Commercial Lenders of America
Address: 155 North Wacker Drive, SUITE 4250, Chicago, IL 60606
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
- 4 stars0
- 3 stars0
- 2 stars0
- 1 star0
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