1.25X Debt Service Coverage for 1 year
- Borrower Injection: 10% of all project costs, which can include renovations, closing costs, moving expenses.
- Term: 25 years
- Interest: Prime plus 1.25% - 2.5%. Variable or 5yr Fixed
This loan is great for office condos! Our underwriters are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country!
Get All 3 FICO Scores and Credit Reports
If you have any loan scenarios that you would like us to look at or if you have any questions or want more information, please give us a call at:
863-298-8900
Click Here for a PDF flier of this program
Click Here to get a Quick response to your Commercial Loan Scenario. Simply provide us with some VERY BASIC information and we'll email you a pre-approval.
|