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Tag Archives: Balloon payment

TALK TO AN EXPERT… (877) 354-1842 SMALL BALANCE COMMERCIAL LENDING

BRIC, LLC. SMALL BALANCE COMMERCIAL,  DIRECT LENDING

Loan Amounts:                        $100,000- $3,000,000

Property Types:                       multifamily, mixed-use, office, retail, warehouse, self-storage, mobile home parks, automotive services

Loan Purpose:                          Purchase| Refinance| Refinance Cash Out

Initial Fixed Rates:                  3, 5 & 10 year options

Term:                                          30 year fully amortizing

Rates:                                          Starting as low as 7.5%

Loan to Value:                          75%

Debt Service:                            1.20

Minimum Fico:                        650

Prepayment:                            Equal to fixed rate period

Items Submission:                  Application 1003

Photos Property

2 years taxes on entity

Rent Rolls

IN A HURRY? CALL        (877) 354-1842

 

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Funding Takes Flexibility !!!

“Bankers push for added lending flexibility!”


Bankers are urging state legislators to amend a decades-old law they say has made it difficult to renew some loans – even for borrowers who are current on payments.

As a result, a growing number of bankers are saying goodbye to some of their best customers when loans come up for renewal.

In walks BRIC,LLC; garnering “Control & Flexibility

Specifically designed for today’s commercial financing needs…

Are you an owner of commercial property and in need of financial help!

  • Multi-Family
  • Retail
  • Office Spaces
  • Restaurants
  • Daycare’s
  • Funeral Home
  • Beauty Shop
  • Bar

Would you like to avoid

  1. Higher Rates
  2. Short Terms
  3. Balloon Payments
  4. No Principle Reduction

This in no way casts any dispersions on the many purposes “Hard Money” has, and is instrumental to the commercial real estate buying process.

Would a choice be nice right about now!

BRIC, LLC. would like to offer you that choice…

  • Non Prime Rates
  • National Lending Coverage
  • Fully Amortizing Loans
  • Comfortable 600 Min. Credit Score Requirements
  • Lower Monthly Payments
  • Stated Income Programs (self-employed)
  • Rates from 10.50% to 12.50% Fully amortized(no balloons)
  • Fast Closings

THEN CONTACT US NOW! 877 354-1842

 

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