First Savings Bank / First Merchants Bank

Thông tin cơ bản

Chương trình QM

• Conventional
• Home Ready
• Home Possible
• FHA
• FHA Streamline
• VA
• VA IRRRL
• USDA

Loss payee

contact me

Điều khoản CPL hoặc subordinate

Không có

Chính sách khóa lãi & phí

Chính sách khóa lãi

Gia hạn khóa lãi

n/a

Khóa lại

n/a

Lock & Shop

Không

Thế mạnh & overlay của lender

Thế mạnh của lender

Best Commercial Programs

*Borrower purchasing a building they are moving their business into and occupying at least 51% of the square footage. Can buy a lot, and build a building, buy a building and renovate or buy a building as is. 90% LTV 25 year loan

*Purchase a business- with real estate or lease 90% LTV

*Purchase a franchise- with real estate or lease 90% LTV

*Do a start-up 75% LTV

*Do an Expansion-which is when borrower owns a successful business and want to start a second location -same business -100% LTV

*Partner buyout 90% LTV

* Can add:

• Equipment- Vans, vechicles, trailers, large equipment
• Inventory
• Working Capital up to $ 250K
• Renovations

Debt refinance

Overlay của lender

Must be a for-profit deal. No "Not for profit"

Must be owner occupied.

No strip malls or apartment buildings

680 Fico

No bankruptcy or foreclosure in the past 7 years

Must have at least 2 years business tax returns

Thời gian xử lý

Thẩm định ban đầu (ngày)

1

Xét điều kiện CTC (ngày)

4

CD ban đầu (ngày)

0

Đánh giá