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SMALL-BALANCE COMMERCIAL LOAN PRODUCTS

COMPLETE PROGRAM

Rates: 6-9%
MAX LTV TIER 1: 80%
MAX LTV TIER 2: 75%

Best For:

Credit-worthy investors or business owners looking for an alternative to restrictive bank financing.

 

LITE DOC PROGRAM

Rates: 6-9%
MAX LTV TIER 1: 75%
MAX LTV TIER 2: 75%

Best For:

Investors who may not be able to disclose certain financial information or whose properties are more valuable than a tax return might show.

 

 BANK STATEMENT PROGRAM

Rates: 6-9%
MAX LTV TIER 2: 70%

Best For:

Owner-occupied transactions where the business owner has difficulty documenting their income for traditional lenders.

 

 

  • Loan Amount: $250K-$2MM
  • Loan Purpose: Purchase, Cash-Out, Refinance
  • Loan Product: 5-Year and 7-Year Hybrid
  • Rates: 6-9%
  • Amortization: 20, 25, 30
  • Min. Middle Credit Score: 650
  • Eligible Markets: Top 200 MSAs
  • Eligible Borrowers: U.S. Citizens, Permanent Resident Aliens, Legal Entities
  • Index: Wall Street Journal Prime Rate
  • Property Types Tier I: Multifamily And Mixed-Use (Residential)
  • Property Types Tier II: Mixed-Use (Commercial), Office, Retail, Light Industrial, Self-Storage, Warehouse, Automotive, Mobile Home Parks, Daycare Centers
  • Standard Prepayment Fees: 5% For First 3 Years

DISCLAIMER

Programs may be cancelled or modified at any time without prior notice. Programs may not be available in all jurisdictions. These materials are intended to provide general information to the reader. This information is made available with the understanding that Taharrka Enterprises, LLC, and its subsidiaries and affiliates are not engaged in rendering legal, accounting or other professional services. We use reasonable care in providing information but cannot guarantee accuracy or completeness. Information is provided with no warranty, express or implied, and all such warranties are expressly disclaimed. We assume no liability for any loss, damage or expense from errors or omissions in these materials, whether arising in contract, tort or otherwise.

 

These programs are not currently available in the following states: WY, NV, ND, SD, VT, DE, ID, HI, MI, MT, WV, TN