LOAN LIMITS |
$100,000 – $3,000,000 |
PROPERTY
TYPES |
- Hotel / Motel
- Flagged / Non-Flagged
- Interior / Exterior Corridor
- <125 units
- Newer Properties preferred (less than 20 years old)
|
LOAN TYPES |
- Purchase
- Refinance
- Cash Out Refinance
|
MAX LTV |
- 85% Owner Occupied Purchases (SBA 504)
- 65% Purchase (Non-SBA, up to 85% CLTV)
- 65% Refinance / 60% Cash Out Refinance
|
LOAN TERMS |
- 25 years fully amortized
- 20 years fully amortized
|
MIN FICO |
|
AVAILABLE
PROGRAMS |
- 5 YR Fixed
- SBA 504
- Adjustable
- Conversion
|
THE
CMP Commercial
DIFFERENCE |
- No Balloon Payment
- Referral source 100% protected
- Flexible Underwriting
- No Lender Points
- Quick Closings
- Simple Documentation
- Rate locks available at no cost
|