Whether you are acquiring a new piece of real estate or
just need cash out of an existing property for business operating
expenses, Mortgage America has a
solution.
Mortgage
America specializes in innovative real
estate financing by offering Power
Solutions for hard-to-place loans on a wide
variety of property types including:
- Commercial
- Office
building
- Office
condo
- Medical
building
- Retail
- Strip center
- Shopping center
- Mixed
use
- Light
industrial
- Warehouse
- Storage
facility
- Mobile home park
- Multifamily (5+ Units Apartment)
- Construction &
Land
- Special Purpose
- Hotel
- Motel
- Casino
- Franchise
- Bar &
restaurant
- Bed &
breakfast
- Hospital
- Healthcare
- Nursing
home
- Assisted
living facility
- Senior
housing
- Automotive
- Car
wash
- Gas
station
- Convenience store
- Parking
garage
- Church
- Day care
- Dry
cleaner
- Funeral
home
- Sports
& recreation facility
- Mall and
outlet mall
Commercial
Real Estate Loan
Programs
- Loan size
$250,000-$5,000,000
- Maximum
loan-to-value (LTV) 90%
- 5-year fixed rate at 6.50%
- Amortization up to 30
years
- No
personal guarantees option at 50% LTV or lower
- Participating loan /
mezzanine loan
- No income,
no asset verification program available
- Equity line of credit
Apartment Loan
Programs
- Loan size
$250,000-$5,000,000
- Maximum
loan-to-value (LTV) 90%
- 5-year fixed rate at 6.00%
- Amortization up to 30
years
- No
personal guarantees option at 50% LTV or lower
- Participating loan /
mezzanine loan
- No income,
no asset verification program available
- Equity line of credit
Construction & Land
Loan
Programs
- Residential construction loan
from $250,000 to $1,000,000
- No doc. new residential
construction loan up to $600,000 per SFR unit
- Commercial construction loan
from $250,000 to $5,000,000
- Low rate,
high loan-to-value (LTV)/loan-to-cost (LTC)
- Non-FICO
driven program available
- No income,
no asset verification program available
- Participating loan
- Land development
loan
Hard Money Loan & Bridge Loan
Programs
- Any condition, any credit,
fast and easy
- Commercial, income & non
owner occupied residential properties
- Loan size from
$250,000 to $5,000,000
- Low rates start at 6.90%
- Interest only payment
- 1-5 year term
- Reasonable fees
- Combined-loan-to-value (CLTV)
up to 90% of purchase price with 10% of borrower's own money
- Unlimited cash out for any
reason
- 5-7 day closing after loan
approval
- No prepayment penalties
- Fund to individuals, foreign
nationals, corporations, limited partnerships, limited liability
companies, trusts and other business entities
- Housing Solutions Program provides
property owner facing the possibility of losing their home or
other real estate a great
opportunity to solve the immediate financial problem, remain in
their home, and the option of repurchasing their homes
- Renovation programs offering
loan-to-value (LTV) up to 70% of total project
costs
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