Struggling to Secure Financing for Your Assisted Living Facility?
|
|
|
Terms |
Residential Bridge |
Commercial Bridge |
Lite Doc or DSCR |
Commercial Terms |
Base Rate |
9%- 11% |
10%-12% |
7.5%- 9% |
6.5%- 8.5% |
Min Loan Amount
|
$250000 |
$500000 |
$500,000 |
$500,000 |
Max Loan Amount
|
$10,000,000 |
$50,000,000 |
$200,000,000 |
$200,000,000 |
Max Refinance LTV |
75%
|
65%
|
75%
|
80% |
Max Purchase LTV |
80%
|
65%
|
75%
|
85% |
Max LTC |
80% |
65% |
75% |
80% |
Minimum FICO |
580 |
580 |
660 |
680 |
|
|
|
⬛ Purchase Price $8,400,000
⬛ 75% LTV
⬛ 30 Years
⬛ DSCR/ Lite Doc
|
|
|
|
|
⬛ Purchase Price: $400,000
⬛ 60% LTV/ 80% CLTV
⬛ 12 Month Bridge
⬛ Lite Doc
|
|
|
Disclaimer: This email does not constitute a loan commitment or offer to lend. This newsletter is a communication from Commercial Lending USA, providing updates on our mortgage loan products and lending guidelines. If you wish to stop receiving future newsletters, you can click on the unsubscribe link or send a letter to 13000 Harbor Dr, Suite 228D, Woodbridge, VA 22192.
|
|
|
|