Soft Money Loans with Quick Closing!

**marketguru** · 03-06-2010, 10:29 AM

Small Balance Commercial Loans/ Hard Money with better rates

Property Types- All types except
Gas stations, Assisted Living, Land, Metal Stamping, Anything with Heavy Chemical Use

Purchase, Cash Out and Rate and Term Refinance: Use this loan to capitalize on the distressed commercial real estate for sale. Distressed doesn’t mean it’s not cash flowing, especially if you buy it right!

Loan Amounts- 100k-400k call for loan amounts greater than 400k. Our investment bank originates commercial loans from 1mm – 25mm
LTV- 70% Is the maximum loan to value and is for the strongest properties and borrowers. Prefer 60-65%.
***Restaurant Max 55%
***Auto related Max 60%
*** Religious Organization Max 80%

States NOT allowed-MI, OH, NV, HI, Al, AK, VT, WV

Credit Notes- Full Recourse to sponsor. 600 + scores only. If <600 score sponsor must have a verifiable explanation of major life event to be considered for an exception.

Turn Time- Close less Than 21 days after appraiser views the property. We work off of a verbal value from our appraisers.

**will3gross** · 08-12-2010, 04:48 AM

Its a great plan.Even I do know about home loans which are beneficial and anyone can approve it soon.

FHA loans are available to anybody but are used most often by first-time home buyers and low- to moderate-income buyers.

**jason_simpson** · 08-12-2010, 06:08 AM

Thats look like a very good offer with respect to a Home Loan. How can i get some more details about your Loan Product?

**kristinprince11** · 01-14-2011, 06:45 AM

That's a lot of loans. Who are eligible to take those loans?

**Elrey** · 02-01-2011, 03:55 AM

Thank you for the list .
I was unaware of the types of loan like most of the people . They just know there are home loans but no one knows its eligibility criteria .