Alternative Financing Solutions
We all agree that Government Insured loans offer the best terms and rates, but they are not always the best solutions when fast closing are needed.
That is why we now offer Varied Commercial Real Estate Loan Programs aka alternative financing options for unique situations.
Non -FHA Loan Programs
For Purchase, Refinance and Cash Out
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for
Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
For Workout and Limited Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Office And Retail
For Purchase, Refinance and Cash Out
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for
Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
For Workout and Limited Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Purchase, Refinance And Major Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Condos And Scattered Single Family
Fractured Condo, Scattered And Multi-Family Portfolios
Pre-Payments: 5 year is 4.5 years yield maint, 10 year is 9.5 years yield maint. Sell offs: Each property assigned a loan amount and is paid off at 120%. Loans above $5M we can substitute assets to avoid prepays.
Pre Underwriting Requirements
Some Non- FHA lenders and investors require that all loan above 80% LTV or 90% LTV be pre underwritten according to the CMAS underwriting guidelines.
"Capital Markets & Securities Analyst" (CMSA) in order to be given any consideration.
Professional Loan Packaging
We recommend that your loan request be professionally packaged and prepared when requesting private funding and equity partnerships. These proposals provide the investors with the information they need in the format that are accustomed to seeing. A professional loan package is like a professional resume. Details matter!
Transaction Analysis
Unlike FHA and conventional financing, private investors and equity partners will typically look at a loan proposal only once. If it is rejected, it cannot be resubmitted.
That's why we analyze and review all proposals before submission to identify and address any potential deal killing issues.