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Commercial LoansHard Money Commercial Real Estate Loans Program Summary: Commercial non-bankable loans based on equity opposed to traditional bank credit demands. We over look the hard line banking requirements and anlyze the merits of the deal to get the loan approved. Banks are only able to approve loans for their very best customers and require up to 3 months of underwriting. For most investors they either do not have the time or the best criteria to qualify. CMC pre-approvals are out in 48 hours and closed within 30 days. Deal Saved! Lending Area: National Closing Time: 30 days Eligible Properties: All commercial properties (1-4 residential units not eligible) Terms: 1 to 3 years Guidelines: Credit not emphasized, Maximum LTV 70% Borrower must demonstrate the ability to service the note.
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