COMMERCIAL EASY DOC PROGRAM
This program has been designed for all your self-employed/nonbankable borrowers. Tax Returns are required for verification purpose only.
1. 888. 358 . 3444 WWW.METWESTONLINE.COM
GENERAL PARAMETERS
COMMERCIAL PROPERTIES
Loan Amount
$200,000 to $3,000,000
Amortization
30 years
Maximum LTV
70% LTV
Subordinated Financing
Not Available
DSCR
1.30x
Minimum Fico Score
625 Middle Score
Fixed Period
5 & 7 Years Options
Rate Structure 1% Initial, 1% per 6 month., 6% Life Cap Rates starting at
8.50% Fixed
Rate Lock
Until Loan Docs are drawn
Personal Recourse
Required
Prepayment
5,5,5,5,5% (Declining 5,4,3,2,1% add .50% to rate)
Nationwide, States Prefferred FL, NY, NJ, CA,TX, CO, PA, NC, SC,TN Transaction Type
Purchase, Refinance, Cash Out Refinance
Eligible Property Types
Office, Retail, Light Industrial, Self -Storage, Mobile Home Parks
Brokers
Protected
Metwest is a Correspondent Lender financing small-balance commercial properties nationwide