If you own or are purchasing commercial property or an apartment building, you will find that big bank financing can be challenging and expensive.
Yes, they have some good programs, but you should be aware that they will do everything they can to minimize risk, so getting your loan approved will be difficult.
After all, they are protecting their customer deposits and must report to regulators and shareholders.
So, if you have a trophy property, perfect credit and tons of cash reserves, they will like you and your property and probably approve your loan request.
If not, then you should consider some of the hundreds of commercial mortgage programs now available through the nation’s largest wholesale commercial mortgage banking companies.
Our company works directly with these large commercial mortgage bankers. Our commercial property and Apartment building loan programs are structured to be flexible enough to meet the needs of most real estate investors, developers and business owners.
Here are some of the ways these programs are more flexible than bank financing:
- No Income Documents Required
- No Asset/Reserve Documents Required
- Higher Loan-to-Values Considered
- Lower Credit Scores Allowed
- Maximum Cash-Out
- Quick Approvals
- Lending to Trusts, Partnerships and Corporations
If you have a commercial property or an apartment building that you are looking to finance, consider these programs. The underwriters will use a “make sense” approach and will consider all reasonable requests.
We work directly with the largest national wholesale commercial mortgage banks that offer these programs and we can get your loan approved in just a few business days.
Are you ready to see what these new commercial mortgage programs can do for you?