Matt W.
1927 Posts |
 Posted - 06/03/2008 : 1:49:48 PM
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Preferred program addition for immediate release:
-80% ltv purchase, 75% ltv refi
-Property types include: Multifamily (5+units), Mixed use, Commercial- (add 25 bps to rate) Office, Retail, B&B, Office Condo, Funeral home, Strip Mall.
To qualify-
Loan amount from $100k to $1.5M
Multifamily DSCR 1.15, Mixed use and other commercial 1.2
>680 mid score
Last 2 years tax returns to verify property income
5 year fixed rates starting at 6.99% 30 year fixed at 7.99%
Declining prepay with NO LOCKOUTS!
Restaurant, Tavern and Bar considered to 70% ltv, max loan amount $500k.
Call or email with your scenario today! |
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