Long Term Commercial Loan
6 month to 5 year
Program #LG48
6 month to 5 year
Program #LG48
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | 2-4 Units, Automotive, Bar, Cannabis Related, Car Wash, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Medical Facility, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $5,000,000 |
| Interest Rate Minimum | 10.5% |
| Points Minimum 1st TD | 2 |
| Terms | 6 month, 1 year, 2 year, 3 year, 4 year, 5 year |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Fees | Appraisal |
| Extensions Available | Considered based on Performance, Built-in |
| Updated as of | 2024-04-06 |
These descriptions are limited information and meant for general reference purposes.
- Ross Sagall
Analyst
- Jack Miller
- Michael Kelman
