1135 Heatherstone Drive
Fredericksburg, VA 22407
Phone: (800) 710-6762 option 4
Fax: (540) 548-1117

Recent Closings: **Multifamily Property Purchase | 72% LTV | Broker Commission: $27,000** **Auto Repair Facility Refinance | 65% LTV | Broker Commission: $21,450** **Office Building Refinance | 75% LTV | Broker Commission: $12,000** **Restaurant Refinance | 55% LTV | Broker Commission: $13,500** **Hotel refinance | 62% LTV | Broker Commission: $54,844** **Multifamily Property Refinance | 80% LTV | Broker Commission: $22,400** **Retail Strip Center Purchase | 78% LTV | Broker Commission: $29,700** **Retail Strip Center Purchase | 70% LTV | Broker Commission: $10,710** **Hotel Purchase | 85% LTV | Broker Commission: $31,812** **Restaurant Refinance | 72% LTV | Broker Commission: $18,086**

SBA Loans

This SBA loans is best used by a borrower looking to purchase or construct commercial real estate that will be at least 51% owner occupied. The remaining portion may be leased out to tenants and generate income for the property owner. This SBA loan program utilizes a first mortgage and a second mortgage that is guaranteed by the Small Business Administration (SBA). Both loans are processed simultaneously to decrease the time needed to fund the transaction.

SBA Loan Program Guidlines:

90% LTV for multi use, and 85% for special use.
Loan amounts as little as $250,000 and as high as $7mm.
Fixed rate commercial loans up to 25 years for conventional loans, and 20 years for SBA loans.
Debt Service Coverage Ratio (DSCR) as low as 1.00 to 1.00.
Multiple prepayment options to choose from.

SBA Loan Program Benefits:

Low down payment.
Easy underwriting guidelines.
Fixed payment options.
Easy to qualify terms.
Flexible prepayment options.