Edward Chapman
Edward Chapman
SENIOR COMMERCIAL CAPITAL
Direct: 248-289-3020
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STANDARD LOAN GUIDELINESFOR ALL LOANS
LOAN to VALUES:
- 65-75% LTV all Properties
- 80% LTV for Multi-Family Purchases in Tier I & Tier II areas Only
NON-RECOURSE FINANCING:
INTEREST RATES:
- 3.75 – 6.0% Interest Average
- 8.99 – 11% Bridge Loans/Hard Money
TERMS:
- 5, 7, and 10 year Terms
AMORTIZATION:
- 25-30 years
ASSET BASED:
- No Personal Guarantee
- Must Close in Lender's Office
- Non-Credit Score Driven