Program S - Stated Income/Stated Assets
$100,000-$1,500,000 up to 2,000,000 with Exceptions

Class I ( 80%LTV),Class II( 75%LTV) Class III ( 55%LTV) properties

• Purchase, Refinance &Cash out Refinance
• Up to 80% LTV 3, 5,10,20 & 30 yr Fixed
• Fully amortized for 20 & 30 yrs (no balloons)
• No DSCR requirement under 575,000
• No seasoning required of funds
• Most property types
• Fast closings 30 days or less
• Assumable with NECL's approval
• Rate Start 8.125%
• No Tax Retruns Required
• Fico AS LOW AS 550

        For Submission forms   Click HERE

        For Rent Roll forms       Click HERE

        For Expense forms       Click HERE

Program F – Full Doc
$100,000-$2,500,000 up to 3,000,000 with Exceptions

Class I ( 80%LTV),Class II( 75%LTV) Class III ( 65%LTV) properties

• Purchase, Refinance &Cash out Refinance
• Up to 80% LTV 3, 5,10,20 & 30 yr Fixed
• Fully amortized for 20 & 30 yrs (no balloons)
• No seasoning required of funds
• Most property types
• Fast closings 45 days or less
• Assumable with NECL's approval
• Rates start 6.99%
• 2 Years of Business and Personal Tax Retruns Required

        For Submission forms   Click HERE

        For Rent Roll forms       Click HERE

        For Expense forms       Click HERE

SBA 504
$200,000-$4,000,000

        Purchase, Refinance & Cash out Refinance            

• 90% Owner Occupied Purchases (SBA 504)
• 65% Purchase (Non-SBA, up to 90% CLTV)
• 65% Refinance / 65% Cash Out Refinance
• 25 years fully amortized
• 20 years fully amortized
• 15 years fully amortized (Car Washes Only)
• Fast closings
• Declining pre-pay No-lock out
• Rate locks available at no cost
• 650+ credit score
• 3 Years of Business and Personal Tax Retruns Required

____________________________________________________________________________________      

Up To 90% LTV Owner Occupied  for more details Click HERE For Submission forms Click HERE

Most commercial property types considered.(No Land)

___________________________________________________________________________________

LIMITED - USE PROPERTIES         for more detailsClick HERE

For Submission forms Investment Click HERE  Owner Operated Click HERE

____________________________________________________________________________________

MULTI-USE PROPERTIES              for more detailsClick HERE

For Submission forms Investment Click HERE  Owner Operated Click HERE

____________________________________________________________________________________

HOSPITALITY                                for more detailsClick HERE

For Submission forms Investment Click HERE  Owner Operated Click HERE

____________________________________________________________________________________

SBA Submission Form                   For Submission forms Click HERE

SBA Property Types   

LIMITED - USE PROPERTIES

Automobile Dealerships

Automotive Service and Repair

Assisted Living Facilities

Grocery Stores and Markets

Educational / Day Care

Car Wash (Full Service and Coin Op)

Funeral Homes

Restaurants

Bowling Alleys

Properties with excess land

RV Parks

MULTI-USE PROPERTIES

Commercial

Industrial Office

Warehouse

Mixed Retail with Office

Mixed Use Commercial and Residential

Light Manufacturing & Industrial Office

Office Condo

Industrial Condo

Dental Office

MedicalOffice

Retail

HOSPITALITY

Hotel/Motel Flagged

Non-Flagged Interior

Exterior Corridor

<125 units Newer properties preferred (less than 20 years old)