All Property types except Gas stations, Assisted Living, Land, Metal Stamping or anything with heavy Chemical use
No Up FRONT Fees
Application to close in less than 30 days
Up to 70% LTV - Max Restaurant 60% : Auto related or Church 60%
Seasoning: 2 years is mandatory for refi
Stated Income ok
-SBA Deals
7A program - used for Real Estate, for start-ups, and for business only loans; Owner Occupied 51%; 640 Credit score or higher
504 program - for Real Estate only. No cash out. 640 credit score min, will go to 90% LTV, 10% from the borrower's own seasoned funds; can go to $9 Million
Also available--- USDA, Conventional Deals involving Real Estate, FHA Program 223 and 221 (d)4- also Healthcare Section 232/223
Conventional Apartment up to 75% LTV- $250 - 2 Million five year fixed balloons, 25 year amortization; Hard Money/Bridge loans; Business/Franchise Purchase
*** USDA Loans - The Fed released $1.7 billion new ARRA funds - Owners Occupied business, investment properties including construction - Key is must be in a rural area population of less then 50,000 - building to create jobs is a plus!
Let's chat about your commercial funding needs.
Almira T. Hinton (Lynn)
Clear View Property Inc.
A Commercial Lending Resource
http://www.commerciallendingresource.com
Help@commerciallendingresource.com
(319) 248-9437 * 1 (877) 249-8418
