KDM Financial
- Daniel Perera
Regional Account Executive
Rehab Loan | |
| Property Types | Multi Family |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $50,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 1 year, 2 year |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Fixed or Adjustable | Adjustable |
| Reserve Requirement | 12 months |
| Updated as of | 2024-07-15 |
Bridge Loan | |
| Property Types | Industrial, Multi Family, Office, Retail |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $30,000,000 |
| Terms | 2 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Updated as of | 2024-07-15 |
Long Term Commercial Loan | |
| Property Types | Industrial, Office, Self-Storage, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $30,000,000 |
| Terms | 25 year |
| Credit Score Min | 680 |
| Lien Position | 1st |
| Updated as of | 2024-07-15 |
Long Term Commercial Loan | |
| Property Types | Industrial, Office, Self-Storage, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $30,000,000 |
| Terms | 5 year |
| Credit Score Min | 660 |
| Interest Only or Amortized | Amortized |
| Lien Position | 1st |
| General Pricing or Guideline info | Full Doc Owner Occupied Loan Checklist • Year to Date Profit and Loss Statement • 2021, 2022 and 2023 Business Tax Returns • 2021, 2022 and 2023 Borrowers Personal Tax Returns • Borrowers Personal Financial Statement • Business Debt Schedule • Last 3 Months Business Bank Statements in a US Based Bank • Last 3 Months Personal Bank Statements in a US Based Bank • Copy of Primary Sponsors Driver’s License Address : 135 San Lorenzo Ave, Ste 600, Miami, FL 33146 855-KDM-LOAN 855-536 -5626 info@kdmfinancial.com Copyright © 2022 kdmfinancial.com All Rights Reserved. Korth Direct Mortgage LLC (NMLS ID 1579547) |
| Updated as of | 2024-07-15 |
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, Self-Storage, Warehouse |
| Lendding Area | alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, nevada, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, north-dakota, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, south-dakota, tennessee, texas, utah, vermont, virginia, washington, west-virginia, wisconsin, wyoming |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $100,000,000 |
| Points Minimum 1st TD | 2 |
| Terms | 3 years, 5 years, 10 years |
| Interest Only or Amortized | Interest Only, Amoritzed |
| Prepayment Penalty | 2 year |
| LTV Bridge | 65 |
| LTC Construction | 70 |
| Personal Guarantee /Recourse Required | Personal Guarantee Not Required / Non-Recourse |
| Intended Occupancy | Owner, Vacant, Tenant |
Offers fixed rate loans up to $100 million for, multifamily, office, retail, mixed use, self-storage, industrial, and other select other property types. As a non-bank capital source, we bring speed to the commercial lending process and help borrowers capitalize on more opportunities.
KDM Financial
KDM Financial is a middle market commercial mortgage lender offering financing from $1,000,000.00 to $100,000,000.00 on commercial real estate including multifamily, mixed-use, office, light industrial, self-storage and warehouse property types.
Our low doc program and common-sense approach gives KDM Financial the ability to provide our mortgage broker network an easy to use platform and a borrower friendly program. Our goal is to keep the approval process as simple as possible, from the initial screening to approval and all the way to closing.
Value-add Multi-family
• $1-$30 million, For loans above $30 Million please call for special pricing.
• Max LTV of 75% of appraised value or purchase price
• 80 % of the Capital Expenditures can be financed
• 1 or 2 Year interest only
• Floating rate over the 1m CME SOFR 425 to 550
• 1 or 2 year minimum interest
Owner Occupied
• $1-$30 million
• Max LTV of 75%
• 5 year Fully Amortized 25 or 30 years
• Industrial, manufacturing, office, warehouse, and self-storage
• No Depository Relationship
• 660 Minimum Credit Score
Small Business Program Owner Occupied
$1 - $30 Million
Max LTV of 90%
Amortizing 25 Years
Industrial, manufacturing, office, warehouse, and self-storage
Minimum credit score of 680
No Depository Relationship
Agency Multifamily (Fannie and Freddie)
Agency Guidelines and Rates
Fixed Rate
Acquisition
Refinance
Interest only and Amortized both available
Life Insurance Product
Retail, Industrial, Multifamily , Self Storage, Mobile Home Parks
3 and 5 Year terms
25 Year Amortization
$3 to $20 Million loan size
Borrower net worth/ 2x loan amount
Yield maintenance
.75% Rate lock at time of Commitment fee
Bloomberg Press release:
https://www.bloomberg.com/press-releases/2022-09-15/kdm-financial-ranks-388th-on-the-2022-inc-5000-annual-list-of-fastest-growing-companies
With our sharply focused approach to customer service and with over 80 years of combine commercial real estate experience we plan on establishing a new bar of excellence.
KDM Financial is located in Miami, FL. They offer financing for Commercial Loans. The property type they primarily lend against is Multi Family, Office, Industrial, Retail, Mixed use, Medical Office, Self-Storage and Warehouse. Their minimum loan amount is $5,000,000. Their maximum loan amount is $100,000,000. Maximum duration of 3 years;5 years;10 years. Points charged are deal specific, but historically have charged a minimum of 2.
These descriptions are limited information and meant for general reference purposes.