FLORIDA COMMERCIAL – BRIDGE FLORIDA MORTGAGE LENDERS
- Purchase Florida Commercial
- Refinance Florida Commercial
- Foreign Nationals Florida Commercial
- Bank Turn-downs Florida Commercial
- Quick Closings Florida Commercial
- Discounted Payoffs Florida Commercial
- Vacant Properties Florida Commercial
- Distressed Locations Florida Commercial
- In Default, Foreclosure Florida Commercial
- Chapter 11 Exits Florida Commercial
- Balloon Payments Only Florida Commercial
- Renovation Florida Mortgage Lenders Commercial
FLORIDA COMMERCIAL HARD MONEY MORTGAGE LENDERS
- Minimum Loan Amount $2,000,000
- Maximum Loan Amount $100,000,000+
- Interest Rate ($1-10MM) 6.5% – 9.5%
- Interest Rate ($10MM+)
- 1 Month LIBOR plus 400 – 600 BPS
- Term Length12 to 36 Months
- Time to Close2 to 3 Weeks
- Maximum Loan to Value ($1MM-$4MM)70%
- Maximum Loan to Value ($4MM-$100MM+)80%
- Lien Position1st
- RecourseFlexible
- Acceptable Markets
- Nationwide Urban and Suburban
- Minimum Personal FICO Score = 0 None
- Legal Fee Deposit
- Required Appraisal Case-by-case
FLORIDA COMMERCIAL MORTGAGE TYPES
- Multifamily Florida Mortgage Lenders Commercial
- Retail Florida Mortgage Lenders Commercial
- Hotel/Motel Florida Mortgage Lenders Commercial
- Office Florida Mortgage Lenders Commercial
- Student Housing Florida Mortgage Lenders Commercial
- Mobile Home Parks Florida Mortgage Lenders Commercial
- Medical Florida Mortgage Lenders Commercial
- Self-Storage Florida Mortgage Lenders Commercial
- Manufacturing Florida Mortgage Lenders Commercial
- Warehouse Florida Mortgage Lenders Commercial
- Owner/User Florida Mortgage Lenders Commercial
- Single Tenant Florida Mortgage Lenders Commercial
- Select Vacant Florida Mortgage Lenders Commercial
- Luxury Residential Investment
COMMERCIAL FLORIDA COMMERCIAL DOCUMENT CHECKLIST
- Color Photos or Old Appraisal
- Most Recent 2 years Profit and Loss
- Rent Roll (if applicable)
- Personal Financial Statement
- Operating Agreement/By-Laws
- Purchase Sales Agreement (if a purchase)
- Hud-1 (if purchased in the last 3 years)
- List of Improvements Made/Required
- Resume/Background of Principal(s)
COMMERCIAL FLORIDA COMMERCIAL MORTGAGE PROCESS
Apply online in just minutes. Speak to a Florida commercial officer and gather documents for underwriting. What we require to issue terms.
AGREE TO TERMS COMMERCIAL FLORIDA and conditions
We will issue terms within 3 to 5 days of receiving documents. Upon execution of terms, a refundable expense deposit is required for a site visit, legal, and third parties (if required).
COMMERCIAL MORTGAGE DUE DILIGENCE completed
We will conduct a site visit. We will need a preliminary title report. We typically require an appraisal to close in secondary markets and will consider an appraisal you already have.
FLORIDA CLOSING COMMERCIAL times
We will close your loan and fund within 2 to 3 weeks of issuing terms. You can close at your local title company or attorney’s office. We allow remote closings when required.
WHY FLORIDA COMMERCIAL MORTGAGE LENDERS
