| A lot of deals are hitting a wall right now because banks are pulling back. I’m working with borrowers who thought they had financing lined up, only to see the bank back out or tighten their terms at the last minute. If that’s where you’re at, I can help with permanent financing. Here’s what I’m seeing work best: *Loan sizes from $500,000 up to $12.5 million+ *30-year fixed terms or 10-year interest-only options *Rates starting in the 7% to 9.5% For investor deals, the underwriting is flexible. I can get deals done at a 1.10x DSCR, and there are both full doc and light doc programs available (in some cases, no tax returns needed). For owner-users, there are several ways to qualify: full doc if you’ve got the paperwork, projection-based programs if you’re building growth, and even bank statement programs when tax returns don’t tell the full story. The property types cover just about everything: multifamily, mixed-use, office, retail, warehouse/industrial, mobile home parks, student housing, hotel/motel, self-storage, short-term rentals, funeral homes, auto repair, dealerships, urgent care, restaurants, private schools, and more. If you have a deal that fell out with your bank or wanting the security of long-term fixed financing, give me a call today at 512-358-1511 to schedule at time discuss your project. If you’re ready to expand your footprint by acquiring a similar business in your area, let’s get the financing in place so you can make your move by giving Karen a call today at 512-358-1511 to discuss your commercial finance needs or get started by filling out this form! Karen Schimpf  (512) 358-1511 karen@applycommercialloans.com www.ApplyCommercialLoans.com   PS: Need quick funding while you wait on long-term financing or the sale of another property? Our real estate bridge loans can keep your project moving. Call us today at 512-358-1511 to see if this option is right for you. Call me at 512-358-1511 or start here: applycommercialloans.com/apply-now. |