|
MegaLoanFunding
11903 Middlebury Dr
Tampa, FL 33626
Tel:1-800-879-0284
Fax:813-435-2349
Email
| |
Light Industrial Loan products.
Up to 80% LTV, a $3,000,000 loan
requiring only 600 FICO.
|
Reference Number. |
LI 061101 |
|
|
|
|
Loan Type: |
Purchase, Refinance, Cash-Out
refinance. |
|
Term: |
30 Year Fully Amortization. |
|
Interest Rates: |
3, 5, 7 and 10 year fixed rate
traditional program. |
|
LTV: |
Up to 80%. |
|
DSCR: |
1.30. |
|
Loan Purpose:
|
Purchase or refinance. |
|
Max. Loan: |
$100,000 to $3,000,000. |
|
Credit: |
600 Minimum credit score. |
|
Doc Type: |
Simple loan documents.
|
|
Area: |
Nationwide. |
|
Underwriting: |
Increased underwriting
flexibility. |
Up to 80% LTV, a $3,000,000
STATED INCOME loan requiring 600 FICO.
|
Reference Number. |
LI 061102. |
|
|
|
|
Loan Type: |
Purchase and Refinance. |
|
Term: |
30 Year Fully Amortization. |
|
LTV: |
Up to 80% LTV. |
|
Interest Rate: |
3, 5, 7 & 10 Year Fixed Rate. |
|
DSCR: |
1.30. |
|
Loan Purpose:
|
Purchase or refinance. |
|
Max. Loan: |
$100,000 to $3,000,000. |
|
Credit: |
600 Minimum credit score. |
|
Doc Type: |
Stated - No tax returns or
personal income required.
Simple loan documents. |
|
Area: |
Nationwide. |
|
Underwriting: |
Increased Underwriting
Flexibility. |
Up to 90% CLTV loan with no replacement reserve impounds.
|
Reference Number. |
IND 061201
|
|
|
|
|
Loan Type:
|
Purchase or
refinance and cash out fixed and adjustable rate loan. |
|
Term: |
3,5,7 and 10 year.
15 to 30 year terms on full amortization loans. |
|
LTV:
|
Up to 75% loan to
value. Unlimited cash out up to 75% loan to value. |
|
CLTV: |
Up to 90% CLTV w
/seller second available. Subordinate debt up to 85% CLTV allowed. |
|
Interest Rate: |
3,5,7, and 10 year
fixed or adjustable rate loan. |
|
Balloon options: |
No balloon options
available. |
|
Loan Purpose:
|
Purchase or
refinance. |
|
Max. Loan: |
$500,000 to
$10,000,000. |
|
Reserves: |
No replacement
reserve impounds. |
|
Doc Type: |
Traditional.
|
|
Area: |
Nationwide. |
|
Underwriting: |
Flexibility with
historical income on purchase. |
| |
Loan Products.
Construction.
Office
Building
Multi Family.
Speed
Loans and Hard Money.
Retail.
Land
Development.
Automotive.
Assisted
Living Facility.
Golf Course.
Mixed Use.
Warehouse.
|
