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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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Utilize BRIC LLC as YOUR CLIENTS EXIT STRATEGY

Non Bankable Clients 65%-70% Max LTV

 

600 credit score stated products rates start at 6.99- 11.99 5yr fixed and 30yr fixed options

 

Property Types

Apartment Building Mortgage Mixed-Use Building Mortgages Retail/Office Warehouse/Office Building Mortgages Auto Day Care / Hair Salons / Funeral Homes Hotel and Motel Mortgages/ 2-4 Units Single Family Residences

 

 

600 credit score SBA 7a products 25% owner occupied prime + 2.75 quarterly variable

 

Property Types

Properties such as

convenience stores, retail establishments, medical offices, and other unique property types

 

PERMANENT FINANCING IS RIGHT AROUND THE CORNER!

 

PHONE (877) 354-1842 /FAX (866) 213 7633 processing@thebric.com

Utilize BRIC LLC as YOUR CLIENTS EXIT STRATEGYNon

 
 

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BRIC LLC STATED COMMERCIAL LOANS…

BRIC LLC…

 

As a self-employed business owner, are you aware that we specialize in small business loans?

 

If not, please allow me this opportunity to inform you that BRIC LLC is a lender who understands the unique needs of commercial property owners.  Our longevity and lending capabilities can provide you with a loan suited to your individual requirements.

 

We offer a “NO INCOME VERIFICATION” loan.  That means that we aren’t interested in the numbers that you may show on paper.   Our flexibility can help you with past credit issues and allows us to look beyond the information reflected on your tax returns.  Our expertise can help you to structure financing that your local bank may not be able to provide. We strongly suggest you take a few moments to take a peek at our company website and additionally drop us an electronic message or perhaps call in order for a small business loan product professional definitely will get in touch with you to take a look at precisely how we can assist. www.thebric.com

 

 

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Stated Commercial Financing

Loan Programs & Commercial Mortgages

BRIC LLC; we do not underwrite in a box

BRIC LLC is the only true SMALL COMMERCIAL LENDER. We are happy to make loans as low as $25,000. (Properties must be worth at least $75,000 to be considered). And we can make loans up to $500K on Apartment Building Mortgage Mixed-Use Building Mortgages Retail/Office Warehouse/Office Building Mortgages Auto Day Care / Hair Salons / Funeral Homes Hotel and Motel Mortgages


Property Type

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; We do not underwrite in a box
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 $500K
RATES 9-11%
Property Description
Apartment Building Mortgage loan Mixed-Use Building Mortgages Retail/Office Warehouse/Office Building Mortgages Auto Day Care / Hair Salons / Funeral Homes Hotel and Motel Mortgages . Please take a few moments to stop by our website and drop us a message and a small business loan specialist will contact you to discuss how we can help. http://www.thebric.com

 

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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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BRIC LLC COMMERCIAL FINANCING

Highly competitive apartment loans for multifamily properties with 5 or more individual units, including mixed-use commercial and mobile home parks, through a low cost, streamlined and simplified loan process. Low closing costs, up to 80% CLTV, limited impounds

 

Innovative and customized apartment financing for conventional market-rate apartment properties. Options include: fixed terms from 5-30 years, early rate lock to 365 days, tired risk-based pricing, flexible prepayment options, cash or MBS execution, balloon or no balloon terms…

BRIC LLC founded in 2000, is a mortgage banking firm lending in all 50 states. Because we specialize in apartment building lending of five units or more, we are exceptionally good at getting our loans closed as proposed. We have closed all of our permanent apartment loans upon application acceptance for over 21 years at this time. Our team of highly skilled loan officer’s combined have many years of experience.

The secret to our success starts with our skill with evaluating the 3 major components that are essential to qualify for an apartment complex loan in our challenging economy today. By assessing correctly the income of the property, the quality of the property, and the strength of the borrower, we can help insure the success of each deal. Secondly we run the submission package by an underwriter and a credit manager ahead of time. These are the people who will be approving your loan.

