We are a direct lender, however when it comes to commercial mortgage lending we often use our network of lending partners to close loans. That just depends on what’s quickest and most advantageous for you, the borrower. You will make that decision, depending on what’s most important to you – speed, flexibility in underwriting, rate, or a combination of all of these.
About Our Commercial Mortgage
We offer mortgage loans from $50,000 up to $2.5 million (beyond subject to exception). We offer a wide variety of commercial mortgage loan programs and products, although our real sweet spot is for the small/medium business owner with decent, but not spectacular, credit – 600 too 680 credit scores. We have mortgage programs for purchase, refinance, and cash-out. Variable and fixed rate loans are available.
Most of our programs require proof of income to service the debt, but not all of them. Rates and fees vary considerably, depending on loan size, credit, building type, etc. While we do some “hard money,” that is not our main commercial mortgage focus.
If your company is a non-profit, public benefit corporation, or low-profit limited liability company, call us! We understand those operating models and can help you. Don’t be concerned about prior bank and broker turn-downs – they don’t understand this space.
Why Work With Us?
We are a lean company, without a lot of employees. However, we are sophisticated when it comes to commercial mortgage lending. Our owners spent a huge portion of their careers in specifically mortgage lending. We understand mortgage lending. As a direct lender and a partner with dozens of nationwide financial services companies, we have maximum flexibility to find the right commercial mortgage loan for you. Lenders are in the business of writing checks, but a lot of them hate to write checks. We know who will close your loan and who won’t. And, we always shoot super straight. If your loan isn’t a slam dunk, you are going to hear that from us. And, we ask that you listen and trust us to do our jobs.
What Do I Need To Qualify?
Most of our mortgage loan programs, require proof of sufficient income to meet the debt to income ratio guidelines. We have some stated income and no income mortgage programs available, as well. And, we have light document programs, which require some proof of income, but won’t weigh you down in paperwork!
The property must be multi-purpose, commercial, industrial, office, or multi-residential (5+ units). It must be located in an area that has an active resale and rental market so we can get a quality appraisal. We will need a current appraisal. Do not order your own appraisal. It is best to do that through us because most of our lenders require an independently-ordered appraisal. If you already ordered your own, call us and we can talk through whether or not we can use that alone or sometimes we need to get a quick supporting broker price opinion.
Need a commercial mortgage? Not sure who to call?
We can help. Call us and let us show you what we can do. Call 512.910.2700