Apex Commercial Capital

Basic information

QM program

N/A

Loss payee

Apex Commercial Capital Corp.

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

INCOME PRODUCING REAL ESTATE OR INCOME QUALIFYING BUSINESS LOAN – FULL RECOURSE

Lender's overlays

Full recourse to all entities. Personal guarantees are required on all loans.

An appraisal obtained by Apex is required on all properties. All loans must have an environmental questionnaire completed and will require environmental due diligence.

Lender turn time

Initial underwrite (days)

0

CTC conditions review (days)

0

Initial CD (days)

28

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