| MULTI
FAMILY COMMERCIAL PURCHASE LOAN |
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Gulf Atlantic Mortgage Services, Inc. has
developed the
g-Express Loan Program that specializes in multi-family
commercial loan’s (5+ units) ranging in
size from $100,000 to $5 Million. We are
able to streamline the underwriting process
for these Express transactions and focus on
closing multi-family commercial loan’s in
30 - 45 days. |
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“g”
offers adjustable rates tied to 6 month
LIBOR (no negative amortization) as well as
3 and 5 year fixed rates which roll into the
adjustable program. Term and amortization
may be self liquidating for 30, 25, 20 or 15
years or may include a 10 year call, based
on transaction specifics.
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“g” will consider
"A," "B," or "C"
credit borrowers and/or properties, as well as
loans with a "story" component that have
compensating factors for our "common
sense" underwriting. |
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Approximately 75 percent of small multifamily
loans considered too cumbersome and time-consuming
to deal with-are overlooked by traditional
lenders? The
g-Express Loan program
was designed as a streamlined process to meet and
serve this important niche-market.
g-Express Loan streamlined lending frees borrowers from
the typical headaches and hassles of small loan
transactions.
g-Express
Loan specializes in multifamily loans up to
$5,000,000 with a simplified, yet comprehensive
underwriting process delivering 30- to 45-day
closings. “g”
also offers an Express DOC program for qualified
borrowers and funds A, B and C properties.
g-Express Loan programs
consist of LIBOR based adjustable rates with 1%
semi-annual interest rate caps (no-negative
amortization) and 30/30, 25/25, 20/20 and 15/15
term and amortizations. Additionally, “g” offers 3 and 5
year fixed / hybrid programs. |
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80% Purchase Money First Trust Deed for A credit
clients (FICO Score: 680+, A Property)
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Apartment Loans: $100,000 TO $5,000,000
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Secondary Financing allowed with combined LTV to 85%
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10% Minimum Down Payment on Multi-Family
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"A, B & C" Credit & Property Types
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30/30, 25/25, 20/20 & 15/15 Amortization
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NO-Negative Adjustable Loans
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3
& 5 Year fixed start rates that roll over to
an adjustable for the remaining term of 30 years. |
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gET
THE SERVICE YOU DESERVE |
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CALL NOW
No Commercial Loan
Application
Fees
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