Long Term Commercial Loan
Private Money - LG488
Private Money - LG488
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Car Wash, Church, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Facility, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Low Income, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 13% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 4 |
| Terms | 15 year, 30 year |
| Credit Score Min | 600 |
| Prepayment Penalty | No Prepayment Penalty |
| Updated as of | 2022-01-01 |
| Program Code | LG488 |
These descriptions are limited information and meant for general reference purposes.
