Commercial:
Global Commercial Mortgage Brokers specializes in small commercial real estate loans. We can offer various programs that fit your needs for financing.
Purchase or Refinance:
Minimum Fico Score: 600+
Minimum Loan Amount: $100,000.00
Cash Out Refinance
Blanket Loans
Property Types:
Multi-Family (5 Units), Mixed Use, Retail, Office, Warehouse, Light Industrial, Bar/Restaurant, Gas Stations, Funeral Homes, Hotels, Motels,
Income Types:
Full Income Documentation
Stated Income
Stated Income/Stated Assets
12 & 24 months Personal & Business Bank Statements
Terms:
2 yr/3yr/5yr, 7yr & 10yr fixed Arm/s
15-Year Fixed
30-Year Amortization
Special Commercial Programs:
Hard Money
Purchase & Refinance
If your Fico scores are less than 600 and the property value is less than $100,000.00, we can still get the property financed under Hard Money Loans.
Residential:
Refinance:
Refinance your home
Rate & Term refinancing up to 95% (Full Income Doc.)
Cash Out & Debt consolidation refinance up to $250,000.00
(Full Income Doc.)
1099 Accepted with filed Tax Returns.
Low credit scores accepted (Low as 540)
6 or 12 months Personal & Business Bank statements
Depending upon lender conditions
Stated Income/No-Doc. Loan available
Limited Income Doc. Loan available
Loans for Non- Owner Occupied Properties, Second Homes & 1- 4 Units (Ask for Details)
Purchase Money:
95% financing available, If you have 640 Score (Full Income
Doc.)
Stated Income Doc. With 680 score
W’2 & Self-Employed
No seasoning on discharged Bankruptcy
Purchase money for Second Home & Non-Owner Occupied Properties. Six months seasoning required. (Ask for
Details)
Ignore Bad credit, charge offs, CCCS and judgments ignored unless affecting title.
1-4 Units are eligible 80% Max (Full income Doc.) 70% Max on Stated Income, Scores 620 accepted. 660 preferred.
All Non Owner-Occupied, Second Homes, 1-4 units need
minimum of 6 months reserves.
All High LTV’s loans need 3 months of reserves.
All monies have to be 60 days seasoned and sourced.