QUALIFICATIONS

Commercial Real Estate

Collateral Required: Commercial Real Estate

Approval Amounts: $75,000-$10 million

Term: 12 months up to 30 years depending on program

Rates: Variable

Credit Requirements: Personal credit score 650+

To Use As Collateral:

  • Must own investment home or commercial property

  • Physical building with tenant

  • Equity in property

  • Monthly revenue to support repayment

  • Property needs to be in the business name

To Use For Purchase:

  • Personal credit score 660+ for first time investors

  • Personal credit score 620+ for business owner who has done at least 5 fix n flips in last 3 years

  • No outstanding judgements, tax liens, or bankruptcy in the last 3 years

  • Must have 25%-30% down payment plus closing cost

  • Cannot do primary residential

Deal Submission Requirements: Application, Real Estate Sheet, 3-6 months business bank statements, Personal financial statement

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