Small Balance Commercial Programs
- Property Types
- Multi-Family, mixed use, office, retail
- Warehouse, Light Industrial, Mobil Home Parks, Bed & Breakfasts and Self Storage
- Property Condition: Good
- Loan Amounts
- $50,000 to $1 million
- Loan-to-Value: 95% CLTV
- Combined Loan to Value: 100%
- Loan Terms: up to 30 years
- Ammortization
- up to 30 years fully amortizing
- Minimum Credit Score: 600
- Lending Area: National
Program Details
Small Balance Low-Doc Program
- Property Types:
- Multi-Family, Mixed Use, Office, Retail
- Warehouse, Light Industrial, Mobil Home Parks, Bed & Breakfasts, Self Storage, Marinas, Funeral Homes, Rooming House, Day Care, campground, Bar & Resturant
- and Car Wash
- Property Condition: Good
- Loan Amounts
- $100,000 to $1 million
- Loan-to-Value: 90% CLTV
- Combined Loan to Value: 100%
- Loan Terms: up to 30 years
- Ammortization
- up to 30 years fully amortizing
- Minimum Credit Score: 575
- Lending Area: National
Program Details
Small Balance Apartment Program
- Property Types:
- Existing apartment properties with 5+
- units, mixed-use, condominium
- properties and mobil home parks
- Property Condition: Good
- Loan Amounts
- $300,000 to $1 million
- Loan-to-Value: 80%
- Combined Loan to Value
- Special Exceptions Necessary for LTVs above 80%
- Loan Terms: 5 to 10 years
- Ammortization
- up to 30 years fully amortizing
- Minimum Credit Score: 620
- Lending Area: National
Program Details