Secrets of Commercial Mortgage Financing
You have the down payment funds and credit to purchased a 5+ unit apartment building. Or you want to buying a building for your business. Or you need to refinance your commercial loan to a lower rate or pending loan reset.
What are the next steps you need to consider?
How is a DSCR calculated?
Formula = Net Operating Income / Debt Service
Most banks like a property with a minimum DSCR at 1.20%
I) As a Commercial mortgage broker, Golden Mortgage has many commercial mortgage outlets to help finance your property. Take the opportunity to lock into low commerical mortgage rates before the Federal Reserve raises rates. FULL DOCUMENTATION ONLY for property types listed below. $200,000 minimum loan.
II) Small Business Administration Loans 90% financing
III) STATED PROGRAMS are available (Business loans up to $500,000) close in 10 days. Rates start at 5.49%.
Loan Servicing Modification?
Unable to obtain a commecial loan from your conventional bank? We have bridge loan options which can provide you some relief. Buy some time to restructure your business.
But you will need to have:
Call us at 908-722-9217 to discuss your commercial loan or complete the inquiry form.
We've been helping customers afford the home of their dreams for many years and we love what we do. Option to close electronically from the safety of your home, anytime, anywhere.
818 US Highway 202/206
Bridgewater, New Jersey 08807-1704
Call us today: 800-327-0123
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