| Loan Amounts | From $300,000 - $20,000,000 |
| LTV Owner-Occupied | 90% (SBA) or 80% (Bank) |
| LTV Investor | Up to 75% - Investor |
| Property Types | Primary – Mixed Use, Retail, Office, Warehouse, Self-Storage, light industrial, Dealerships. Secondary – Restaurant, Hospitality, Auto care. No - Non profit, Cannibus (see alternative lending) |
| Program types | 3, 5, 7, 10 yr & 15yr fixed (balloon) |
| Amortizations | 15 - 30 years |
| Prepayment penalties | Yes in most cases ranging from 3-5 years |
| # of units | No Maximum |
| Occupancy | Min 80% (on multi-unit properties – ex stripmall |
| Lease types | Long term leases (min 6 months) |
| Lending areas | Continental USA - All major cities (up to max LTV) and secondary markets (up to 70% LTV) |
| Income Requirements | 3 years tax returns + yr to date for subject property showing sufficient net income |
| Dscr ratio | 1.20x+ |
| Global | Debt to income analysis |
| Net Worth | Similar to Loan Amount |
| Reserves | ~ 20% of the purchase price (SBA flexible) |
| Experience | Generally must own another investment property of similar characteristics (otherwise management company required) |
| Credit Score | ~680+ (lower scores with explanation permitted) |
| Gift Funds | Up to 50% of DP. Max seller cont 3% |
| Citizenship Status | Citizens, Green Card, non-permanent residents (select visa types), Foreign nationals (lower LTV’s – FL only) |
