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Commercial
Mortgage Loan
Quick Links |
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Stated
Income Commercial Loans |
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CommercialBanc Auto
Repair Commercial
Loans
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CommercialBanc
Commercial Financing
Division
offers auto repair
center loans for the
refinancing or
acquisition of
existing, stabilized
businesses were the
commercial mortgage
is secured by both
the business and
real estate. |
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Offering both
conforming and
non-conforming
commercial loans for
auto repair centers,
CommercialBanc
provides several
financing options,
including, full,
limited and stated
income auto repair
building loans. |
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For qualified
borrowers and
properties,
CommercialBanc
offers low
fixed-rates, 30 year
terms with flexible
prepayment options.
90% commercial
financing
available on a
case-by-case basis. |
Auto Repair
Commercial Loans and
Financing
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To be eligible for
auto repair center
financing, the
property must meet
local and federal
EPA standards and
requirements and
contain no
underground storage
or holding tanks.
CommercialBanc
requires a Phase 1
environmental report
on all auto repair
center commercial
loans. |
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Auto Repair Center Loan Size
$250,000
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Loan Collateralized by
Commercial Real Estate - No
Business Only Financing
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Commercial Loans for Auto
Centers are Available for
Acquisition or Refinance
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15, 20, 25, & 30 Year
Amortizations
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3, 5, 10, 15 Year Fixed
Rates
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80% LTV / 90% CLTV
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Flexible Prepay Options
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Full Document - Personal
Recourse
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Minimum 660 Credit Score
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3 Years of Historical Income
Req.
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Low Minimum 1.25 DSCR
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Stated
Income Auto Repair
Loans
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