COMMERCIAL LOANS

INSOURCE FUNDING
COMMERCIAL PROPERTY LOANS
Insource Funding commercial loan product is perfect the investors that want to purchase, refinance or pull equity from your investments, or expand your portfolio.
PROPERTY TYPES
  • Multi-Family 

  • Apartments 

  • Mixed-Use 

  • Single-Use 

  • Office 

  • Light Industrial/Warehouse 

  • Retail

COMMERCIAL PROPERTY
Document Checklist
  • Loan Application.

  • 2 Months Complete Bank Statements.

  • Photocopy of Valid ID.

  • LLC/Corp/Trust Docs (if applicable).

  • If Purchase – Purchase Contract.
    If Refinance – Mortgage Statement.
    If Leased – Lease Agreement.

  • Schedule of Real estate owned.

  • Declaration of Non-Owner Occupancy.

  • Letter of Experience and Explanation.

  • Escrow Contact Information.

  • Insurance Declaration Page.

  • As an asset based lender, we are not focused on credit.

DETAILS:​
  • Loan Amounts: Minimum $1M to Maximum $15M.

  • Leverage: Up to 80% of purchase and 100% of repairs.

  • LTC: Up to 85%.

  • Max LTV: Up to 70% of the stabilized value.

  • Rate: L+ 375 – L+700.

  • Eligible Properties: apartments 5-350 Units
    (Per door min. $30K) determined by the property, sponsor, and loan.

  • Closings: In as little as 15 business days.

  • Interest Only (No interest charged on undispersed funds)12-36 months.

  • Non-Recourse and recourse options FICO 650.

 

*Loans as low as $50k for qualified investors

** Terms and conditions can change without notice.

PLEASE CALL OR EMAIL US:

Insource Funding

433 Plaza Real, Ste 275

Boca Raton, Fl 33432

Tel: 800-805-3391

Fax: 561-270-6895

Email: info@insourcefunding.net

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Insource Funding, located in Boca Raton, Florida, is a hard money lender providing fast and flexible financing for Non-owner occupied investment properties nationwide with the exception of Tennessee, Illinois, and Ohio.  (Insource Funding. 433 Plaza Real, Ste. 275 Boca Raton, Fl 33432) makes and acquires business purpose loans only, and does not originate or acquire owner-occupied residential mortgage loans. Information, rates, and pricing are subject to change without prior notice. All loans are subject to borrowers and underlying collateral meeting Insource Funding's current underwriting criteria. restrictions apply.

 

© 2018 by Insource Funding | Legal and Closing Charles E. Geary ESQ. NMLS #378232.