Plus Program
Loan amounts from $1,500,000 to $4,000,000.
Ideal for borrowers who might have been turned down by a bank and
are willing and able to document income.
| Property
Types |
| Tier I: |
Multifamily and Mixed-Use |
| Tier 2: |
Office, Retail, Warehouse, Self-Storage, Light
Industrial, Mobile Home Parks, Bed &
Breakfast, Automotive Repair |
| Tier 3: |
Heavy Industrial, Rooming House, Funeral Home |
| Tier 4: |
Health Care, Day Care, Restaurant, Gas Station |
|
| Loan
Types |
- Purchase
- Refinance
- Cash-out Refinance
|
| Loan Amount |
$1,500,000 to $4,000,000 |
| LTV |
Up to 80% |
| Fixed Period |
3, 5, 7, and 30 - year fixed rate |
| Terms |
15, 20, and 30 year amortization options |
| Minimum FICO |
640+ but can go as low as 600 |
| Program
Highlights |
- Flexible Underwriting--Loans funded on a case by case
basis
- Streamlined documentation and loan process
- Focus on credit and property cash-flow
|
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