Stated Income Small Commercial Lending
– Loan Amounts up to $5,000,000
– Loan Purpose Purchase, Refinance, Cash Out
– Property Types: Investor 1 – 4 Rental Units
Class I: Multifamily (5+ Units) & Mixed-use
Class II: Office, Retail, Warehouse, Self-Storage, Auto Service
– Debt Service Ratio Class I: 1.20x / Class II: 1.25x
– Loan to Value Class I: 70% / Class II: 65%
– FICO 650 mid score
– Fixed Period 3 & 5 year options
– Rates start from 6.99% (depends on loan size and LTV)
– Terms 30 year fully amortizing / 30 year loan

Commercial Bridge Loans
– Loan Amounts up to $10,000,000
– Loan Purpose Property Acquisitions, Repositioning & Recapitalizations
– Property Types
Class I: Multifamily (5+ Units) & Mixed-use
Class II: Office, Retail, Warehouse, Self-Storage, Auto Service
– Proforma DCR Requirements: Class I: 1.20x, Class II: 1.25x
– Loan to Value Class I: 70% / Class II: 65%
– FICO 650 mid score
– Fixed Period 2 & 3 year options
– Rates start from 7.99% (depends on loan size and LTV)
– Interest only / 2-3 year initial term, with 12 month extensions available
– Future Advances are available for all related hard & soft property improvement costs

Eligible States:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Minimum population is generally 25,000 unless the town is within 25 miles of a city of 100,000 population.