Mixed Use Lender Wanted
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  1. #1

    Mixed Use Lender Wanted

    Anybody want to share the contact info for a mixed-use lender, who will lend on a 49% residential + 51% retail?
    Thanks.
    JR

  2. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Irvine, CA
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    I have several lenders who can do that....but is it full docs, DSCR, SISA or NoDoc? Reach out. Is it vacant or rented?

    Most of the loans I do are 10 year Interest Only, then 20 year amortized....I prefer to stay away from bridge loans unless it's a quick sell with no prepay.

    Here's basic submission worksheet:

    Borrower:

    Property Address:

    Property Type:

    Loan Type: PURCHASE / REHAB / REFINANCE

    Loan amount Requested:

    If Refinance - Purchase Price / Purchase Date / Mortgage Balance

    Purchase Price / Market Value:

    Rehab Costs:

    LTV Requested:

    ARV Requested:

    Credit:

    Experience:

    Property Details:

    Program: Full Docs, DSCR, SISA, or NoDoc.
    Last edited by Olderguy; 12-04-2023 at 01:58 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Senior Member Reputation points: 226125
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    3,396

    Quote Originally Posted by CapCity View Post
    Anybody want to share the contact info for a mixed-use lender, who will lend on a 49% residential + 51% retail?
    Thanks.
    JR
    I'll just throw out the name Silver Hill Funding.
    Also, is this permanent or bridge?

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