| Author |
Previous Topic | Next Topic |
|
Thebankerguy
65 Posts |
 Posted - 07/10/2008 : 08:08:01 AM
|
Are there any commercial lenders out there that will consider a loan ( Purchase ) for under $200K. 15% down with a mid fico of 721.
Please let me know....Thanks!
|
|
PinnaclePeters
1113 Posts |
Posted - 07/10/2008 : 08:13:16 AM
|
Loans down to $75k, but needs 20% down for Multifamily or Mixed Use - 25% for retail/office/warehouse - 30% for restaurant/tavern/B&B.
Check out our matrices on our website www.TrilogyCL.com |
|
|
brad.easter
696 Posts |
Posted - 07/10/2008 : 08:44:10 AM
|
| Need to know what the deal is. Details of the property and borrower is a must when asking about commercial loans. Please shed more light! |
|
|
markapex
346 Posts |
Posted - 07/11/2008 : 05:41:45 AM
|
We like small loans. Our max LTVs range from 60% to 75% depending on the credit and property type.
Apex Mortgage is a commercial mortgage portfolio lender owned by First Trust Bank, FDIC. We are a small balance lender doing loans from $25,000 to $750,000 in 43 states. Our terms run to a max of 25 years, fixed or ARM with no balloons or lock-outs. We offer brokers the ability to earn 2 points in YSP.
While we are not a hard money lender, most of our deals are in the 575 to 660 credit score range.
We underwrite, process, close and service all of our loans. We never send files out to another company for any reason.
Mark Langman
Apex Mortgage
800-262-2739, ext. 221
215-283-8885 fax
mlangman@apexmtg.com
www.apexmtg.com
|
|
|
EMScommercial
5138 Posts |
Posted - 07/16/2008 : 1:56:14 PM
|
| not saying that brad or chris won't help you, but we like apex alot.... |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
