BUSINESS or CONSUMER PURPOSE?
Our first question is whether the primary purpose of the loan is for business or consumer use. If the loan is primarily for business purposes we are provided more latitude in using equity (collateral) as a mitigating factor against other possible deficiencies.
The rules have changed. Even when commercial property is used as collateral, we must verify the borrower has reasonable ability to pay if the purpose of their loan is primarily for consumer use.
We lend as little as $30,000, offer personalized service, and as a direct lender maintain the ability to make decisions instantly.
Qualifications are based upon the property’s value, not the borrower’s credit. With sufficient equity (collateral) we can usually fund your loan immediately.
Loans primarily for business purposes with large cushions of equity couldn’t get any easier. No formal 1003 loan application, no tax returns, no profit and loss statements.
Loans for all property types:
Highlights:
- Broker Friendly – Commissions are protected!
- Low Origination Fee
- No Minimum FICO Credit Score Requirement
- Always Fixed Rates
- Up to 20 Year Term Available
- Interest Only or Amortized Payments
- Quick Funding – Our Specialty
- Direct Lender – In House Underwriting
Please contact us to hear more about our competitive loan options.
Common Sense Underwriting
Based Primarily on Equity
Purchase or Refinance
Owner or Non-Owner Occupied
Salaried, Self-Employed or Retired
Loans for Any Purpose
Consumer or Business Use
Homes – Mixed-Use – Commercial
Apartment Buildings – Retail – Industrial
All Credit Accepted
No Minimum FICO Credit Score
