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All Forum Posts by: Gary Turner

Gary Turner has started 2 posts and replied 3 times.

Post: Approved to Build - Hillsboro, OR

Gary TurnerPosted
  • Lender
  • Vancouver, WA
  • Posts 5
  • Votes 1

Hi Dann,

When is a good time to have an initial phone discussion about your venture?

Thanks,

Gary

Post: Current general term sheet for 1-4 family.

Gary TurnerPosted
  • Lender
  • Vancouver, WA
  • Posts 5
  • Votes 1

RESIDENTIAL FIX & FLIP

Loan program, provides short-term funding for the acquisition of non-owner occupied 1-4 family residential properties. Cross-collateralization options are available for this program.

  • BASIC LOAN CRITERIA
  • Term12 Months
  • Loan Amount$50k to $2.5M+
  • LTVUp to 85% of the purchase price;
    Up to 65% Refinance;
    Up to 50% Cash-Out
  • Property TypesNon-owner occupied 1-4 family residential
  • FICONo set minimum

After Repair Value (ARV)

ARV program offers financing for up to 85% of the purchase price + up to 100% of the renovation costs, not to exceed 75% of the after repair value. Prior real estate investing experience is required to qualify for this product.

  • BASIC LOAN CRITERIA
  • Term12 Months
  • Loan Amount$75k to $2.5M+
  • LTV
Up to 85% of the purchase price +
up to 100% of renovation costs;
Not to exceed 75% of the ARV
  • Property TypesNon-owner occupied 1-4 family residential
  • FICO600 minimum
RESIDENTIAL FIX & LEASE

Bridge Financing For Rental Properties

Longer-term bridge financing for real estate investors who are looking to buy and hold non-owner occupied residential properties for rental income. A six-month extension is available for this product (a 2% fee will apply).

  • BASIC LOAN CRITERIA
  • Term18 Months
  • Loan Amount$50k to $2.5M+
  • LTV
Up to 85% of the Purchase Price;

Up to 65% Refinance;

Up to 50% Cash-Out

  • Property TypesNon-owner occupied 1-4 family residential
  • FICO660 Minimum

Buy-to-Rent Loans

Program offers a 24-month term, with a 12-month extension available, ensuring that our customers have rental property financing that goes the distance. (An extension fee applies)

  • BASIC LOAN CRITERIA
  • Term24 Months (12-Month Extension Available)
  • Loan Amount$50k to $2.5M+
  • LTV
Purchase – Lesser of up to 75% of the As-Is Value or Up to 75% Loan-to-Cost;
Refinance – Up to 70% of the As-Is Value
Cash-Out – Up to 65% of the As-Is Value
  • Property Types1-4 Family & Multi-Family Non-Owner Occupied Real Estate; Condos; Townhomes; 5+ Apartments; Mixed-Use Properties
  • FICO660 Minimum
  • Property Value”As-Is” Appraised Value Must Be Greater Than $75k
  • Rent Coverage Ratio1.25

Post: We can help with all types of commercial RE financing.

Gary TurnerPosted
  • Lender
  • Vancouver, WA
  • Posts 5
  • Votes 1

Our company is part of a large, multi-dimensional, national network of banks and private lenders. We are NOT geographically limited and with over 50 different lender programs available, we have very few limitations when it comes to the financing options and solutions we can offer our small business and CRE clients. We welcome both small and large project and business capital requirements.

You might have questions, now, about one of our many commercial financing programs, or perhaps we could be of value to you in the future. Either way, I’m writing to ask if could I please add you to my “stay in touch” contacts for future reference?

Thanks in advance,

Gary Turner

Senior Advisor

GantCapitalFunding.com

(360) 314 - 6857