International Business Loans
 
Office
 
Multifamily
 
Industrial

INTERNATIONAL COMMERCIAL MORTGAGES from USD 2 Million

Lending Area: United States, Canada, Caribbean, Central America, Mexico, and South America


To secure a LOI (Letter of Interest), direct lender only needs an Executive Summary (ES).
Borrower can use own ES also.


NO UPFRONT FEES

NO UPFRONT CREDIT PULL

Timely financing for commercial and investment real estate properties with competitive permanent loan terms and a streamlined process. We offer full documentation and stated income, no tax return loans. Real estate can be held as an investment or occupied by the owner’s business. Purchase, refinance, cash-out refinance, and land development programs are available nationwide. With large balance loans of $2,000,000 plus, the lending criteria focuses more on project worthiness. However, sponsor/guarantor strength is still a factor. Borrowers can be Individuals, corporations, LLCs, partnerships, trusts, estates, international investors, etc.

 Property TypesMortgage TypesDocumentation Types 
Church or Synagogue
Golf Courses

Hotels, Motels, Resorts

Industrial / Warehouse
Mixed Use
Mobile Home Parks
Multi-Family (5+ Units)
Office Buildings

Land Development
Retail Buildings
Self Storage Facilities
Single Tenant
Special Purpose
Student Housing
Purchase
Refinance for Rate & Term
Refinance with Cash Out
Project Financing
Hard Money
Non-Recourse
Bridge Loans ($2M to $100M, 12-36 mo)
Investment Properties
Construction
International Loans
Blanket (multi-property)
Permanent Placement
Corporate and LLC
Mezzanine

Debt & Equity
Full Documentation: Borrower’s income is verified by a federal tax return. Any loan involving an owner-occupied business will also require a business federal tax return. Loans in this underwriting class tend to have the lowest interest rate.

No Documentation: Borrower’s income is not disclosed to the lender. This underwriting class tends to have the highest interest rates and is defined as “hard money”.

Credit Requirements: All personal credit types. Usually, the higher the credit score the lower the interest rate although with commercial mortgages there are many other factors that effect the rate.

LOAN PROGRAMS


Note: Once loan is approved, borrower needs to pay for Appraisal and Environmental (if required by lender).

$2 Million Plus
STATED INCOME
Mixed-Use, Multifamily, 
Office, Retail, 
Self-Storage, Warehouse
Hard Money
Amortization
Cash Out
Credit Score Required
Documentation Type
Foreign Nationals
Interest Rates:
Lending Area
Letter-of-Interest (LOI) 
Lien Position
Loan Amount
Loan-to-Value (LTV) Max
Loan Type
Non-Recourse
Origination Fee
Prepayment Penalty
Process Time
Property Type
Repayment Term
30-year .......................................................................
Yes, for any purpose .................................................
650 (620, if LTV is 50% or less) ................................
Stated: No Tax Returns, No W-2, and No 4506T

Yes, with a SSN or ITIN and a US Residence ..........
6.75% - 8.99% ............................................................

Nationwide ................................................................
Same Day ...................................................................
1st ...............................................................................
$2M to $5M ...............................................................
75% Purchase, 70% Refinance .................................
Purchase or Refinance .............................................
Recourse ....................................................................

TBD .............................................................................
5 years ........................................................................
2-4 weeks ...................................................................
Mixed Use, Multifamily, No Construction ..............
3 or 8 year fixed ........................................................
Interest Only
Yes, for any purpose
Not as Important
Stated: No Tax Returns, No W-2, and No 4506T

Yes, with a SSN or ITIN and a US Residence
11% - 16%

Nationwide
Same Day
1st
$2M to $100M+
60% Income Producing; 50% Construction
Purchase or Refinance
Recourse

TBD
N/A
2-4 weeks
All Types of Commercial Real Estate
12 to 36 months fixed
 $2 Million Plus
FULL DOC
 Bridge Loan & Refinance: 
Hospitality, Medical, Mixed Use, & Retail
Western States
Church/Temple, Industrial, Mixed Use, Multifamily, Office, Retail, Special Purpose
Amortization
Cash Out
Credit Score Required
Documentation Type
 Interest Rate
.
.
.
.
Lending Area
.
.
.
.
Letter-of-Interest (LOI) 
Lien Position
Loan Amount
Loan Type
Loan-to-Value (LTV) Max
,
,
,
,
,
,
,
,
Non-Recourse
Origination Fee
Prepayment Penalty
Process Time
Property Type
Repayment Term
30-year ........................................................................
Yes, for any purpose .................................................
......................................................................................
Full Doc .......................................................................

5.30% to 5.70% ..........................................................
.
.
.
.
Nationwide .................................................................
.
.
.
.
Same Day ...................................................................

1st ...............................................................................
$2M to $20M ..............................................................
Bridge Loan (Purchaser or Refinance), Refinance .........
80% .............................................................................
.
.
.
.
.
.
.
.
Non-Recourse ............................................................

TBD ..............................................................................
None ...........................................................................
2-4 weeks ...................................................................
All Types of Commercial Real Estate Considered
30 years with 10 year fixed ......................................
30-year
Yes, for any purpose
720 (middle credit score)
Full Doc
5 year Fixed: 5.15%* (discounted from 5.50%)
7 year Fixed: 5.58%* (discounted from 5.93%)
10 year Fixed: 5.84%* (discounted from 6.19%)

*If borrower establishes a min $50K deposit account borrower receives the lower rate
Western States:  Arizona, California, Colorado, Iowa, Idaho, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington,  Wisconsin, Wyoming.
Same Day
1st
$2M to $10M
Purchase or Refinance
Church/Temple: 65% 
Industrial Building: 75%
Mixed Use Property: 70%
Multifamily 5+ units: 75%
Office Building:
- owner-occupied, 75%
- non-owner occupied, 70%
Retail Properties: 70%
Special Purpose: 60%

Non-Recourse
TBD
None
2-4 weeks
Multifamily, 5+ Units
30 years with 3, 5, or 7 year fixed          (300R-400B/325)
$2 Million Plus
FULL DOC
Bridge LoansAll Commercial Property
Types Considered

Amortization
Cash Out
Credit Score Required
Documentation Type
 Interest Rate
Lending Area
Letter-of-Interest (LOI) 
Lien Position
Loan Amount
Loan Type
Loan-to-Value (LTV) Max
Non-Recourse
Origination Fee
Prepayment Penalty
Process Time
Property Type
Repayment Term
 

Interest Only ..............................................................
Yes, for any purpose .................................................
TBD
Full Doc .......................................................................
7.99% to 12% .............................................................
Nationwide .................................................................
Same Day ...................................................................
1st ...............................................................................
$5M to $100M ...........................................................
Purchase or Refinance ..............................................
80% .............................................................................
Recourse or Non-Recourse ......................................
TBD ..............................................................................
None ...........................................................................
2-4 weeks ...................................................................
All Commercial Property Types Considered ..........
6 months to 3 years ..................................................

20-year, 25-year
Yes, for any purpose
640 (minimum credit score)
Full Doc

4.25% - 5.50%
Nationwide
Same Day
1st
$2M to $100M+
Purchase or Refinance
75%

Recourse
TBD
None
2-4 weeks
All Commercial Property Types Considered
5 years
© Globe Banc Capital Limited