BankerBroker Commercial
Post date: Nov 18, 2010 1:3:21 AM
With over 20 years in lending, you can count on BankerBroker.com
when conventional financing for your client is not an option.
PROGRAMS / HIGHLIGHTS
Purchase Money / All Cash Out
Loan Amounts Up To $5 Million
With Direct Investors, We Can Fund Within 10 Days
No Pre Payment Penalties & Interest Only Available
Finish Construction / Remodel / Rehab
Loans On A Trust
Bridge Loans
Red Tag Removal
Past Credit Issues (FICO Scores) Are Generally Not An Issue
COLLATERAL:
* Cross Securing Of Additional Property Is OK
Apartments
Assisted Living Centers
Auto Care Centers
Auto Dealerships
Bowling Centers
Car Washes
Child Care Centers
Condominiums Congregate Care Facility
Convenience Stores
Distribution Centers
Fitness Centers
Funeral Homes
Gas Stations
Golf Courses
Historic
Hospitals
Hotels/Motels
Independent Living Facilities
Industrial Parks
Industrial Buildings
Truck Stop
Jumbo Home Developments
Land Developments
Marinas
Medical Clinics/Medical Offices
Mini Warehouses
Mixed Use Properties
Mobile Home Parks
Movie Theaters
Offices (Multi-Tenant Single Tenant Warehouse)
Office Buildings
Outlet Centers
Parking Garage
Malls
Rehabilitation Facilities
Resort
Restaurants
Retail (Anchored Single Tenant Unanchored)
Single Family Skilled Nursing Facility
Special Purpose Property
Time Share
Vineyard
RATES:
9.00% - 12.00% First Trust Deeds
Interest Only Available
Seconds on a case-by-case basis
FEES:
3 To 6 points (total)
TERMS:
1 to 10 years Residential
1 to 5 years Commercial / Land / Other
LTV:
Up to 65% Commercial
Up to 75% SFR’s
Up to 55% on Land / Other
GENERAL UNDERWRITING GUIDELINES:
Adequate LTV
Ability to make monthly Interest Payments
Reasonable Exit Strategy
FOR PREQUAL CONTACT:
Massey Kouhssari
877-410-6663