FLORIDA COMMERCIAL – BRIDGE FLORIDA MORTGAGE LENDERS
- Purchase Florida Commercial
- Refinance Florida Commercial
- Foreign Nationals Florida Commercial
- Bank Turn-downs Florida Commercial
- Quick Closings Florida Commercial
- Discounted Payoffs Florida Commercial
- Vacant Properties Florida Commercial
- Distressed Locations Florida Commercial
- In Default, Foreclosure Florida Commercial
- Chapter 11 Exits Florida Commercial
- Balloon Payments Only Florida Commercial
- Renovation Florida Mortgage Lenders Commercial
FLORIDA COMMERCIAL HARD MONEY MORTGAGE LENDERS
- Minimum Loan Amount $2,000,000
- Maximum Loan Amount $100,000,000+
- Interest Rate ($1-10MM) 6.5% – 9.5%
- Interest Rate ($10MM+)
- 1 Month LIBOR plus 400 – 600 BPS
- Term Length12 to 36 Months
- Time to Close2 to 3 Weeks
- Maximum Loan to Value ($1MM-$4MM)70%
- Maximum Loan to Value ($4MM-$100MM+)80%
- Lien Position1st
- RecourseFlexible
- Acceptable Markets
- Nationwide Urban and Suburban
- Minimum Personal FICO Score = 0 None
- Legal Fee Deposit
- Required Appraisal Case-by-case
FLORIDA COMMERCIAL MORTGAGE TYPES
- Multifamily Florida Mortgage Lenders Commercial
- Retail Florida Mortgage Lenders Commercial
- Hotel/Motel Florida Mortgage Lenders Commercial
- Office Florida Mortgage Lenders Commercial
- Student Housing Florida Mortgage Lenders Commercial
- Mobile Home Parks Florida Mortgage Lenders Commercial
- Medical Florida Mortgage Lenders Commercial
- Self-Storage Florida Mortgage Lenders Commercial
- Manufacturing Florida Mortgage Lenders Commercial
- Warehouse Florida Mortgage Lenders Commercial
- Owner/User Florida Mortgage Lenders Commercial
- Single Tenant Florida Mortgage Lenders Commercial
- Select Vacant Florida Mortgage Lenders Commercial
- Luxury Residential Investment
COMMERCIAL FLORIDA COMMERCIAL DOCUMENT CHECKLIST
- Color Photos or Old Appraisal
- Most Recent 2 years Profit and Loss
- Rent Roll (if applicable)
- Personal Financial Statement
- Operating Agreement/By-Laws
- Purchase Sales Agreement (if a purchase)
- Hud-1 (if purchased in the last 3 years)
- List of Improvements Made/Required
- Resume/Background of Principal(s)
COMMERCIAL FLORIDA COMMERCIAL MORTGAGE PROCESS
Apply online in just minutes. Speak to a Florida commercial officer and gather documents for underwriting. What we require to issue terms.
AGREE TO TERMS COMMERCIAL FLORIDA and conditions
We will issue terms within 3 to 5 days of receiving documents. Upon execution of terms, a refundable expense deposit is required for a site visit, legal, and third parties (if required).
We will conduct a site visit. We will need a preliminary title report. We typically require an appraisal to close in secondary markets and will consider an appraisal you already have.
We will close your loan and fund within 2 to 3 weeks of issuing terms. You can close at your local title company or attorney’s office. We allow remote closings when required.
WHY FLORIDA COMMERCIAL MORTGAGE LENDERS