| Church |
2/23/2012 6:49:16 AM |
Broker Location: OH/43068 |
Commercial/OH/43232 |
| PostID: 33819 |
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Status: Open |
| Loan Info: |
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| Amount |
$875,000 |
| Appraised Value |
$2,400,000 |
| LTV |
36 |
| DSCR |
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| Loan Term |
5 |
| Loan Amortization |
25 |
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| Product Type |
5 Yr Fixed |
| Property Type |
Church |
| Purpose |
Blanket loan |
| Doc Type |
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| Borrower FICO |
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| Borrower DTI |
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| Keywords: Blanket Loan |
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General Notes: | extremely flexible on terms, could possibly go full doc...appraised value is based on the taxed assessed value of both properties combined, purchase price of one of the properties is $850,000 additional $25,000 is to cover some of the closing costs... would like to blanket property being purchased and the current property that is owned free and clear by the church
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| Name: |
Michelle Nguyen |
Phone: |
858-530-9640 |
2/23/2012 8:46:13 AM |
| Company: |
U.S. Bank - SBA Division |
Email: |
michelle.nguyen5@usbank.com |
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U.S. Bank SBA Division, 33 years experience, provides SBA guaranteed loans for small businesses. If you have any clients seeking financing for owner-occupied real estate, please contact Will Floyd @ 858-530-9505 or william.floyd@usbank.com. We look forward to working with you in the future.
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| Name: |
Darin Young |
Phone: |
888-950-9339 |
2/25/2012 2:41:22 PM |
| Company: |
Popular Commercial Lending Group |
Email: |
dyoung@popularcommercial.com |
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4.25% 5 year fixed or 5.3% 10 year fixed with 25 year amortization for church loans to 75% LTV.
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