Long term and short term (interim) financing available
- The minimum loan is $200,000.
- The maximum loan is NONE
- First lien mortgages only.
- The maximum loan to value is 75%.
- Site inspection, commercial appraisal, audited or reviewed financials, environmental assessments, as well as legal fees are usually required.
- The maximum loan is 4-times gross income. Gross income does not include non-recurring items such as special contributions or building funds, etc.
- No prepayment penalty
- Monthly payment should not exceed 35% of gross ordinary income.
