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Liberty Mortgage

2501 S. Trumbull Ave. Chicago, IL 60623
Phone: 708-713-6613 Email: libertymtgcorp@gmail.com
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Commercial Lenders

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  • Apex-Applied For

    Rep.

    KevinM. Vanic


    Office Phone:

    800-262-2739 ext. 268

    Direct Phone:

    267-470-1917

    Email:

    Web Site:

  • Cogo Capital (Private Money Loans)

    LO

    Alison Arnold

    Phone:

    800.473.6051 EXT 1178

    Email:

    Programs:

    Investor Loans

    Web Site

  • Finance Of America Commercial

    Rep.

    Patti Kaiker


    Office Phone:

    630-215-6813

    Email:

    pkaiker@financeofamerica.com

    Web Site:

    Web Site:

    Login:

    financing,information@comcast.net

    Pssword:

    B5jAzq5H

    Programs

    Fix & Flip (10% & 5%)

  • Patch Of Land

    LO

    Joe Zaniboni

    Phone:

    760-994-6693

    Email:

    Web Site


    Programs:

    Investor,Fix & Flip, Rental and Commercial Loan Programs

  • Ready Capital

    Permanent Debt Loan Program: Non-recourse, competitive fixed rate financing on stabilized

    income producing, investor properties

    1. No origination fee

    2. Interest only options available.

    3. Cash out

    • Foreign National Sponsors

    • Fixed interest rate – market based spreads starting from 200 bps over relevant duration Swaps

    • Core Program Loan Criteria:

      • $750,000 to $10,000,000 (up to $25,000,000 on an exception basis)

      • Eligible properties: Multifamily, office, retail, industrial, self-storage, single tenant, and mixed-use commercial.

      • Markets – Top 100 MSAs with tertiary and rural markets considered on a case by case basis

      • 2-year to 15-year fixed rate terms / 15 to 30-years amortization

      • Up to 75% LTV

      • Yield maintenance or flexible step-down prepayment options

    Freddie Mac SBL Loan Criteria

      • $1,000,000 to $7,500,000

      • 5, 7 or 10-year fixed rate term. 20 Year Hybrid ARM with initial 5, 7, 10 Year Fixed

      • Up to 30-year amortizations

      • Up to 80% LTV in Top and Standard Markets. 70% Small and Very Small Markets (75% for acquisitions)

      • Partial interest only; full-term interest only may be available

      • Yield maintenance or step-down prepayment options

      • Multifamily housing with five residential units or more, including conventional housing with tax abatements and Section 8 vouchers and properties with space for certain commercial (non-residential) uses.

      • Portfolio financing available

    Bridge To Freddie Mac Takeout

    Ready Capital has introduced a “Bridge to Freddie” loan strategy which allows for Borrowers to acquire properties, that do not currently meet Freddie Mac SBL criteria, using a short-term bridge loan.

    • Loan amounts $1,000,000 to $7,500,000

    • Multifamily – mixed use – income producing – investor properties

    • 6 months to 2-year primary term

    • Interest rates generally 300 bps to 500 bps over LIBOR

    • Partial or non-cash flowing assets

    • No minimum DSCR or DY required

    Bridge

    Ready Capitaloffers a bridge program for both multifamily and multipurpose commercial property types nationwide. The target transactions are quality properties that require short-term bridge financing for a variety of reasons.

    • Loan amounts $3,000,000 to $50,000,000

    • Multifamily, mixed-use, retail, office, industrial

    • Up to 5-year primary term

    • Partial or non-cash flowing assets

    • Up to 80% full LTC and up to 75% LTV

    • No minimum DSCR or DY required

    • Up to 1% origination fee and 1% exit fee

    Initial Documents Needed for Pricing

    • Current rent roll
    • 2 years of operating statements with Year-to-Date
    • Trailing 12-month operating statement
    • P & S Agreement if applicable
    • Proforma with capital expenditure schedule if applicable

    Michael Boggiano

    Vice President, CRE Lending

    Ready Capital Corporation

    1320 Greenway Drive, Suite 560, Irving, Texas 75038

    (M) 954-980-4757

    michael.boggiano@readycapital.com

    www.readycapital.com

  • Sabal- Freddie Multi-Unit

    Rep.

    Phone:

    844-894-SNAP

    Email:

    Web Site

    Rates:

  • A sign that says reverse mortgage loans.

  • Silver Hill Commercial Loans

    Rep.

    Jennifer Sarafinski (Klonis)

    Phone:

    215-793-8831

    Email:

    Web Site

    Forms:

    Note: Gifts Of Equity allowed on transfer of Property
  • SunWest

    Rep.

    Patrick Fitzsimonds

    Phone:

    562-317-0106

    Email:

    .

    Programs:

    5 Units & Up

    Loan Amounts $1 to$6 Million

SBA & Non Conforming Lenders

  • ALTM

    Rep.

    Harold Hall

    Ex. V.P New Business Development

    Office Phone:

    610-537-7786

    Email:

    Web Site:

    * Conventional Loans / Full Doc

    * Stated Inc. Loans/No Taxes Required/LimitedDoc/Com. & Res. Properties

    * SBA Loans 7A and 504

    * Fix and Flip / Fix and Lease 85% of PurchasePrice and 100% of Rehab Costs

    * Construction Loans 85% of total cost. 100% in some cases

    * Hard Money that is not so Hard with rates starting at 8%

    * Business Loans with or without Real Estate

    * Medical Account Receivables

SBA Lenders

Under $250,000.00