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30 Year Fixed Commercial Alternative Loans ARE Available….
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Yes, we have 30 year fixed commercial loans for multi-family deals above $1 Million…with great rates! WE ALSO HAVE 30 YEAR FIXED for the other main commercial types-retail, office, light industrial, mobile home parks,etc. No special use properties like hotels or gas stations. This is on the Alt-A product that I have talked about before…this product is a great product for deals that just miss conventional but are too good to go bridge. IT IS AVAILABLE UP TO 80% LTV and only has a 5 year pre-payment penalty! This hybrid loan allows long term fixed rates with long 30 year amortizations, it is IDEAL for such loans as the following: –Â SBA Fallout
–Â Refinancing out of high cost bridge debt
–Â Borrowers who can’t document income on tax returns (NO DOC
PROGRAM) –Â Out of state investors/inexperienced investors
–Â No seasoning on title
–Â Large cash out requests
And much more. This product is HOT and available as low as $250,000 and as high as $5 Million. AND WITH 30 YEAR FIXED RATES at UP TO 80% LTV….it can help get a lot more deals to the closing table.
So if you or anyone you know is struggling to get deals done…give us a call. We have the products and expertise to get these deals closed.. Give me a call TODAY! Give me a CALL TODAYÂ at 512-358-1511 or get started by completing the form. |
Karen Schimpf
(512)-650-8630
karenschimpf at gmail.com
Give me a CALL TODAY at 512-650-8630 or 512-354-4949 or   get started by completing the form.