Bank Turndown "Low Doc" Investor and Commercial Lending

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According to recent reports, while exact figures vary, a significant portion of commercial real estate loans are currently being denied by banks, with some estimates indicating that around half of loan applications are being rejected due to tightening lending standards and concerns over market volatility, particularly in the office sector; this is largely driven by rising interest rates and potential property value declines.

We offer:

Portfolio Investor and Commercial Lending (Low Documentation)



  • Qualifying based solely on Lease Agreements and/or Rent Schedule
  • No Business or Personal Tax Returns or P&L Statements
  • Loan Amounts up to $5,000,000
  • 30 Year Fixed Rate with Interest Only Option and No Balloon
  • Fico Scores as low as 650
  • 1 Day Seasoning for Ownership or BK
  • Non- Recourse



Property Types


  • SFR, Condo and 2-4 Units
  • Bridge Acquisition and Construction
  • Rental Portfolio
  • Office, Retail, Warehouse
  • Multifamily, Mixed Use
  • Self Storage, Automotive


* Options Available up to $35,000,000


Feel free to contact me with any questions or scenarios



Visit us at www.McCormickLendingGroup.com


Residential-Commercial-Portfolio-Private Lending 


Bob McCormick, President

 

Toll Free 800-328-0144



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