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STATED COMMERCIAL LOANS

BRIC LLC Lending Guidelines
With our objective strategy and common sense underwriting approach, we aim to help you capitalize
on the growing opportunities in our small balance commercial niche. BRIC LLC’S flexible lending
guidelines were created to provide you with the best possible solutions for your borrowers.
Simple to submit. Simple to qualify. Simple to close.
LTV: Up to 70%
Loan Amounts $25,000 to $1,500,000
Loan Purpose • Purchase
• Refinance (rate/term & cash-out)
Fixed Period 3 & 5 year options
Minimum FICO 600 Middle Score
Pricing Rates starting as low as 6.99%
Term 30 year fully amortizing / 30 year loan
Prepayment Penalty Equal to the fixed period
The BRIC Advantage
• Simple loan documents
• No loan committees
• Common sense underwriting
• Permanent financing, NO balloons
• Quick Closings – 20-45 days!

Visit our website at http://www.thebric.net
Leave us an Inquiry and we will get right back to you!

 
 

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STATED COMMERCIAL LOANS

STATED COMMERCIAL LOANS

We are a Non Regional Funding Source for your clients “We have the ability to fund deals not located inside your local lending area.”

STATED INCOME COMMERCIAL FINANCING

BRIC LLC Lending Guidelines
With our objective strategy and common sense underwriting approach, we aim to help you capitalize on the growing opportunities in our small balance commercial niche. BRIC LLC’S flexible lending guidelines were created to provide you with the best possible solutions for your borrowers.

Simple to submit. Simple to qualify. Simple to close.
Loan Amounts $25,000 to $1,500,000
Loan Purpose • Purchase• Refinance (rate/term & cash-out)
Property Types • Class I: multifamily (5+ units) and mixed-use
• Class II: office, retail, warehouse, self-storage, automotive services
Debt Coverage Ratio Class I: 1.20 | Class II: 1.25
LTV Class I: 70% | Class II: 65%
Fixed Period 3 & 5 year options
Minimum FICO 600 Middle Score
Pricing Rates starting as low as 6.99%
Term 30 year fully amortizing / 30 year loan
Prepayment Penalty Equal to the fixed period
The BRIC Advantage
• Simple loan documents
• No loan committees
• Common sense underwriting
• Permanent financing, NO balloons

Visit our website at http://www.thebric.com
Leave us an Inquiry and we will get right back to you!
(877) 354-1842

 
 

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If you can answer these questions we will finance you!

Initial Answers Needed Via Qualifying:
What is the type of asset, size and age of property? (i.e. multi-family, office, retail, etc.)
Where is the location of the property? (i.e. city & state)
What is the scope of the transaction? (What are you hoping to accomplish?) (please describe in 3-4 sentences)
When did you purchase the subject asset and what was the purchase price?
What are you trying to trying to accomplish through this refinance? If this is a cash-out refinance, describe how the funds will be used.
What amount of funding is being requested?
What kind of terms are you seeking? (i.e. length, structure, etc.)
What is your timing on this transaction?
What is your current Net Worth and Liquidity?
Are you injecting any new (cash) equity as part of this transaction?
Who is the issuer and what are the terms, payments, balance, and maturity date on your current loan(s)?
Is there a balloon payment due? If so, what is the date?
Is there a pre-payment penalty still in effect?
Is the land involved with this subject transaction owned or leased? If owned, what is the appraised value/date of appraisal and can appraisal be supplied?

 
 

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STATED COMMERCIAL LOANS

STATED COMMERCIAL LOANS

STATED INCOME COMMERCIAL FINANCING

BRIC LLC Lending Guidelines
With our objective strategy and common sense underwriting approach, we aim to help you capitalize on the growing opportunities in our small balance commercial niche. BRIC LLC’S flexible lending guidelines were created to provide you with the best possible solutions for your borrowers.

