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Program Guidelines and Document Checklist![]() Download these Guidelines as PDF HERE (right-click save as) ![]() Download this Checklist as PDF HERE (right-click save as) Commercial Mortgage ApplicationsCommercialMortgageFinancing.com offers the following two loan programs (more programs will be added soon). Choose from the following applications: Commercial Lending Program: Conventional
Commercial Application To apply for a loan, simply: 1.) Click on an application of your choice above. Commercial Mortgage/Bridge Loan What is a Commercial Mortgage/ Bridge Loan? A "Commercial Mortgage/Bridge Loan" loan is an asset based loan based on the collateral value of a commercial property. Almost any asset is up for consideration, be it real estate or other commercial property. Other properties include negotiable securities, accounts receivables, equipment, inventory, etc. Typically, "Hard-Money" lender (HML) funds fast, usually within one to three weeks. Credit is not considered in making a loan. It's the collateral value the counts and most HML will lend up to 60% loan-to-value. The term of the loan is short, usually 6 months to 3 years. Rates vary from 10% to 18% per annum. Points vary from as little as 3% to as high as 10% (or even more in some cases). Typically, HML's charge points going in and points when exiting the loan. Kevin S. Clark |
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