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BankerBroker.com Commercial Loan

posted May 24, 2011, 4:04 PM by Massey Kouhssari   [ updated May 24, 2011, 4:11 PM ]

                                                                                               05/04/100-FC

COMMERCIAL Rates are DOWN – From 4.25% Floating/5.40% Fixed

 

QUICKER Turn Times:

            - 10 to 25 Days with NO SBA Involvement (Refi’s, Purchases, Own.Occ., N.O.O.)

            - 35 to 45 Days for SBA-504b Purchases (Own.Occ.ONLY) with 75% to 90% LTV

 

HIGHER Bank-Paid BROKER Commissions:

            - 2.5% of 1st Lien Loan Amount for Owner-Occupied Purch./Refi. - $75,000 Max.

            - 1.5% of Loan Amount for Non-Owner-Occupied Purch./Refi. - $45,000 Max.

            - 1.5% of 1st Lien Loan Amount for Construction to Perm. Loan - $45,000 Max.

 

EXPANDED Loan AMOUNTS:

            - $50,000 Minimum Loan Amount (EXCEPT SBA - $200,000 Min. PURCHASE Price)

            - $8,000,000 Maximum Loan – Multi-Use Owner-Occupied Purch./Refi.

            - $5,000,000 Maximum Loan – Multi-Use N.O.O. Purch./Refi. (38 States)

            - $5,000,000 Maximum Loan – Special-Use Own.Occ. Purchase (SBA)

            - $3,000,000 Maximum Loan – Special-Use Own.Occ. Refinance

            - $3,000,000 Maximum Loan – Special-Use N.O.O. Purch./Refi. (38 States)

 

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2.5% Owner-Occupied Broker Commission

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1.5% Investor-Held (NOO) Broker Fee

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50 States for Own.Occ. Properties

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38 States for Investor-Held (N.O.O.)

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$50,000  Minimum Loan Amount

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$3,000,000 - $8,000,000 Max. Loan

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10 to 20 Day Closings Possible (not SBA)

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4.25% (and UP) Floating Interest Rates

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5.40% (and UP) Fixed Interest Rates

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650 Minimum Experian FICO

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CONSTRUCTION (Comm. O.O. ONLY)

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FULL DOC ONLY

 

 

 

1.

ALL Offices – Condo/Medical/Buildings

2.

Light Industrial – Assembly – Office/Warehouse

3.

Retail Center/Strip-Mall – Stand-Alone Retail

4.

Heavy Industrial – Factory – Manufacturing

5.

Schools/Day-Care Centers

6.

Car/Truck/Motorcycle Dealerships

7.

Car/Truck/Motorcycle Service Shops

8.

Funeral Homes (NO Cemeteries)

9.

Salons – Day Spas – Barber Shops

10.

Retail Dry Cleaner/Laundromat

11.

Restaurants/Bars

12.

Oil/Lube Service Centers/Collision Centers

13.

Converted S.F.R. (Commercial Use ONLY)

14.

ANY and ALL Metal Buildings

15.

Assisted Living Center (38 States ONLY)

16.

Self-Storage Facility (38 States ONLY)

17.

Mixed-Use (Commercial/Retail with Residential)

 

 

 

www.BankerBroker.com

949-607-8808

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