Fannie Mae Programs :
DUSŪ is a registered mark of Fannie Mae
- DMBS -Discounted Mortgage Backed Securities : Minimum $25 million single asset, $50 million (minimum)
for a portfolio of assets.
- Fixed Rate- The Fannie Mae Fixed Rate Product will provide up to 80% of the value of the property for terms from 5 to 30 years.($3 million
minimum )
- Adjustable Rate - The LIBOR-based Adjustable Rate Mortgage (ARM) Product provides flexible financing for borrowers seeking a variable rate
mortgage. ($3 million minimum) .
- Structured ARM - The Structured ARM is a variable rate mortgage alternative that will finance up to 75% of the property value for 5,7, or
10 years. The Structured ARM features a conversion option, two index options (1 or 3 month LIBOR) Single asset loans of $25
million or multiple asset transactions of $50 million(minimum)
- 3MaxExpress - Small Apartment loans with competitive Fannie Mae pricing. $1,000,000 - $3,000,000. Rates 80 - 100bps over 10 yr Treasury!
- Fannie Mae DUS Plus- Fannie Mae Second mortgage on stabilized assets used to increase leverage, LTV can be obtained up to 85% and combined
with a Fannie Mae Senior.
Freddie Mac Multifamily Programs: (geographic restirctions apply)
Capital Market Financing/CMBS
Commercial Mortgage Group provides investors with cost effective capital
market fixed and adjustable rate financing for commercial assets including acquisiton financing and debt refinancing for the
following property types:
Speciality Programs/Portfolio Lending
Small Balance - Loan amounts
$500,000 up to $5,000,000 for multifamily and commercial real estate, including NNN retail and SBA financing.
Construction - Construction loans are available for experienced builders/developers
with a proven track record. Projects of of interest include retail, shopping center, hotels(flag prefered), office, self storage,
warehouse/industrial , church,and apartments. Minimum project size $5,000,000.
Gas Station/Service Station - *owner-occupied, up to 75% LTV. Loan amounts
from $500,000 up to $1,000,000. Lube Bays and Auto repair acceptable.
- 97% LTV available (O/O)with interest rate adjustment. No DSCR. Flexible credit requirements. $100,000 up to $1,500,000
.WSJ Prime +margin.
- Flagged Gas stations w/ car wash or C-store. *Non Owner User. LTV 65%-75%. $500,000 to no max.
Stated Income/Asset- Our stated income/asset programs are available
to borrowers who can not or choose not to disclose income or assets. Programs available up to $5,000,000. Most property
types considered.
Land A & D: - Short
term bridge loans available to experienced developers for land acquisition and horizontal improvements. Large assemblage prefered,
minimum loan amount of $5,000,000. 75% LTV. Rates 9%- 12% I/O, 1-3pts. terms of 1-3yrs.
Church/Religious faciliy- Commercial Mortgage Group provides long
term financing for the purchase, refinance, or construction of Church and Religious facilities. $1,000,000 and up.
Attention Commercial Brokers, Realtors, Agents, CPA's, and Attorneys!
Q:Why choose us as your clients Capital solution provider?
A:In addition to arranging Apartment Loans and Capital Market financing for your clients,Commercial Mortgage
Group provides added value by offering the following services:
- "Second Opinion" Lending source
- Pre-underwritten loan packages
- "First cut" underwritting analysis
- Prequalification of broker listings.
- Multifamily underwriting consultation
- Direct access to capital lending sources
- Profession packaging and submission of your loan request.
- Unlimited Consultation
- Low Broker fee 1/2% - 1% max.
