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Short Term Fixed Rate Mortgages In commercial real estate financing, short term fixed rate mortgages are designed to keep your starting mortgage payments affordable; typically for the first five years. These mortgages offer the advantage of a very attractive fixed rate maximizing cash flow. This is the most popular program in commercial real estate lending today. Long Term Fixed Rate Mortgages With a long term fixed rate mortgage your interest rate; principal and interest payments, will remain constant during the entire life of your mortgage, resulting in predictable costs. You will never need to be concerned with the uncertainty of a rate change. No Income Verification This program offers financing to borrowers in a special situation who do not wish to provide tax returns or pay stubs to check income. We accept income as stated and only confirm employment. Typically this program is limited to specific commercial properties Up to 100% Loan to value for owner occupied If you will be purchasing real estate to operate your primary business we can arrange to finance closing costs & working capital, too! Poor credit programs If you have had some credit issues in the past and your credit score just isn’t where it should be, we have a program for you. Interest Only You pay no principle on the loan amount, interest only; therefore minimizing your monthly payments and maximizing cash flow. Construction financing We can provide land acquisition, construction and permanent financing for those building from the ground up at very competitive rates and sensible closing costs.
Hard money Quick, easy and minimal documentation is required when you don’t mind paying a higher rate to meet a specific need or to avoid missing out on a time sensitive opportunity. Small business loans – If you are only buying the business and not the real estate, we are still interested; providing the business has a good operating history. Equipment financing & Lines of Credit If your business is looking to expand to keep up with your industry, we have lots of options for you to explore. Asset Based Lending & Factoring Is your company in need of working capital? We know how to access multiple resources to help your business succeed Non-recourse financing The Borrower is not personally liable for this loan type. If the borrower defaults, the lender/ issuer can seize the collateral, but the lender’s recovery is limited to the collateral. Minimum prepayment penalty We offer specific programs where the prepayment penalty can be minimized and in some cases eliminated so you will not be subject to the uncertainty of a costly penalty when you sell or refinance. Secondary financing permitted In some cases we can permit the seller to hold a second mortgage, therefore allowing you to reduce your initial down payment. This is usually limited to borrowers who are purchasing real estate where they will operate their primary business 30 year amortization The longer the amortization, the lower your monthly payment. This is ideal for properties where you are looking for maximum cash flow and paying down the principle balance is not an immediate concern.