No Doc Loansrequire limited documentation from the borrower. These loans are often used by small business owners seeking financing for their LLCs. These loans may have lower interest rates and more lenient terms than traditional ones. They are intended to provide a fast and convenient way to obtain capital with minimal paperwork.
Purchase or re-finance or cash out financing
Flexible Loan Terms 15, 25 and 30 year amortization
30 Year Fixed and Adjustable Terms
Up to 75% Loan to Value
Multi-Family, Mixed Use, Retail Office and Light Industrial
First mortgage loans are secured by unstabilized commercial property with vacant or under-utilized space. This property may need exterior or interior capital improvements to be later re-financed into a permanent loan.
Most bridge loans are non-recourse.
Bridge loans can include reserves for capital improvements
Land Loans are long term amortized with short term expectation of turning into a construction loan.
Both are temporary solutions to prepare the project for longer terms financing.
