If you are a real estate investor, entrepreneur, self-employed, or have unusual sources of income, then lite document loans may be perfect for you. “Lite-doc mortgages” or “Lite-doc loans” are loans that offer a streamlined process of approval using nontraditional financial documentation. . Let us know if you are seeking fast, efficient financing approval. Reach […]
Although COVID has impacted the viability of certain business ideas, we are still working on plenty of mixed use project loans this year. Commercial Mortgage Depot (CMD) is here with an update on Mixed Use loans in New York, New Jersey, Connecticut, and Pennsylvania. Speak to our Clifton, NJ team about getting mixed-use loans to […]
Nationwide small balance loans have helped stabilize multi-tenant properties in cities small and large. With us, you can get a flexible and streamlined review process to refinance or start a new project. Get approved for larger sized funds and discover many term and rate options. Commercial Mortgage Depot (CMD) is here to provide an update […]
As COVID-19 continues to cause fluctuations in businesses and real estate, many new commercial properties are coming on the market. These properties are great opportunities for fix and flippers. Rehab loans are here with great rates for commercial real estate investors. Contact the Clifton, NJ office of Commercial Mortgage Depot (CMD) for deals for New […]
Many investors of apartment complexes rely on stated income loans to purchase, rehab, or fund property changes. This is how they can use their portfolios and business income to fund loans versus the traditional methods. Lenders are tightening approval restrictions in response to the economic crisis created by COVID-19. Fortunately, many may still get fast […]
Many businesses need the flexibility in line of credit programs for fix and flip commercial properties during COVID-19. Some need quick access to cash for unpredictable expenses, and with a line of credit, can avoid over-borrowing. Commercial Mortgage Depot (CMD) can help you finance your next investment Fix and Flip Line through Line of Credit […]
Have the impacts of COVID-19 altered your traditional income sources and credit score? Often, these need to be in good shape to get approval through a traditional underwriting process. Hard money loans may be a solution if traditional underwriting is not working for you. These loans can be used for residential or commercial financing. Hard […]
Commercial loans help investors and businesses grow their portfolios, even during the COVID-19 pandemic. There are an array of products and property types available. Depending on your needs, you can get fast and flexible financing. Commercial Mortgage Depot (CMD) helps business owners find great commercial loan rates in New York, New Jersey, Connecticut, and Pennsylvania. […]
As discussed in our previous blog, an SBA loans used by businesses in the area that meet small business underwriting criteria. Recently the Small Business Administration announced it is providing relief to current 7(a), 504, and microloans that are in regular service. This includes loan disbursed prior to September 27, 2020. Relief comes in the […]
People usually take advantage of a blanket loan to buy more than one piece of real estate property. This type of loan is popular among builders and developers subdividing large tracts of land or building master developments. Commercial Mortgage Depot (CMD) is a great place to start if you want to finance multiple properties and […]
