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- Business Experienced – Global Mortgage Loan Corp Commercial Loan officers have successfully managed multi-million business and know the importance of financing in business. Click here to view profiles of our commercial loan experts. We will be happy to set up an appointment to come to your office to discuss what is best for your business- call us now at 1-954-499-7120.
Click here to see what type of Commercial Properties we can help you secure financing for.
- Focused expertise – Global Mortgage Loan Corp Commercial Loan Division is 100-percent focused on small-balance commercial lending. Our knowledge and depth of expertise maximizes efficiency and becomes your advantage. Our team works closely with the top commercial lending banks to get you the best loan possible.
- Debt-to-income (DTI) underwriting approach – Global Mortgage Loan Corp processes loans with the pioneering lender of the debt-to-income (DTI) approach for small-balance commercial loans. With this flexibility we can factor in the borrower's personal financial strength - as opposed to just the property's cash-flow - when evaluating the ability to repay the loan. So unlike traditional commercial lenders, there no minimum debt-service requirements. As a result, Global Mortgage Loan Corp also offers many innovative features and benefits you're not likely to find elsewhere.
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Loan Size $100,000 up to $1.5 million.
- Rates
Pricing based on property type, LTV and amortization. To get info on our rates, click here.
- Target Borrower
580+ middle credit score, low debt relative to income, willing and able to fully document their income, at least 2 months of principal and interest payments in liquid assets, no bankruptcies within the last 7 years.
- Property Types
To view all eligible property types, please click here
- Loan-to-Value
Loans up to 97% of property value.
- Loan Purpose
Rate/term refinance, cash-out refinance or purchase.
- Occupancy
Owner occupied or investor properties are acceptable.
- Loan Types
6-month adjustable; 2, 3, 5 and 7-year fixed, then adjustable; declining fixed rate and interest only programs are available.
- Terms
15, 20 and 30-year fully amortizing loans are available on all property types.
- Timing
48 hours pre-approvals; 30-45 day closings.
- Other Attributes
No lender points, lockouts, loan committees or loan-to-one borrower. |
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