What is an Executive Summary?
A professional presentation and summarization of the project.

What is a Financing Request?
A break down on how funds will be used towards the project.

What is a Proforma?
Base on current cashflow and market, estimate the future projection of the net operating income statement for the next 12 months to 5 years of the property.

What is a Debt service coverage ratio, DSCR/DCR?
Lenders typically approves of properties with 1.2 DSCR. A 1.0 DSCR mean the net annual income of the property after all expenses is divided by the annual property's mortgage payments is a 1 to 1 ratio; break even or negative. Any DSCR below 1.0 mean the client is paying out their pocket, losing money to keep the property afloat. Hence, 1.20 DSCR translates into an estimate of 20% profit over the annual mortgage payments.On rare occasion we can go as low as 0.85 yet the client must have valid reasons and plenty of assets to support the purchase.

I do not want to send all these forms right now / I want to talk someone before I fill out these forms:
We appreciate your interest, please send a Basic Overview first. We understand you might not have all answers below. Fill in as much as you can:

We are in the business of closing loans for serious buyers.

I do not have a project, can you help / How do I get started?
Please refer to Basic Overview and 100% structured loans.

How can I get 100% loan?
1. 100% full document loan, case by case basis
2. 100% structured loan

Is 100% no money out of pocket, not even a dime?
No, you need funds for an appraisal, inspection, closing cost and/or due diligence fee. We recommend clients obtain lines of credit and pursue the structured loan.

What is 100% structured loans?
The sales price must be a minimum of 25-35% or lower below the market value of the property.

Can a seller 2nd work?
Depending on our lenders, we can take a seller second and also combine it with the structured loan.

What is the difference in a full documentation loan and stated income loan?
Full Doc: Show income and 3 years tax return or 2 years tax
Higher LTV and better interest rates.
Stated Income: No income disclosure
Much lower LTV and higher interest rates

How come my message is not being returned?
Commercial loans are more time intensive and requires much attention to details. We appreciate your inquiries please refer to basic overview above, as our staff are constantly working with underwriters and clients that have sent in entire loan packages.

Can you perform refinances and cashout refinances?
Yes

What is the longest amortization do you have?
Up to 40 years amortization on a case by case basis.

Five Options to Send Us A Credit Report

1. FREE Tri-Merge Credit Report
2. Fico Scores/Reports( 3 scores needed: MyFico )
3. TrueCredit.com ( 3 scores needed )
4. Client can provide their own tri-merge ( 30 days old max )
5. We provide our own tri-merge ( we do not provide copies )