REAL ESTATE LOANS
COMMERCIAL TERM LOAN The difference between our loans and the banks is their loans are slow and difficult to work with as they are regulated by several laws of government. With a loan from SBS it will be faster and requires less documents depending on the loan structure you may not need to produce tax returns for income verification, simple application, fast close and reliable. The program we offer require the property to be non owner occupied 5+ Multi family, mixed use, office, retail, warehouse, storage, automotive (No Gas), Industrial, Retirement Living, Storage Building, and 5+ SFH. Closing within 10 business days in the event we have all documents needed for a full underwriting package. For Stated, No income verification
LOANS AMOUNTS: $75,000.00 to $5,000,000.00 All of the above is depending upon deal and credit, loan fees 2% minimum credit score 650 preferred, but no minimum required. The term and loan amount depends on credibility. NOTE: 15 to 25 year term loans ranging up to $5,000,000.00 With No maximum limit for all commercial types. Full documents, Nationwide and International with 20% Injection and verifiable annual revenue to be at least 3.5% of loan amount. |
COMMERCIAL BRIDGE LOANNeed a loan to bridge the gap and close quickly, the general term is short and rates are higher than our long term loans but we can fund in a matter of days.
Collateral: All income producing, for development deals and land on a case by case basis. Lending Areas: Globally Loan Amounts: $75,000.00 to $5,000,000.00 + larger on a case by case basis Loan Fees: Minimum 4% Credit Score: 650 preferred, but no minimum required. Recourse: Personal and /or corporate CASH - OUT REFI| For Cash - Out Refi loans, No Minimum Title Seasoning for Cash - Out Refinances if work has been performed on the property. No Minimum credit score are considered on exception wit up to 80% LTV, and up to 24 month term depending on credit score and other factors. Blanket loans up to 10 properties. Need Cash - Out but the property doesn't quite debt service? A 2 year bridge loan would maybe the perfect fit. 80% LTV with 700 + credit score ( Must have 3 + investment properties in the last 3 years) NO DSCR Required Loan Amounts up to $5 million Cash - Out up to $1 million Foreign nationals welcome with scoreable credit. Notes: Clear exit strategy a must NATIONWIDE EXCEPT: CA, AZ, VT, NV, ND, SD, MN, UT, OR, ID |
RESIDENTIAL SHORT & LONG TERM LOAN Income Verification for our loans.
1-4 Unit investment properties around the country.. Closing fee $995.00, Purchase price $75,000.00 C1,C5, Interest only, Refi. No Pre payment penalty for fully amortization available. ARV Funding | Rehab Cost on non owner occupied residential buy, flip, hold, refi, with loan amounts ranging from $75,000.00 to $5,000,000.00, bridge interest only, up to 90% LTV with 100% Rehab Cost, with no more than 75% ARV. Up to 24 month loan term depending on credit score. For construction build, stated income, credit score, no minimum required, but prefer 650 for the following Globally. LONG TERM RENTAL LOANS | Available in selected states on non-recourse loans basis. Loan amounts $75,000 - $3,000,000 30 year loans are available for a single property loan only; not eligible for blanket loans. NATIONWIDE EXCEPT: CA, AZ, VT, NV, ND, SD, MN, UT, OR, ID |