Residential Lending Parameters
Lending Area:Texas
Property Type: Primary Residence
Interest Rates: 4 - 6% APR (rates may vary depending upon credit)
Closing Terms:Typically 2 weeks
Commercial Lending Parameters
Term: 1 - 5 Years
Lending Area:Texas (Houston, Dallas and Austin Preferred)
Property Type: All property types considered
Loan Size: Up to $3,000,000
Interest Rates: 9 - 13% (rates may vary depending upon collateral type)
Amortization: Interest Only
Loan to Value: Up to 75%
Closing Terms:Typically 2 weeks
Documents needed
- Completed 1003 Loan Application (Download at https://www.box.net/shared/83ltv9ho56)
- Completed Loan Summary Form (Download https://www.box.net/shared/1fdyf6cx5f)
- Personal Financial Statment (or tax returns) of borrower(s)/guarantor(s)
- Appraisal (If available)
- Construction/Rehab Cost Breakdown (If applicable)
- Rent Roll (If appliable)
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