Welcome

To

Access Lending Partners

Blanket Loans

Highlights

In some circumstances, a borrower may own additional real estate. If there is sufficient equity in those properties to generate enough capital to meet the minimum equity (borrower cash investment) requirements, a client can buy a property without layout cash out of pocket. See the example scenario below for how that might work:

• Subject Property

  $1,000,000

• Additional Real Estate

  $2,000,000 (has $800,000 existing mortgage)

• Total Collateral

  $3,000,000

• 65% LTV Loan

  $1,950,000

• Pay off existing mortgage

  - 800,000

• Balance

  $1,150,000 (enough to buy the subject property and cover closing costs)

Commercial Hard Money Loans        Stated Income Loans   Multi-Family Loans

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