Lending area:
Texas
Property type:
Commercial & Investment real estate
Collateral:
First mortgage
Loan size:
Loan size: $100,000 - $3,000,000
Loan term:
Up to 3 years
Amortization:
Interest-only monthly payments
Loan-to-value:
Up to 75%
Credit Score:
> 550
Documentation:
State income & assets; provide current financial statement
Prepayment penalty:
None
Use of proceeds:
Business use only
Rates:
Starting at:
10.875% + 1 point. Rate Sheet
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lending parameters.htm