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 (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 - $150,000 Min. Total Loan) - $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) |