Wednesday, February 28, 2007

2/28/2007 - Inovative 97% LTV Financing on Commercial Real Estate

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Inovative 97% LTV Financing on Commercial Real Estate

Can you imagine a time in which you could obtain a commercial mortgage with practically no money down? Well, that time is now!


One of iBank’s partners, Commercial Direct© is offering borrowers who can document their income and assets up to 97% loan-to-value on owner-occupied properties. Those with investor properties can borrower up to 90% of the property value. While most lenders only offer 75% or 80% loan-to-value, Commercial Direct will help you maximize your cash-on-hand to help grow your business.


Commercial Direct has expertise in small-balance commercial mortgage lending and is exclusively dedicated to meeting the requirements of small business owners and real estate investors who have financing needs ranging from $100,000 to $1.5 million. Commercial Direct will lend on most property types, including multifamily, mixed-use, office, retail, gas stations, self storage and more!


By obtaining your commercial mortgage from Commercial Direct, not only may you qualify for up to 97% loan-to-value, but you can also take advantage of these other unique program benefits:

Up to 30-year fixed rates and terms without balloons
48-hour pre-approvals
Closings in 30-45 days
No ongoing financial reporting requirements

Content provided by Commercial Direct, a division of Bayview Small Business Funding, LLC.

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