Embedded Files
Post date: May 24, 2011 11:4:33 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)
www.BankerBroker.com
949-607-8808
Page updated
Google Sites
Report abuse