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12-04-2023, 12:04 PM #1
- Join Date
- Apr 2020
- Posts
- 17
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
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12-04-2023, 12:10 PM #2
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.
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12-04-2023, 12:45 PM #3
- Join Date
- Feb 2017
- Posts
- 3,463
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