Non-Conforming Loan Program
Loan Limits
$50,000.00 – $2,000,000.00
Recourse
Full Recourse
Documentation
Stated and Bank Statement
Loan Types
Purchase
Refinance (cash-out allowed in most cases)
Maximum LTV
65.0% - 75% (80% for Multi-Family)
Occupancy Type
Investor & Owner Occupied
Eligible Locations
Nationwide (Exceptions Case-By-Case)
Property Types
All Commercial Property Types including Marijuana Based
SFRs & 2 – 4 Unit Multifamily (Investor only – No owner
occupied)
Interest Rate
7.50% - 12.50%
Credit Minimum
600
Loan Points
1.00% - 4.00%
Term
5, 10, 15 & 25 Years Fixed / Amortization: 25 & 30 years
Prepay
Declining & Static
Due Diligence Deposits
Processing Fee Due At LOI Acceptance
Due Diligence Costs Due At Term Sheet
Submission Requirements
Application 1003 Form
Exterior Color Photos
Operating Statement – 2 Years and YTD
Credit Report, three bureaus with scores
Current Rent Roll (if applicable)
Authorization for Credit Information
The Continental Finance Difference
Closings in 30 Days
Cross Collateralization Allowed
Flexible Underwriting
We Make Loans Happen