Simple to submit. Simple to qualify. Simple to close.
Loan Amounts $25,000 to $1,500,000
Loan Purpose • Purchase• Refinance (rate/term & cash-out)
Property Types • Class I: multifamily (5+ units) and mixed-use
• Class II: office, retail, warehouse, self-storage, automotive services
Debt Coverage Ratio Class I: 1.20 | Class II: 1.25
LTV Class I: 70% | Class II: 65%
Fixed Period 3 & 5 year options
Minimum FICO 600 Middle Score
Pricing Rates starting as low as 6.99%
Term 30 year fully amortizing / 30 year loan
Prepayment Penalty Equal to the fixed period
The BRIC Advantage
• Simple loan documents
• No loan committees
• Common sense underwriting
• Permanent financing, NO balloons

Visit our website at http://www.thebric.com
Leave us an Inquiry and we will get right back to you!
(877) 354-1842

 
 

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BRIC LLC STATED COMMERIAL FINANCING

Stated Multifamily Financing
Simple Overview

Fast, efficient mortgage loan process
Purchasing transactions
Refinance – with or without cash-out
Mortgage amounts from $25,000 to $1,500,000 – higher or lower amounts available on a case-by-case basis
Secondary financing may be accepted on purchase transactions
Layered risk-based pricing to assure you most reasonable rates
Fixed and adjustable rates available
A number of prepayment alternatives help keep you in command
Assumable
Personalized customer service from beginning to end

Please take a few moments to stop by our website (www.thebric.com) and drop us a message or call and a small business loan specialist will contact you to discuss how we can help.

 

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STATED COMMERCIAL LOANS

ahenry@thebric.com

Acceptable Property Types

Multi-Family, Mixed-Use, Retail, Office, Auto Repair, Day Care, Funeral Homes, Beauty Shops,

STATED INCOME COMMERCIAL LOANS- 6.5% to 11.50%   loans from $25,000 to $1,500,000 

Terms 5yrs to 25 yrs; Fixed and Adjustable Rates

 
 

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STATED COMMERCIAL LOANS

Loan Programs & Commercial Mortgages
Apartment Building Mortgage Mixed-Use Building Mortgages Retail/Office Warehouse/Office Building Mortgages Auto Day Care / Hair Salons / Funeral Homes Hotel and Motel Mortgages

Loan Programs & Commercial Mortgages
BRIC LLC is the only true Smaller sized Lender. We are now happy to bring about loans as little as $25,000. (Real estate has to be worth minimum $75,000 to be considered). Furthermore we can write out loans to as much as $1,500,000
RATES 6.99% -11%

Visit our website at  http://www.thebric.net 
Leave us an Inquiry and we will get right back to you!

 
 

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STATED INCOME COMMERCIAL FINANCING

STATED INCOME COMMERCIAL FINANCING

BRIC LLC Lending Guidelines

With our objective strategy and common sense underwriting approach, we aim to help you capitalize on the growing opportunities in our small balance commercial niche. BRIC LLC’S flexible lending guidelines were created to provide you with the best possible solutions for your borrowers.

 

Simple to submit. Simple to qualify. Simple to close.

Loan Amounts $25,000 to $1,500,000

Loan Purpose Purchase

Refinance (rate/term & cash-out)

Property Types Class I: multifamily (5+ units) and mixed-use

Class II: office, retail, warehouse, self-storage, automotive services

Debt Coverage Ratio Class I: 1.20 | Class II: 1.25

LTV Class I: 70% | Class II: 65%

Fixed Period 3 & 5 year options

Minimum FICO 600 Middle Score

Pricing Rates starting as low as 6.99%

Term 30 year fully amortizing / 30 year loan

Prepayment Penalty Equal to the fixed period

The BRIC Advantage

Simple loan documents

No loan committees

Common sense underwriting

Permanent financing, NO balloons

 

Visit our website at www.thebric.com

Leave us an Inquiry and we will get right back to you!

(877) 354-1842

 

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BRIC STATED COMMERCIAL LOANS

BRIC STATED COMMERCIAL LOANS

 
 

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BRIC LLC COMMERCIAL LENDING

BRIC LLC COMMERCIAL LENDING

STATED COMMERCIAL LOANS

 
 

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