Commercial Full Doc Loan Program
Loan Limits
$250,000.00 - $25,000,000.00 (Exceptions considered case-by-case)
Recourse
Personal and Corporate
Loan Types
Acquisition
Refinance
Cash-Out Refinance
Maximum LTV
70% Commercial // 80.0% MultiFamily
Subordinate Financing
Not Allowed
Occupancy Type
Owner Occupied with Tenants
Investor
Eligible Locations
Nationwide
DSCR Minimum
1.20% - 1.40%
Collateral Eligible
Most Commercial Property Types Considered
Interest Rate
Market Rates (Credit, Property Type and Location Driven)
Credit Minimum
680 (middle score of three bureaus - exceptions case by case)
Loan Points
1.0% - 3.0% (Loan Size, Location and Credit Driven)
Term
5 years and 10 years (Fixed and Called)
Amortization
25 years (Commercial) & 30 years (MultiFamily)
Prepay
5-4-3-2-1 (exceptions case by case)
The Continental Finance Difference
Nationwide Loan Programs
Standard Property Types
Letter of Interest with qualifying documentation
We make loans happen