commercial limit used: Limited use financing
- 06/01/09 02:19 PM
Limited use financing LOAN LIMITS $100,000 - $3,000,000 PROPERTY TYPES Automobile Dealerships Automotive Service 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 LOAN TYPES Purchase Refinance Cash Out Refinance MAX LTV 90% Owner Occupied Purchases (SBA 504) 65% Purchase (Non-SBA, up to 90% CLTV) 65% Refinance / 60% Refinance Cash-out LOAN TERMS 25 years fully amortized years fully amortized 15 years fully amortized MIN FICO 650 AVAILABLE PROGRAMS 5 YR Fixed SBA 504 Adjustable Conversion The DIFFERENCE No Balloon Payment … (0 comments)
Limited use financing;)
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