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STATED INCOME
Commercial Real Estate Financing to 80% CLTV
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Purchase or Refinance of Owner User or Investor Owned Properties
Stated Income Loans, requiring no personal tax returns, are available for loan amounts up to $1,000,000 for the purchase or refinance of income producing commercial real estate properties. LTV's as high as 80% will be considered for
multi-family and mixed use properties.
| LOAN AMOUNTS: |
$350,000 to $1,000,000 |
| LOAN PURPOSES: |
Permanent Financing for purchase or refinance with cash out (no
limit). |
| PROPERTY TYPES: |
Multi-Family, Mixed Use, Office, Medical, Retail, Warehouse, Self Storage, Mobile Home Parks and Auto Service, Repair, Body and Paint Shops. |
| LOAN TO VALUE: |
to 80% LTV* on Multi-Family and Mixed Use properties.
to 75% LTV* on Office, Medical, Retail, Warehouse, Self Storage, Mobile Home Parks and Auto Service, Repair, Body and Paint Shops.
to 55% LTV* on Light Industrial and Restaurant Properties.
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| CREDIT SCORE: |
minimum credit is 680 FICO |
| TERM & AM: |
30 year fully amortizing loans available |
| FIXED RATES: |
Fixed rate loans available for 5, 10 or 30 years
Today's PAR rate as low as 9.75%, subject to credit score, property type and Loan-to-Value
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| INTEREST RATES: |
Call today for a custom quote based on your transaction |
| LOAN FEES: |
0 - 4 points, depending on loan amount and financial strength of
borrower |
| PREPAY POLICY: |
Various options available |
| TERM SHEET: |
72 hours from receipt of requested information |
* NOTE: Maximum allowable LTV under program guidelines. Investor will consider exceptions to
85% CLTV, with Seller financing on purchase.
We look forward to serving you. For a rate quote, please complete and fax the LOAN PREQUAL.
For additional info, or to review your scenario via email, please complete the Request Info Form. Or, pick up the phone and give me a call at 800 778-3763.
Contact me for additional information.
Mike Pagani
800 778-3763
mike@bfscapital.com
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