Featured Loan Programs - More Details


Multi-family - Mixed Use - Office - Retail

Our "Multi-family - Mixed Use - Office - Retail" loan programs work off of the cash flow of the property. The annual income less your fixed and operating expenses will determine your net income. That number will be used as a basis in determining your loan amount. Rates are very competitive but in order to qualify you will need to verify the income and expense on the property. Your personal income is not necessarily a factor in determining if you qualify for this type of loan and the focus is on the property.

Five year fixed rates when amortized over 30 years will give you the lowest monthly payment and therefore give you the maximum loan amount. Statistically most people refinance within the first five years so this shorter term should not be a factor in choosing a loan program.

Prepayment penalties usually start at 5% in the first year of the loan and decline at 1% a year for the first 5 years. Other programs will have variations of this structure and you should inquire as to the specifics of the programs quoted. If this is a significant issue you should consider our No Prepayment Penalty product.


Click for more information about:

    Multi-Family - Mixed Use - Office - Retail
    No Prepayment Penalty
    Bridge Loans
    Special Use - Stated
    Special Use - Owner Occupied Only
    SOLO I - 95% Financing
    Construction Loans
    Hard Money - Construction Rehab
    Hard Money
    SBA Loans
    Owner Occupied Properties


Click here for Featured Tri-State (NY, NJ, CT) Loan Programs
Click here for Featured Nationwide Loan Programs


 
     
  Call Today 516-466-0200 for a free loan analysis and quote
or click here to apply online!

** NO OBLIGATION - NO UP FRONT FEES **

Many programs are available!
Click here to request more information!


North Coast Funding, Inc. - Your Commercial Loan Specialist
1010 Northern Boulevard, Suite 208, Great Neck New York 11021
Telephone: 516-466-0200 / Fax: 516-466-1270