- Full Doc Commercial Loans
From $250,000 to $50,000,000
- Stated
Income Commercial Loans From $50,000 to $5,000,000
ERM Commercial Lending is
a leading provider of wholesale commercial loans to the
commercial mortgage broker community. Our approved
brokers earn above average premiums and have additional
incentives for production. Our business model is
simple---pay the highest loan premiums to mortgage
brokers while offering the most competitive wholesale
pricing available in the marketplace. Our brokers earn
up to 2% YSP and an unlimited amount on origination fee.
We offer commercial real
estate loans from $250,000 to $50 million on most
commercial property types. Including
apartment/multi-family, retail, office condos, office,
light industrial, owner occupied, investor, owner
occupied construction loans, automotive, Hotels, mixed
use, church and many more.
Here is why you should
work with us on your commercial loans:
- Speed - You
can expect a term sheet in 48 hours and a loan
commitment within one week of submission of a
completed loan package.
- Flexible Third
Party Guidelines - We will accept
recommendations from you on an appraiser you want to
use. We may use them if they meet our guidelines.
- Zero Point Loans
- We offer our customers great rates and as low as
zero points.
- Pricing -
Some of the most aggressive wholesale rates in the
industry.
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Minimum
Documentation for Loan Submissions |
- Rent
Roll
- Current
credit report with in 30 days
- Two
years business tax returns
- Two
years personal tax returns
- Resume
from client showing 2 years experience
- Business
license if required
-
Corporate or LLC documents going into
title
- Current
P&L on primary and or partners
|
-
Appraisal (only if you have a current
one completed)
-
Environmental report (if it has been
completed)
-
Insurance agent contact information for
subject property
- Cash out
refinance (explanation for what the cash
will be used for)
- Purchase
and Sales agreement (if applicable)
- Minimum
of three exterior photos (email only)
- Minimum
of three interior photos (email only)
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