Programs
- Multifamily & mixed-use 30-year: up to 75% LTV, $5MM max, rates from 9.665%
- Commercial 30-year fixed (office, retail, warehouse, self-storage, automotive): up to 70% LTV
- Fast50 commercial: 50% LTV with simple credit qualification, rates from 10.165%
- Rate buydown and prepayment buydown on every program
- Secondary financing allowed to 90% CLTV
Why lite doc
Traditional commercial loans require years of operating statements and a DSCR that works today. That's a problem for owner-users, properties in transition and investors who don't want to share financials. Lite-doc commercial loans are underwritten on the property's value and your credit instead.
No-Doc Commercial Loans: terms at a glance
| Loan amount | $100,000 – $5,000,000 |
|---|---|
| Multifamily / mixed-use | Up to 75% LTV |
| Commercial | Up to 70% LTV |
| Term | 30-year fixed, no balloon |
| Documentation | No rent roll, P&L or tax returns |
| Foreign nationals | To 65% LTV |
Terms shown are representative and subject to underwriting, appraisal and state availability. All loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.