Nationwide Originator Of Soft Hard Money Mortgages
P.O. Box 1046
Laurel, MS 39441
Phone: 601-428-1005 Fax: 601-649-7116
PURCHASE RENOVATIONS COMMERCIAL
REFINANCE DEVELOPMENT LAND
BRIDGE OPERATING CASH OUT
EQUITY / VENTURE CAPITAL EQUIPMENT
CAPITAL BUSINESS NEEDS FINANCING
Depending on type of loan and program, rates at Prime or below up to 14
percent or more.
Total Points Which May Be Rolled Into The Loan 1 to 10
A-B-C-D credit will be considered Prior discharged bankruptcies or
Reasonable Commitment Fees Ranging From 1/2 Point to 1 Percent of Loan
Amount. Paid Only After Package is Initially Underwritten.
The Terms Available Will Depend on The Type of Loan Program. Such as
Conventional, Hard Money, Etc. Short Term Hard Money Loans Could Be 12 to
60 Months With Ballon. Conventional Loan May Be 15 to 30 Years.
10 to 100 Percent Maximum LTV Depending on Type of Project.
$500,000 and Over
Foreclosure and Bankruptcy are OK
In Most Cases, The Borrower Must Have Real Cash or Equity In The Property.
There are Some Exeptions to This Depending on The Project.
Must Have a Realistic Exit or Loan Payoff Strategy on Short Term Hard Money
Most Property Types Accepted: Apartments, Church, Offices, Subdivsion
Development, Gas Stations, Land Only, Marina, Mobile Home Park, Restaurant,
Motel/Hotel, Owner Occupied Single Family, C-Stores with Gas, Mini Storage,
Residential Property On A Deal-by-Deal Basis Due To Bankruptcy and
Lending Laws of Each State
Raw Land - Will Go 40% to 60% LTV on the Appraised Value
Business Loans of All Types.
To Get Started, All We Need is a Completed Executive Summary Form