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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.
Caterpillar Chief Executive Officer Jim Umpleby said that after a thorough site selection process, the company picked Deerfield, located about 25 miles north of downtown Chicago, because of its proximity to O’Hare International Airport…
Beijing summons Apple over live-streaming apps
– rss.cnn.com
Oil drops; Verizon reports; U.S. futures rise
– rss.cnn.com
Former O'Reilly contributor: Complaints were ignored
– rss.cnn.com
Office Market Swings in Tenants' Favor
– wsj.com
GM says Venezuela has seized its car plant
– rss.cnn.com
