Commercial
/ Residential Investment Property Soft Money Loan
General Range of current Terms: Up to 70% LTV Rates starting at 6.99% w/ 1 point (Par Priced Loans available) Stated Income-No Tax Returns 640+ FICO Residential - NOO. No substantial rehabs. $150k- $1.5M Commercial $150k - 5M 10% seller carry allowed for purchase 25% Min from borrower. CRE soft money loan documents download: CRE hard money loan application Personal Financial Statement Borrower credit signature authorization - if you have a current Tri-Merge, please submit it with your application. SREO With above application docs we will also require 3 years I&E and P&L, interior and exterior digital photos, LOE for any derogs, Tri-Merge credit report, 3 years to current tax returns, and please detail any time constraints. We may require BOV with comps and demos. This may or may not substitute for an appraisal depending upon individual lender requirements. If an appraisal was performed within the past 6 months please submit with application. Submit documents to submit@michaellewisgroup.com or send us a drop box link via email for all completed documents. |
CONSULTANT REPRESENTS THAT IT
IS NOT A LICENSED SECURITIES DEALER, AND THAT ANY
AGREEMENT MADE BETWEEN PARTIES IS NOT INTENDED FOR THE
PURPOSE OF BUYING, SELLING OR TRADING SECURITIES. |