a division of Griffin Capital Funding is a nationwide wholesale commercial loan lender Archives - Submit Articles https://www.submit-articles.net/tag/a-division-of-griffin-capital-funding-is-a-nationwide-wholesale-commercial-loan-lender/ Submit Articles and Find Free Articles Wed, 19 Aug 2009 18:42:24 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.submit-articles.net/wp-content/uploads/2020/09/cropped-favicon-512x512-2-32x32.png a division of Griffin Capital Funding is a nationwide wholesale commercial loan lender Archives - Submit Articles https://www.submit-articles.net/tag/a-division-of-griffin-capital-funding-is-a-nationwide-wholesale-commercial-loan-lender/ 32 32 Commercial Loans, Commercial Mortgage Loans https://www.submit-articles.net/commercial-loans-commercial-mortgage-loans/ Wed, 19 Aug 2009 18:42:24 +0000 https://www.submit-articles.net/?p=530 YSP Loans is a division of Griffin Capital Funding; we are a secondary market lender specializing in owner occupied and partially owner occupied commercial real estate loans from $250,000 to $6,500,000. We do not generally charge points or origination fees on our commercial mortgage products. We offer the following commercial mortgage types: “¢ Conventional commercial […]

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]]> YSP Loans is a division of Griffin Capital Funding; we are a secondary market lender specializing in owner occupied and partially owner occupied commercial real estate loans from $250,000 to $6,500,000. We do not generally charge points or origination fees on our commercial mortgage products.
We offer the following commercial mortgage types:
“¢ Conventional commercial mortgages to 75% loan to value.
“¢ SBA Loans to 90% loan to value.
“¢ B&I loans to 90% loan to value ($40,000,000 maximum under this program)
We also partner with life insurance companies to provide loans on investment properties for loan amounts from $3,000,000 to $35,000,000.

We offer six different commercial loan products:

1. Full Document Commercial Loans - 85% is the maximum we will lend; this is made up of a 75% first trust commercial loan and up to a 10% second trust commercial loan. Our minimum credit score is 660 however we do not allow any prior history of BK on our Full Document commercial loan product. Loan amounts from $250,000 to $15,000,000

2. Stated Income Commercial Loans ““ 80% is the maximum we will lend; we do not offer second trusts on this product. Our minimum credit score is 650 and no BK in the past 7 years is allowed. Loan amounts from $250,000 to $2,000,000

3. Commercial Bridge Loans ““ 70% is the maximum we lend; second trusts are permitted but we do not offer them. There are no minimum credit score requirements. The commercial bridge loan is offered from $1mm to $15mm in most metropolitan areas. General purpose commercial properties are allowed with a special interest in income producing properties.

4. SBA 504 Commercial Loans ““ 90% is the maximum combined loan to value between our commercial loan and the SBA debenture. No minimum set credit score. Loan amounts from $500,000 to $7,500,000.

5. B&I Commercial Loans ““ 90% is the maximum we will lend. No minimum set credit score. Loan amounts from $1mm to $15,000,000.

6. Non Profit Loans ““ 80% first trust commercial loans and up to 100% CLTV with a second trust.

Visit the Author's website: http://www.ysploans.com/

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