
Liberty Mortgage
2501 S. Trumbull Ave. Chicago, IL 60623
Phone: 708-713-6613 Email: libertymtgcorp@gmail.com
Main Menu Commercial Loans Rehab Loans Other Services Container Homes Loan Status USDA Lenders FormsCommercial Lenders
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,
Ready Capital
Permanent Debt Loan Program: Non-recourse, competitive fixed rate financing on stabilized
income producing, investor properties
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No origination fee
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Interest only options available.
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Cash out
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Foreign National Sponsors
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Fixed interest rate – market based spreads starting from 200 bps over relevant duration Swaps
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Core Program Loan Criteria:
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$750,000 to $10,000,000 (up to $25,000,000 on an exception basis)
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Eligible properties: Multifamily, office, retail, industrial, self-storage, single tenant, and mixed-use commercial.
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Markets – Top 100 MSAs with tertiary and rural markets considered on a case by case basis
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2-year to 15-year fixed rate terms / 15 to 30-years amortization
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Up to 75% LTV
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Yield maintenance or flexible step-down prepayment options
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Freddie Mac SBL Loan Criteria
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$1,000,000 to $7,500,000
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5, 7 or 10-year fixed rate term. 20 Year Hybrid ARM with initial 5, 7, 10 Year Fixed
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Up to 30-year amortizations
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Up to 80% LTV in Top and Standard Markets. 70% Small and Very Small Markets (75% for acquisitions)
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Partial interest only; full-term interest only may be available
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Yield maintenance or step-down prepayment options
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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.
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Portfolio financing available
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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.
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Loan amounts $1,000,000 to $7,500,000
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Multifamily – mixed use – income producing – investor properties
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6 months to 2-year primary term
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Interest rates generally 300 bps to 500 bps over LIBOR
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Partial or non-cash flowing assets
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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.
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Loan amounts $3,000,000 to $50,000,000
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Multifamily, mixed-use, retail, office, industrial
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Up to 5-year primary term
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Partial or non-cash flowing assets
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Up to 80% full LTC and up to 75% LTV
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No minimum DSCR or DY required
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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
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Sabal- Freddie Multi-Unit
Rep.
Phone:
844-894-SNAP
Email:
Web Site
Rates:
Silver Hill Commercial Loans
SunWest
Rep.
Patrick Fitzsimonds
Phone:
562-317-0106
Email:
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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
BMO Harris Bank - Chicago
Wells Fargo