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Stated Income Loan Programs
Call BRT Financial @ 904-551-6090
Debt Service Coverage Ratio!
The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.
Square Feet: Amid Delays, Hong Kong’s Ambitious Museum Plan Takes Shape
– nytimes.com/services
U.K. growth falls to just 0.3%. Is more pain on the way?
– rss.cnn.com
Recent Commercial Real Estate Transactions
– nytimes.com/services
Trump's first GDP report; Exxon earnings; Brexit bites
– rss.cnn.com
US Office Vacancy Rises for First Time Since 2010 as Construction Peaks and Rent Growth Slows
– costar.com/News
Total net absorption in the US office market slipped approximately 9% from the same period a year ago as developers added an additional 19 million square feet of new office space across the country…