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Updated almost 10 years ago on . Most recent reply

User Stats

900
Posts
230
Votes
Karen Schimpf
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
230
Votes |
900
Posts

Financed Investment Property where Borrower had Weak Credit Scores

Karen Schimpf
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
Posted

-5-Unit Multifamily

-Loan Amount $440,000

- Strengths 67%LTV

- Strengths 1.27 DSCR

-Weaknesses: Borrowers credit score was low (620) and weak credit history.

Give me a call today to finance your deal at 512-650-86230

Alt A

Property Types:   Multifamily, Mixed Use, Retail, Lt Industrial, Self-Storage, Mobile Home Park. 

Loan Amount:       $200,000 to $2,500,000.

Multifamily:          75% LTV
Commercial: 70% LTV

Terms:                    5 year hybrid term / 30 amortization
                               10 year hybrid term/30 amortization


--

Wishing You the Best,
 
Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
c: 512-354-5949
e: [email protected]
www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/
website: http;//applycommercialloans.com


P.S.  I specialize in SBA and Alternative Commercial Loans.  I help entrepreneurs attain financing for their business or project. I BRING MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower's strengths. I do it better than anyone.  Give me a call today at O:512-650-8630 or C:512-354-5949 to get your loan closed.

  • Karen Schimpf
  • Offering

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