We have the lowest interest rates available in America today. Our funds come from Fannie Mae, Freddie Mac,

 

Apartment Loan Programs

Apartment Loan programs from our national Commercial Lending Group encompass all aspects of multifamily apartment financing.  Whether you are refinancing a stabilized apartment building or acquiring & developing a new apartment complex, our aggressive apartment loans have helped investors across the country achieve their apartment financing goals with larger apartment loans, lower DCRs and faster closings. Because we structure financing utilizing a broad spectrum of traditional and non-traditional capital sources, we aren’t tied down by whatever the flavor of the moment is on Wall Street, and can get deals financed which the CMBS world can’t or won’t do, especially in the current structured finance market. 

BRIC LLC offers a comprehensive range of services and products for the commercial real estate and finance industry. With offices nationwide and innovative lending vehicles, we are able to service and maintain strong relationships with our borrowers, investors, investment bankers, brokers and developers. Discussing your project with one of our Business Development Officer’s (BDO)/Underwriter’s is like speaking with hundreds of all types of lenders and equity partners at one time. With an average of 30 years of commercial underwriting experience, access to and knowledge of every available money source in the nation our BDO/Underwrites have the ability to size projects quickly and objectively to put together the program that best works for the borrower’s objectives in a timely fashion.

 

BRIC LLC offers a nationwide private banking advisory approach to apartment loan funding.
Large Apartment Loans

Funding for apartments and luxury styled apartments with town homes from $8 million to $100 million. The large loan program is designed to help with financing mortgages for seasoned investors which is routinely arranged with more convenient terms to assist you to meet more complex lending objectives.

Mid-Size Apartments Loans

Funding for apartments worth $3 million to $8 million. The mid-size loan program has been created to accommodate the needs of your important multi-unit commercial assets. BRIC LLC offers apartment financing programs that serve the needs of investors often with excellent delivery time and substantial cost savings.

Smaller Multi Family Loans

Smaller apartment funding and commercial real estate loans for multi-family from $100K to $3 million are directly provided by our preferred equity partners. Our small balance loans offer numerous lending advantages including less documentation and faster closings than ever before.

 

 

 

 

BRIC LLC provides commercial real estate mortgage programs for Mixed Use and other similar property types located in all 50 states and the District of Columbia. BRIC LLC understands the special financing needs of Mixed Use properties. We provide commercial property loans for the acquisition, refurbishing or refinancing of above average condition Mixed Use properties around the country.

Our Mixed Use commercial property loan programs provide borrowers with fast flexible financing options with low rates. We offer stated income, no document, and full document program options to borrowers depending on their individual requirements and needs.

Learn more about our Mixed Use Financing Programs

Stated Income Commercial Loan Program

 

 Stated income commercial loans provide competitive commercial financing for borrowers requiring a reduced document or stated income option for the acquisition or refinancing of commercial property. Stated does not require personal or business tax returns.

 

 

 

Learn more about Stated Income Commercial Loans by visiting the programs main product page.www.thebric.com

 

 

 

     

 

 
 

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BRIC LLC COMMERCIAL FINANCING

• Commercial loans up to $10,000,000
• Adjustable rates and fixed rates available
• LTVs up to 80% on almost all commercial property types
(1st liens only) (SBA exception 90%)
• Closings in as little as 2-3 weeks
• 600 score stated product available
• Innovative Financing for reasonable non Bankable Clients
• Lower rates than local Banks for Bankable Clients
• No Depository Relationship
Eligible Property Types:
Mixed use
Warehouses
Auto repair/auto body
Apartment buildings
Retail
Office buildings
Hotel/motel
Recreational
Day cares
Churches
Hair salons
Funeral homes
Mobile home parks
Garage/storage
Gas stations
For more information, please contact:
(Direct) 877- 354-1842 (P) 240-374-8593 (F) 866-213-7633 info@thebric.com http://www.thebric.com
BRIC, LLC
Are You Looking for
Common Sense
Commercial Lending?
If so, BRIC, LLC is the
answer; commercial loans
for investors and owners,
purchase funds or refinance
with straightforward answers
to your questions and
easy-to-understand products.
We can get you the cash
that you need.

 
 

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