Long Term Commercial Loan
- LG243
- LG243
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | 2-4 Units, Assisted Living, Condo, Industrial, Land Entitled, Mixed use, Mobile Home Park, Multi Family, Office, Retail, Senior Care - Residential Property, SFR, Strip Center |
| Lendding Area | california |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $5,000,000 |
| Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
| Typical Days Required to Fund | 5 Business days or less |
| Credit Score Min | 480 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st, 2nd, 3rd |
| Intended Occupancy | Tenant, Vacant, Owner Occupied Business Purpose |
| Fixed or Adjustable | Fixed |
| Recourse | Recourse and Non Recourse available |
| Updated as of | 2024-05-29 |
| Program Code | LG243 |
These descriptions are limited information and meant for general reference purposes.
