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Stronghill Capital

Long Term Commercial Loan
DSCR Investor Residential Lite Doc - LG302

Stronghill Capital

Summary of all Guidelines

Loan Types Commercial Loan
Property Types 2-4 Units, Mixed use, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $100,000
Loan amount Maximum $5,000,000
Terms 30 year, 15 year, 5 / 6 month ARM, 7 / 6 month ARM, 10 / 6 month ARM
Typical Days Required to Fund 11-15 Business days
Credit Score Min 640
Lien Position 1st
Max Points Charge by Broker 5
Prepayment Penalty No Prepayment Penalty, 5,4,3,2,1, 5,5,5,5,5, 1 year, 2 years, 3+ years
Documents needed Tax Returns - Business - 2 years
Intended Occupancy Tenant, Vacant
Reserve Requirement 3 months
General Pricing or Guideline info Minimum loan size for a 5-unit is $350K with 70% being the max LTV. Additionally, our minimum square footage for each unit is 400.
Updated as of 2024-02-13

Minimum loan size for a 5-unit is $350K with 70% being the max LTV.

Additionally, our minimum square footage for each unit is 400.

These descriptions are limited information and meant for general reference purposes.