|
 FO Traditional Program! FO Traditional-$100,000 to $2 Million (Owner Occupied & Operated) This program is for ower occupied commercial properties with less than perfect credit, and those that do not show income on their tax returns. This program also works with properties that have environmental concerns. Client Profile... - Those with less than perfect credit. Credit score as low as 540
- Self employed who want to puchase or refinance
- Self employed and do not show a profit on their tax returns
Expanded Property Types: Car Washes Gas Stations Auto Sales and Auto Repair Flagged & Unflagged Lodging Convenience Stores
General Property Types: - Mixed Use /Apartment Buildings –These properties integrate residential spaces with commercial uses, such as retail or office space. Often these properties have a ground floor retail store or office with apartment(s) above, all in the same building.
- Retail/Office Buildings –Designed for retail or office sales and display, this category includes stand-alone buildings such as offices, supermarkets, convenience stores, drug stores, and department stores, – as well as strip centers, and neighborhood and community shopping centers.
- Warehouses/Light Industrial Properties –Single and multi-tenant facilities that are used for warehousing, light manufacturing, distribution, research and development. Does not include buildings where heavy manufacturing or specialized industrial operations such as welding occur.
- Multi-Family Housing –We fund residential structures that contain five or more dwelling units in the same building. These multi-story buildings generally offer individual apartments for rent with common area facilities, such as an entrance, lobby, elevator, stairs, hallway, walks or grounds.
|