Property Types:

• Multi-family & mixed-use residential - no doc to $2.5 million+

• Multi-family & mixed-use residential - low doc to $5.0 million+

• Commercial and mixed-use commercial -  to $2 million+

• Retail

• Office

• Office condos

• Light industrial and warehouse

• Others on an exception basis

Ineligible Properties:

• Gas stations or auto repair

• Hotels or motels

• Funeral parlors

• Marinas

• Nursing homes

• Free-standing restaurants

• Single-purpose church or school buildings

• Farms or nurseries

• Construction or rehab projects

• Special use facilities

• Vacant land

• Golf courses

(NOTE: we have other lenders for the above ineligible property types)

Lending Areas (increasing all the time):

• All California

• Boston Metro

• Chicago Metro

• South Florida Metro

• New York Metro

• Philadelphia Metro

• Southern New Jersey Metro

• Northern New Jersey Metro

• Washington DC Metro

Loan Types:

• 10/15/20/25/30 year terms

• 15/10, 20/10, 25/10, 30/10 balloons

• Fixed or adjustable rates

• INDEX IS TREASURY BASED!

• Purchase/Refinance or Cash-Out

Credit Score Tiers:

• 700+ tier 1

• 660+ tier 2

• 620+tier 3

Debt Service Coverage Ratios Required:

• Multi-family & mixed-use residential: 1.20:1

• Commercial and mixed-use commercial: 1.20 for loans 1.0 million or less, 1.30 for over 1.0 million