Email: jmahoney@cmfundingcorp.com

Stated Loan Program

Highlights:

• $100,000-$3,000,000
• FICO Scores above 640
• Purchase and refinance only
• Fixed or adjustable rates, including 15, 20, 25 or 30 year amortizations available
• 80% LTV to $2 million and 70% LTV to $3 million
• Loans available nationwide
• Property types- Multifamily, Mixed Use, Retail, Industrial, Warehouse, Office Buildings, Mobile Home Parks, Hotels, Self Storage, Single Tenant Properties, SRO and other special purpose properties on a case by case situation.
• Some loans are assumable with a one percent fee
• Pre-approvals in 48 hours

Loan Submission:

The following items are needed to get your loan pre-approved:

• 1003 and Credit Authorization
• Current Rent Roll ( Must include square footage of all commercial space)
• Most recent year end income and expenses

Large Loan Program

Highlights:

• $10,000,000-$50,000,000
• FICO Scores above 660
• Purchase and refinance only
• Long term fixed rates, 7, 10 or 15 years with 25 or 30 year amortization
• Limited or Non-recourse available
• Loans available nationwide
• Property types- Multifamily, Mixed Use, Retail, Industrial, Warehouse, Office Buildings, Mobile Home Parks, Franchise Hotels and Self Storage
• Loans are assumable with a one percent fee
• Pre-approvals in 48 hours

Loan Submission:

The following items are needed to get your loan pre-approved:

• Personal financial statement and Credit Authorization
• Current Rent Roll (Must include square footage of all commercial space)
• Most recent year end income and expenses

Hard Money Loan Program

Highlights:

• $250,000-$30,000,000 ($1,000,000 minimum out of New York)
• All credit considered including foreclosure and bankruptcy
• Purchase, refinance, rehab and repositioning
• Fixed rates, interest only 1 to 3 years available
• Full recourse to borrower
• Loans available nationwide
• All property types considered including Land (New York only) and Special Purpose (Restaurants, Marinas, etc.)
• Limited scope appraisal on most loans
• Pre-approvals in 72 hours

Loan Submission:

The following items are needed to get your loan pre-approved:

• Credit Authorization (Credit situations must be explained in writing)
• Current Rent Roll ( Must include square footage of all commercial space)
• Most recent year end income and expenses
• Personal financial statement of borrower

Full Doc Small Loan Program

Highlights:

• $100,000-$10,000,000
• 640 minimum score (580 in New York)
• Purchase and refinance only
• Fixed or adjustable rates, 15 20 or 30 year amortization available
• Recourse or (non-recourse available over $500,000 and 65% LTV)
• Loans available nationwide
• Property types- Multifamily, Mixed Use, Retail, Light Industrial, Warehouse, Office Buildings, Mobile Home Parks and call for others
• Up to 85% LTV to $1,500,000 and 80% above
• As low as 1:1 Debt Service Coverage
• Pre-approvals in 48 hours

Loan Submission:

The following items are needed to get your loan pre-approved:

• Credit Authorization (Credit situations must be explained in writing)
• Current Rent Roll ( Must include square footage of all commercial space)
• Most recent year end income and expenses
• 1003 application

Small Business Program for Owner Occupied

Highlights:

• $100,000-$5,000,000 (Stated up to $3,000,000)
• Up to 90% loan to value for purchases
• 600 minimum mid score
• Purchase and refinance
• Fixed rates available up to 30 years self liquidating
• Full recourse to borrower
• Loans available nationwide
• All property types considered that are at least 25% owner occupied
• Pre-approvals in 72 hours

Loan Submission:

The following items are needed to get your loan pre-approved:

• Credit Authorization (Credit situations must be explained in writing)
• Current Rent Roll ( Must include square footage of all commercial space)
• Most recent year end income and expenses
• Personal financial statement of borrower