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commercialmortgagecity.com

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commercialmortgagecity.com

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  • Contact
  • Proof of Funds
  • About
  • Stated Guidlines
  • Mixed Use
  • Residential
  • Multi-family
  • Mortgage Terms
  • MISC
    • Assisted Care and Medical
    • Automotive Services
    • Industrial Properties
    • Warehouse & Self Storage
    • Retail Buildings
  • Brokers / Realtors
  • Forms/Documentation
  • More
    • Home
    • Apply Here
    • Contact
    • Proof of Funds
    • About
    • Stated Guidlines
    • Mixed Use
    • Residential
    • Multi-family
    • Mortgage Terms
    • MISC
      • Assisted Care and Medical
      • Automotive Services
      • Industrial Properties
      • Warehouse & Self Storage
      • Retail Buildings
    • Brokers / Realtors
    • Forms/Documentation
  • Home
  • Apply Here
  • Contact
  • Proof of Funds
  • About
  • Stated Guidlines
  • Mixed Use
  • Residential
  • Multi-family
  • Mortgage Terms
  • MISC
    • Assisted Care and Medical
    • Automotive Services
    • Industrial Properties
    • Warehouse & Self Storage
    • Retail Buildings
  • Brokers / Realtors
  • Forms/Documentation

Residential Investor

Residential Investor

 Solution for investment properties

  • Common-sense underwriting, they're simpler than ever to close.
  • Current Rate: 6.75%
  • 1 to 4 Unit residential properties
  • Must be non-owner occupied
  • Must close in entity name


Apply Here

 Other Program Guidelines:

  • Good Faith Deposit (Appraisal Dep.) required for third party reports: $500.00.
  • Lender to order all appraisals through preferred network
  • Impounds for property taxes and insurance required
  • CLTV = Max Matrix LTV
  • Loans are assumable at Lender's discretion - 1% fee
  • Loan is adjustable over WSJ Prime after fixed period
  • Rate locked when Lender draws docs
  • Not available: AK, GA, HI, IL, MN, MI, ND, SD, TN, UT, VT
  • $5 Million maximum cumulative loan amount to one borrower


Jeffrey Lustbader 
Tel (561) 488-4830
Cell / Text: (561) 289-9892
jeff@commercialmortgagecity.com

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