Thread: No Doc Commercial Mortgage Lender Available

We are your No Documentation Commercial Business Mortgagees Lender

Realtors, Mortgage Brokers, and Business Owners turn to Financial Corp as their preferred alternative to traditional bank and SBA 504 financing because of our easy approval process and flexible guidelines including:

No tax returns or financial statements required!

• Qualify based on property value and credit score
• Quick approval and easy processing - no SBA restrictions
• Great low long-term fixed rates - we often beat SBA full-doc rates
• Purchase and Refinance transactions
• Property need be only 26% owner-occupied
• 90% Loan-to-Value financing for most properties (purchase)
• Loan amounts from $350,000 - $2,250,000 (restrictions apply)
• No costly SBA guarantee fees
• No debt-coverage-ratio programs (restrictions apply)
• Responsive, professional service

Eligible Property Types
Retail, office, office condo, warehouse, warehouse condo, mixed-use, medical, dental, auto repair, auto body, dry cleaner, light industiral, light industrial condo, convenience store

Non-Eligible Property Types
Restaurant, gas station, motel, hotel, bed & breakfast, bowling alley, car wash, self-storage, nursing home, assisted living, day care, bar, night club, athletic facility, used and new car dealer, church, school

Occupancy
Must be at least 26% owner-occupied

Business History
Business must be in existence for at least 2 years

Loan Amount
$350,000 - $2,250,000 (restrictions apply)

Lending Area
Nationwide (unless otherwise prohibited by law)
Not lending in AZ, NV, AK, KS, MN, MI, SD, ND, and WI

Type of Debt
Long-term conventional rate mortgages with fixed rates as long as 30 years

Loan-to-Value
Up to 90% LTV (standard - subject to credit criteria)

Recourse
Personal guarantees are required for majority shareholders


If interested as a direct Principal Borrower or if you are direct to the Principal only,then contact me to move forward.

Don Carter