Commercial Lenders of America

Address: 155 North Wacker Drive, SUITE 4250, Chicago, IL 60606

clamericacash.com

Internal reviews

2 reviews
Total loans closed with Loan Factory
0
Total loans closed with Loan Factory (past 12 months)
0

Lender overview

Basic information

QM program
N/A
Loss payee
N/A
CPL or subordinate clause
N/A

Lock policies & fees

Lock policies

Lock extension
N/A
Relock
N/A
Lock & Shop
No

Lender's niche & overlays

Lender's niche

Commercial Real Estate (CRE) Loans

Ground-Up Construction (Commercial Only)

Construction Loans (Commercial Only)

Land Loans (Commercial Only)

Fix and Flips

DSCR Loans

Bridge Loans

Refinance Loans


Lender's overlays

Minimum Loan Amount: Prefer $500K+ (depends on the loan type)

Non-owner-occupied properties only

First-lien positions only

Minimum down payment: 25%-35%, depending on the program


Lender turn time

Initial underwrite (days)
0
CTC conditions review (days)
0
Initial CD (days)
0

Reviews

3.0out of 5

Based on 2 reviews

  • 5 stars0
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  • 1 star0

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