Alabama Commercial Loans
Alabama Commercial financing
is much different than residential lending.
It's important that
>
you deal with mortgage professionals that understand the intricacies of the
commercial lending market. We are specialized
Alabama Commercial mortgage
bankers with a huge network of Alabama commercial lending sources that we make
available to our clients. Virtually every Alabama commercial loan is different
and we recognize the importance of making sure your commercial transactions are
handled properly the first time. We aim to fund your
Alabama
commercial
loans
close within a 45 days maximum. The average close timeframe is
21-30 days on our Alabama mortgage loans.
SMALL BALANCE ALABAMA COMMERCIAL LOANS
-
LOANS UP TO $1.5M.
-
UP TO 97% LTV
-
NO DSCR PROGRAMS
-
MINIMUM
DSCR 1.2% WITH COMBINED PERSONAL/PROPERTY INCOME FOR
CONFORMING LOANS
-
ALL
LOANS ARE ASSUMABLE AND ALLOW FOR SECONDARY COMMERCIAL
MORTGAGES
-
NO
MONTHLY OR ANNUAL FINANCING REPORTING REQUIRED
-
UP TO
30 YEAR FIXED RATE TERMS WITH NO BALLOON PAYMENT
-
INTEREST ONLY ALWAYS AVAILABLE ON ALL TERMS
-
NO
LIMIT ON COMMERCIAL CASH OUT LOANS
-
NO
SEASONING REQUIREMENT ON CASH OUT USING NEW VALUE
-
FORECLOSURE BAILOUT
ALABAMA
PROPERTY TYPES
Office Building
Multifamily 5 Plus Units
Bed and Breakfast
Mobile Home Park
Retail - Shopping - Out Parcel
Office Condominiums
Sales Distribution
Medical/Dental Office
Auto Repair
Day Care / Vocational School
Improved Property 10 Acres
Health Care
RV Park
|
Warehouse - Distribution
Self Storage
Automotive
Flagged and Non-Flagged Hospitality
Mixed-Use Commercial/Residential
Light Industrial
Professional Centers
Contractor Yard
Restaurant
Convenience Store
Strip Center
Funeral Home
Rooming House
|
As you can see we offer a wide array of
financing to virtually any property type including raw land. We have a very
strong network of
small balance Alabama commercial lenders
that love to
think outside the box. Stated Income, No Income, and No Doc loans are all
available on our small balance
Alabama commercial loan
programs. We
allow the property to qualify on it's own merits or if the property is in need
of short term financing without being able to support itself we can use
personal income or do a short term bridge loan for you to acquire and repair as
needed. 12 months interest reserves are normally held in these cases.
For all of our
small balance Alabama commercial
loans
we bring our 20+ years of commercial experience and network of
funding platforms to your situation. Together we assess your goals, your
financial information, and your needs to provide the perfect solution for you.
We pride ourselves on our ability to structure small balance commercial loans
that will fund. You won't need to worry about if you got the best deal and if
your loan is going to fund with us because we keep you involved every step of
the way. Our
Alabama commercial mortgage
professionals like to form
lifelong relationships with our clients. Our integrity, professionalism, and
customer service keep our clients coming back again and again. We look forward
to proving you with the same security on your
Alabama small balance commercial
transactions.
LARGE ALABAMA COMMERCIAL TRANSACTIONS
-
LOANS FROM $1.5M TO $2B
-
HISTORICALLY CONSTRUCTION LENDERS REQUIRED 20% BUILDER/DEVELOPER
PARTICIPATION HOWEVER NEW PRODUCTS ALLOW UP TO 90% FINANCING
-
NON RECOURSE LOANS AVAILABLE
-
3, 5, 7, 15 YEAR TERMS
-
NO LOCKOUT PERIODS
-
CONSTRUCTION TO PERM LOANS ALLOW FOR ONE TIME CLOSING. SAVES ON
FEES.
-
COMPETITIVE RATES ON LARGE ALABAMA COMMERCIAL LOANS
Large
Alabama commercial loans
don't
have to be complicated. We are well versed in the large commercial funding
arena. Our professionals are able to assist our client's in acquiring and
compiling all the needed documentation for your large commercial project. These
are just a few examples of large
Alabama commercial loans
. These loans
are the most project specific loans in the financing market and we are prepared
to give you the best financing solutions to meet your
needs.
Now you can see why we are the premier source
for
ALABAMA COMMERCIAL LOANS
in the U.S. Our commercial
mortgage professionals are prepared to put their years of experience and our
access to these commercial mortgage loans to work for you! Contact US today or
APPLY ONLINE for a same day response and let's start working together to help
your
Alabama Commercial Mortgage
project get funded as quickly as
possible!