New Commercial Mortgage Programs Offer Easier Qualification

New Commercial Mortgage Programs Offer Easier Qualification

With Reduced Documentation

When you own commercial property or apartment buildings, you soon learn that big bank financing can be challenging and expensive.

Sure, they have decent programs, you just have to understand that they will do everything they can to minimize risk.

After all, they are protecting customer deposits and must report to shareholders.

So, if you have a trophy property, perfect credit and tons of cash reserves, they will like you and your property.

If not, then you may want to consider some of the hundreds of commercial mortgage programs available through the largest wholesale commercial mortgage banking companies.

Our company works directly with many of these large commercial mortgage bankers. These companies make commercial property and apartment building loans. They structure these programs to be flexible enough to meet the needs of most real estate investors.

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 allowed
  • Lower credit scores allowed
  • Maximum cash-out allowed
  • Quick Approvals
  • Lend to trusts, partnerships and corporations

If you have a commercial property or 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 banks that offer these programs and 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?

B BushBrian and his team have been funding Real Estate Loans for over 25 years. Since 1991, they have funded over 1.5 Billion Dollars in loans. You can reach Brian at 800-607-1941 x220 or bbush@slglends.com

 

* Commercial mortgages and apartment building loans offered nationwide except in: Arizona, Florida, North Carolina, North Dakota, Nebraska, New York, New Jersey, South Dakota and The District of Columbia.

Sorry, comments are closed for this post.