Commercial Mortgages | Commercial Loans | Proof of Funds | Investor Loans | Multi-Family Loans | Commercial Broker

Our Business Objective:

Commercial Mortgage City Corporation provides solutions for investors and owners of commercial real estate . We offer flexible funding options for conventional, special purpose and unique properties. Our "common sense" underwriting provides the investor with resources to fund under served markets, credit challenged borrowers or properties that do not fit the narrow range of bank financing. The following chart provides an overview of our guidelines leading to a successful submission and loan closing

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Jeffrey Lustbader,

Tel: (561) 289-9892

RESIDENTIAL BRIDGE 1 - 4 UNITS

FOR INVESTOR'S

Purchase - Refinance - Construction

_______________________ BRIDGE ...Purchase ...Refinance ...Cash out	EXPERIENCED ______________ LTC% LTV% 80 80 80 80 75 75	NEW INVESTOR _______________ LTC% LTC% 75 75 75 75 70 70	RATES _______ Call	GUUIDELINES _________________ Minimum loan $100,000 Maximum loan $2,000,000
LIGHT CONSTRUCTION ...Purchase ...Refinance ...Cash out	90 90 80 80 80 75	80 80 80 70 75 65	Call	Track Record Experienced 3+ New 0 - 5
HEAVY CONSTRUCTION ...Purchase ...Refinance ...Cash out	80 80 80 80 80 75	NA NA NA	Call	Light construction Less than 50% of loan Heavy construction More than 50% of loan


COMMERCIAL ___________________ 1 - 4 Residential Investment Multi-family Mixed-use Warehouse Self-storage Automotive Light industrial Mobile home parks FICO: 650+ LTV: up to 80% Rates: Call Term 5 Year ARM 30 Year Fixed DSCR: 1.15 Prepay: 55555 555 54321 Adustments: Loan Size 15 year term 25 year term Prepayment Bank Statement loan Tier 2 30 Year fixed	_	Programs: Full Documentation No Documentation No Bank Statements No Tax Returns 1 - 4 UNITS ___________________ Minimum loan$100,000 Maximum loan: $2,000,000 Term: 30 Years / 5 Year ARM FICO: 650+ DSCR: 1.1 Prepay: Several options Rents: Lower of market or in place Borrowing Structure: Close in entity name Impounds: Taxes and Insurance LTV: Purchase up to 80% LTV: Refi up to 75% LTV: Cash-out up to 75% LTV % RATES* Call for details * Rate adjustments: Credit score LTV DSCR Property type - condo, 1 - 4 units, Borrower application must show: Cash to close 6 months reserves _________FOREIGN NATIONAL_________ Documents must show 9 Months PITI SUBMISSION DOCUMNTS REQUIRED Application Rent Roll Operating Statement Driver's License We do not lend in the following states: AZ ID NV OR MN UT ND NE VT SD AK HI

Our Business Objective:

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