Apartment & Mobile Home Park Financing Forms


 APARTMENT LOAN SIZER AND INCOME & EXPENSE STATEMENT

APARTMENT APPLICATION under 1.5 Millionapartment financing, apartment loans, cmbs financing, conduit financing

APARTMENT & MOBILE HOME PARK APPLICATION 1.5 Million +

 APARTMENT LOAN FULL PACKAGE DOCUMENT LIST (REIT)

CAPITAL IMPROVEMENTS

COLLATERAL QUESTIONAIRE

INCOME & EXPENSE STATEMENT

RENT ROLL

SCHEDULE OF REAL ESTATE OWNED

 CLOSING CHECKLIST
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NO DOC - NO RATIO Apartment Loans

3 EASY STEPS

  1. Fill Out Application
  2. Send Current Rent Roll
  3. Send Current & 1 Yr Operating Statements

    This program does not require tax returns, or income verification or Schedule "E's". - $500K to 5 Million - up to 70% LTV Property must be "B" grade - No deferred maintainance - No Mixed Use  -  No Mortgage Lates 36 mo.  -  Strong Financial Sponsorship required. RATES START AT 6.875%


Interest Only Apartment Loans

  • 3 Or 5 Year Interest Only Apartment Loans
  • Flat Fee Closing
  • 60 Day Interest Rate Lock
  • Up To 90% LTV Purcahses
  • Low 1.15 DSCR

$500K to 5 Million  -  up to 80% LTV  -  1.15 DSCR - Property must be "B" grade  -  No deferred maintainance  -  No Mixed Use  -  No Mortgage Lates 36 mo.  -  Strong Financial Sponsorship required. Interest only during fixed peroid, RATES START AT 6.5%


Apartment Fast-Track™ with 30 Day Closings

  • 100K to 1 Million
  • No Tax Returns
  • up to 80% LTV
  • Apprasial Rents can be used for Income
  • Low DSCR down to 1.0:1 NOT 1.20 
  • 5 Easy Docs For Conditional Approval
  • FAST 30 Day CLOSING

  Property must be 5-25 UNITS -  A,B or C grade  -  No deferred maintainance  -  No Mixed Use  -  Mortgage Lates ok.  -  Strong Financial Sponsorship required. Minimum population 25,000, Low 3rd party fees, Need multifamily experience, Credit score down to 600. Our Apartment FastTrack  Rates start at 7.50%


Conduit Crusher™

  • $500,000 to $10 Million
  • A or B Grade Property
  • No Legal opinion
  • No 10 Yr Balloon
  • No Stress or Fitch Constraints
  • Low 3rd Party Fees
  • No Impound Replacement Reserves
  • No Defeasance
  • No Yeild Maintenance
  • Rates YES...from 160 to 190 BPS over respective US Treasury(rounded to the nearesr 1/8) : example 10 yr 4.49%+169= 6.18%


3 Minute Executive Summary

Fast Response-Same Day Pre-Approvals-No Social Security #
No Point Loans - Professional Service - 30 Day Closings
Customer Service Contacts You Directly After Submission


PLEASE GIVE US AS MUCH INFORMATION AS YOU CAN, THE MORE
WE GET THE MORE ACCURATE YOUR QUOTE.
 
Property Information
*Purchase or Refinance:
*Property Value:
*Property Type:
*Loan Amount:
Loan to Value%:
Can you submit details today?:
*City, State:
Property Description and address:
Requested Rate:
Requested Closing Date?:
Number of Units:
# of Units Occupied:
Gross Income:
Expenses:
Net Operating Income:
Loan Terms Requested:
*Name:
Borrower Name:
*Contact Phone:
*E-mail:
Fax:
Contact Me When & How?:
Contact Mailing Address:
Interest Only Option?:
Low Closing Cost Option?:
How did you hear about us? Google-Yahoo-MSN-AOL:
What Words did you search:
Did You Speak With Someone In Our Office?:
Who Did You Speak With?:

Note: Fields with an * are required

The Nations ONLY FLAT FEE Commercial Loans ©

We have lending programs in the following states


• Alabama • Alaska • Arizona • Arkansas • California • Colorado • Connecticut • Delaware • Florida • Georgia • Hawaii • Idaho • Illinois • Indiana
• Iowa • Kansas • Kentucky • Louisiana • Maine • Maryland • Massachusetts • Michigan • Minnesota • Mississippi • Missouri • Montana • Nebraska
• Nevada • New Hampshire • New Jersey • New Mexico • New York • North Carolina • North Dakota • Ohio • Oklahoma • Oregon • Pennsylvania
• Rhode Island • South Carolina • Tennessee • Texas • Utah • Vermont • Virginia • Washington • Washington DC • West Virginia • Wisconsin • Wyoming


Commercial Mortgages Direct, Inc
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