Good credit qualifies you for great rates. Express Capital Financing offers great rates and terms for loans that meet bank compliant guidelines by taking in to consideration the strength of the borrower while still offering the flexibility you’ve come to know us by.
New Express Bank Rate Program
| Loan Amount | 1 million to 15 million |
| Loan Purpose | Purchase, Refinance, Cash Out |
| Property Types | Multifamily, Light Industrial/ Warehouse, Mixed-USE, Office, Retail, Self-Storage, Mobile Home parks |
| LTV | LTV up to 80% MF, Up to 70 m/u office warehouse, Up to 65 Mobile home park and self storage, Up to 60 retail |
| Loan To Value | Up to 75% |
| Rate | 6%+ |
| Credit Score | 625 |
| Occupancy | Investor and Non O/O |
| Term | 10 Years (5,7 Year Hybrid, or 10 year fixed) |
| Amortization | Up to 30 Years |
| Tax Returns Required | Full Tax Returns Required |
| Location | Nationwide (Except ND & SD) |
| Min DSCR | DSCR Min 1.2 MF, Min 1.25 M/u, Min 1.3 Retail |
| Pre Payment Penalty | 5 yr - 54321, 7 yr - 5544321, 10 yr - 5544332211 |
| Buy Downs | Case by case |
| Recourse/ Non-Recourse | Non-recourse available $1Mil+ Unrestricted cash out |
Closing time 3-5 weeks Direct lender
GET IN TOUCH
READY TO GET STARTED?
Get preliminary approval within 24 hours. Simply complete the form using the link below, or call us at 718-285-0806:
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OR fill out and return the following paper application: