Financed Investment Property where Borrower had Weak Credit Scores

-5-Unit Multifamily

-Loan Amount $440,000

– Strengths 67%LTV

– Strengths 1.27 DSCR

-Weaknesses: Borrower’s credit score was low (620) and weak credit history.

 

Give me a call today to finance your deal at 512-650-86230

 

                                                                        Alt A

Property Types:   Multifamily, Mixed Use, Retail, Lt Industrial, Self-Storage, Mobile Home Park.

Loan Amount:       $200,000 to $2,500,000.

Multifamily:           75% LTV
Commercial:           70% LTV

Terms:                       5 year hybrid term / 30 amortization
10 year hybrid term/30 amortization

Wishing You the Best,

Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
c: 512-354-5949
e: KarenSchimpf@gmail.com
www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/

website: http;//applycommercialloans.com
P.S.  I specialize in SBA and Alternative Commercial Loans.  I help entrepreneurs attain financing for their business or project. I BRING MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower’s strengths. I do it better than anyone.  Give me a call today at O:512-650-8630 or C:512-354-5949 to get your loan closed.

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Author: admin

Here’s A Little Bit About Me. 20+ years in the finance industry, I rose to the level of Assistant V.P. with Chase Manhattan. While working for Chase, I decided that I wanted to have residual income without having to quit my job. I bought my first apartment building in 1996, three days before my wedding. In 2001, I decided I would leave the corporate world and work for myself in a net branch environment. My passions are helping people get commercial mortgage loans. I also am passionate about investing, working out and being with my family and friends.