As you continue to maneuver through the daily disruptions of COVID-19, McMann Commercial Lending is committed to supporting your financial needs with a predictable and efficient process that you can rely upon, deal after deal. Whether the property is commercial, multifamily, or investment residential, we are ready to help you reach your objectives.
Recently Funded, $1,522,500,
Commercial, Newington CT
|$1,295,000, 16 Unit Conroe, TX||$450,000 Multi-Family Triplex, Bronx NY|
Property Types: Commercial, Multifamily, and 1-4 Unit Long-Term Leased Investor Residential (Income Producing Properties only) Nationwide contagious U.S. lending except ND, NV, and SD in Primary and Secondary Markets (Top 120 MSAs) Loan Amounts: $500,000 - $5,000,000 Loan Structure: Fixed Rates from 4.5% to 7% Mortgage Loans. 5, 7, or 10 year terms. LTV: Up to 65.0% (70% Case by Case) DSCR Minimum: 1.20x Credit Score Minimum: 620 Amortizations: 25 or 30 Years Recourse: Full Prepayment: Locked for half the term and opens up during the last 3 months for free, Loan Reserves Required: 4 to 12 Months PITI. Deposits and Fees are case by case. Contact us for details or pre-register your loan by completing this Fast Loan Approval.