Below you'll find some answers to your questions but if you cant find the answer please don't hesitate to contact us!
Please contact us if you cannot find an answer to your question.
CREI Lending is approved to lend nationally except in MN, ND, OR, SD, UT, and VT.
(Our brokers may be able to help you obtain a loan on the following states listed below, please contact us for more information. )
The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property.
No, we analyze and make sure by asking you questions if you are a good candidate first, then once you feel comfortable with terms presented to you, then you will sign papers confirming so, then we will proceed in pulling credit when starting the loan process.
Debt Service Coverage Ratio, known as "debt coverage ratio", is a financial metric used to assess an entity's ability to generate enough cash to cover its debt service obligations. These obligations include interest, principal, and lease payments.
Loan-To-Cost compares the financing amount of a commercial real estate project to its cost. LTC is calculated as the loan amount divided by the construction cost.
Yes, all guarantors on a loan will need to be confirmed via background and credit check. For more information on why please contact us so we can send you a brochure with more in dept information on other qualifying factors to a loan.
Contact us and a representatives will be able to email you a brochure of all our loan products.
OUR DIRECT LENDING IS AVAILABLE ON ALL UNITED STATES EXCEPT FOR: Minnesota, North Dakota, Oregon, South Dakota, Utah, and Vermont.
(Our brokers may be able to help you obtain loans on those following states listed above with our partnered companies, please contact us for more information.)
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