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Non-Recourse Commercial Financing

Non-Recourse Commercial Financing
Property types: Apartment Complexes, Self Storage Facilities, Shopping Centers, Mobile Home Parks
Loan Proceeds : Acquisition, Refinance, Cash-out
NO PERSONAL GUARANTEES
Size: Greater than $1 Million
Fast Close: 45-60 Days
Debt Service Coverage: 1.25%
LTV: 65% – 75%
Term: 25 – 30 Years
Interest: Fixed Rate @ 6.0% – 7.9%
Lender Points: None
The appearance is not a factor for approval. However, the property MUST be cash flowing. Local and regional banks can NOT match these terms.

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