Key Benefits
- *Residential & Commercial - All 50 States *Firsts & 2nds
*Home
Improvements *Construction *Apartment Complexes *Prime & Sub Prime Credit
Capabilities:
- Capability 1
-
- Exact interest rate and term are contingent on borrower's debt service
versus earnings, prior credit history and property loan to value ratio. A
specific quote can be made upon receipt of a complete submission package.
- Capability 2
-
- Commercial 1st’s are a different breed. In most cases the lender relies
on the income producing power of the property rather than just its appraised
value. The length of the loan can vary from 5 to 25 years, with 5-year
loans, for example being amortized over 20 to 25 years, with the balance due
& payable or refinanced after the 5th year.
- Capability 3
Rate and term is dependant on the type of property, (i.e. apartment
building, warehouse, office building, etc.), appraised value and cash flow.
Client will receive a written quote upon receipt of a complete
submission.
Second Mortgages - Income Property
Qualifications for a commercial 2nd depends on the property income.”
Positive" cash flow is a must for approval.
Send mail to
sqrddez2510@rsqrddesigns.com with
questions or comments about this web site.
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