APARTMENT AND COMMERCIAL LOANS
The Funding Group, a leading single family home lender, is now offering its distinct lending solutions on both multi-family and commercial property transactions.
Our custom-tailored loans are a great fit for borrowing reasonings that require a specific understanding of the local Southern California marketplace.
– The Funding Group specializes in niche multi-family and commercial property loans that are custom-tailored for borrowing scenarios that require a specific understanding of the local Southern California marketplace.
What do our loans include?
Our Multi-Family, Mobile Home Park, Industrial, Office, and Retail Financing Options Include:
- Access to regional banks & credit unions with local property expertise and fast turn times.
- Interest-only loan options available on multi-family, mobile home park, industrial, office, and retail properties through our fixed and adjustable rate loan programs.
- Balloon payments or 30-year terms available. Loan options with or without prepayment penalties for 5/1, 7/1, 10/1 ARM’s.
- Range of full recourse, partial recourse, and non-recourse options. DSCR as low 1.1 times coverage.
- Bank sourced short-term bridge loans during rent stabilization starting at Prime Rate and up to $10 million.
- Stated income available. No need to go beyond the subject property in the underwriting analysis.
- Private lending sources offering closings in 15 days. Loans up to $25 million and no prepayment penalty.
Here are some of the added benefits of our loans:
- Debt coverage ratio as low as 1:1 DSCR.
- Foreign buyers OK.
- Owner/User portfolio lending options.
acquisition rates start
at Prime +2% plus
“I had a very difficult situation with complexities that I will not go into but Wes was patient and stood by us the entire time. He was smart and had a lot of creative ideas. I cannot thank him enough and will be going back to him when I make my next purchase!“
– Garret W.
Frequently Asked Questions
What is the lowest fico you accept ?
580 credit score
What is the minimum down payment?
10% on Jumbo and 5% for conventional
Do you have programs that don’t require tax returns?
Yes, bank statement and DSCR program and full stated program
Start Your Loan Application
Ready to start your loan application process? Simply fill out this contact form and one of mortgage brokers will be in contact with you in a timely manner.
At The Funding Group we deliver the absolute best lending experience through knowledge, communication and care.
Our mission supports the growth and strength of our communities and provides a pathway to the dream of home ownership.
451 N Canon Dr Suite 1
Beverly Hills California 90210