Draw available equity from an income-producing commercial property anywhere in the USA. Restructure existing commercial debt. Have a commercial loan maturing. We specialize primarily in loans for INCOME PRODUCING PROPERTY in CA and the Western U. Loan amounts in California from 100,000. Loans outside of CA from 500,000. Apartment Buildings Senior Living Centers Office and Medical Buildings Multi-Unit Retail Mixed-Use properties Storage Units Mobile Home Parks Hotel Motel, Resorts.
Occassionally, we arrange financing for other specialty properties, but mostly in CA and the western U.
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However, when you put down less than 20, you will still need mortgage insurance (MI). The amount may be less than what you would pay for a government loans with the same down payment, depending on your credit profile, and other factors.
Lower Mortgage Interest Rates. Private lenders may compete for your business if you are deemed a good credit risk because of income, credit score and other factors. Because of this, you may be able obtain a more attractive interest rate. Compare Lender Fees.
Conventional loans are offered through private lenders and the fees are not set by the government.