Loan Services
Alternative Bank Solutions
secure financing when the Banks Say No.
Commercial Loan Program
- Purchase/Cash-Out/Refinance
- Loan Amount: $100K – $2MM
- Terms: 5-Year ARM and 30 Year Fixed
- Rates: Starting at 4.75
- Amortization: 15, 25, 30
- Max LTV <$500K: 75% >$500K: 70%
- Min FICO: 650
- Min DSCR: Owner Occupied: 1.2* Investor: 1.15**
- Stabilization: 75% occupancy required over a 90-day trailing UW period**
- Underwriting Method: Owner-Occupied – Global DSCR, Investor: Property DSCR
- Documentation: 2 years personal and business tax returns
- Eligible Properties: Tier I: Multifamily, Mixed-Use (primary residence)
Tier II: Retail, Mixed-Use (primary comm), Warehouse/Self-Storage, Office, Light Industrial, Automotive, Mobile Home Park
- Pre-Payment Penalty: 5% for 5 years, Declining 5%, 4%, 3%, 2%, 1%
*Debt service requirement is based on borrower’s FICO score and may be higher than figures shown.
**Not applicable if property is purchased as a new space or expansion.
Lite Doc Loan Program
- Purchase/Cash-Out/Refinance
- Loan Amount: $100K – $2MM
- Terms: 5-Year ARM and 30 Year Fixed
- Rates: Starting at 4.75
- Amortization: 15, 25, 30
- Max LTV <$500K: 75% >$500K: 70%
- Min FICO: 650
- Min DSCR: Investor: 1.15*
- Stabilization: 75% occupancy required over a 90-day trailing UW period**
- Underwriting Method: Investor: Property DSCR
- Documentation: No tax returns, Appraisal reviewed and property cash flow
- Eligible Properties: Tier I: Multifamily, Mixed-Use (primary residence)
Tier II: Retail, Mixed-Use (primary comm), Warehouse/Self-Storage, Office, Light Industrial, Automotive, Mobile Home Park
- Pre-Payment Penalty: 5% for 5 years, Declining 5%, 4%, 3%, 2%, 1%
*Not applicable if property is purchased as a new space or expansion
The A+ Program
The A+ program is designed for small business owners and property investors with good credit and solid financials who are unable to obtain bank financing.
With both standard and top tier options, the A+ program is a great choice for your best non-bankable borrowers. Loan over $1 million only available in major MSAs.
Rate | Starting at 5.25% |
Loan amount | $125,000 to $1.5 million |
Loan term | Standard: Fixed rate terms of 1, 3 or 5 years with 15-year maturity Top Tier: Hybrid fixed for 3 or 5 years, then adjusts monthly; 30-year amortization with 10-year maturity |
Max LTV | 65% – varies by property type |
Prepayment Penalty | 5, 4, 3, 2, 1 declining 3, 2, 1 declining 5, 3 declining |
Credit | 700+ |
Collateral | Multifamily, Mixed use, Professional office space, Retail store- strip/free standing (case by case basis), *Office Warehouse (case by case basis) |
* Not eligible in standard A+ program
The Core Program
Designed with small-business owners and commercial property investors in mind.
Fixed and adjustable rates are available. Loan over $1 million only available in major MSAs.
Rate | Starting at 8.99% |
Loan amount | $125,000 to $1.5 million |
Loan term | 5-25 years |
Max LTV | 70% – varies by property type |
Prepayment Penalty | 5, 4, 3, 2, 1 declining |
Credit | 600+ |
Collateral | Apartment buildings, Office buildings, Multifamily, Retail, Mixed use, Hotel/motel, Recreational, Day cares, Hair salons, Auto repair/auto body, Funeral homes, Office/warehouses, Mobile home parks, Garage/storage, Bar/Restaurant |
Story Loans/Credit Challenged
Many small business owners are unable to obtain bank financing for a variety of reasons. We understand the unique obstacles that these borrowers are more than their credit score or past financial challenges.
We’re willing to listen to their stories so that we can fully understand their situations and provide them with the best possible mortgage solutions.
Rate | Starting at 10.5% |
Loan amount | $25,000 to $350,000 |
Loan term | 5-25 years |
Max LTV | 65% – varies by property type |
Prepayment Penalty | 5, 4, 3, 2, 1 declining |
Credit | Under 600 or other credit challenges |
Collateral | Apartment buildings, Office buildings, Multifamily, Retail, Mixed use, Hotel/motel, Recreational, Day cares, Hair salons, Auto repair/auto body, Funeral homes, Office/warehouses, Mobile home parks, Garage/storage, Bar/Restaurant |
Non-profit Program
Securing financing for non-profits is often a challenge, but we understand the needs of these organizations and have a program designed for them.
This is a low-doc program. Personal guarantors are required on a case-by-case basis.
Rate | Starting at 10.5% |
Loan amount | $25,000 to $400,000 (May consider higher loan amounts) |
Loan term | 5-25 years |
Max LTV | 60% – varies by property type |
Prepayment Penalty | 5, 4, 3, 2, 1 declining |
Credit | 600+ |
Collateral | Houses of Worship, VFWs, Union halls, Office buildings, Retail |
