Mortgage Plan's Private Lending Group can deliver solutions that are not available from any institutional lending source.
These programs are designed for borrowers who have had financial challenges (company losses, poor credit rating, deferred maintenance, sub-standard property type, etc.), or just don't meet the criteria for traditional residential or commercial lending.
While rates and fees are higher than traditional lending options, these resources provide a valuable solution for borrowers whose need for financing outweighs the higher cost.
Please call (800) 877-7347, toll-free or email: jimwalter@mortgageplanloans.com
Rates can range from 10.50%
|
Commercial, Industrial, Multi-Family
First and Second Mortgages including
Lines of Credit
|
Rates: From 10.500% -- Priced on a case-by-case basis
Max. Loan to Value: 55% to 60%
Amortization: Interest-only to 40 year amortized
Term: 1 year to 10 years
Prepay Penalty: From "None" to 5 years
Interest Reserve: Available
Cross-Collaterization: Available
Loan Fees: From 2 to 5 points
Closing Costs: Normal Closing Costs Apply
Secured by: Real Estate
|
Click Here to apply for a private investor loan
Mortgage Plan's Private Lending Group can deliver solutions that are not available from any institutional lending source.
These programs are designed for borrowers who have had financial challenges (company losses, poor credit rating, deferred maintenance, sub-standard property type, etc.), or just don't meet the criteria for traditional residential or commercial lending.
While rates and fees are higher than traditional lending options, these resources provide a valuable solution for borrowers whose need for financing outweighs the higher cost.
Please call (800) 877-7347, toll-free or email: jimwalter@mortgageplanloans.com
Rates can range from 10.50%
|
Commercial, Industrial, Multi-Family
First and Second Mortgages including
Lines of Credit
|
Rates: From 10.500% -- Priced on a case-by-case basis
Max. Loan to Value: 55% to 60%
Amortization: Interest-only to 40 year amortized
Term: 1 year to 10 years
Prepay Penalty: From "None" to 5 years
Interest Reserve: Available
Cross-Collaterization: Available
Loan Fees: From 2 to 5 points
Closing Costs: Normal Closing Costs Apply
Secured by: Real Estate
|
Click Here to apply for a private investor loan