What are Conventional Loans?
Conventional Loans are loans that are secured by a first lien position on a commercial property. These loans are provided by traditional financial institutions, such as banks, credit unions, or savings and thrift institutions, private lenders, insurance companies, investment trust, capital partners, Fannie Mae, Freddie Mac, and the list goes on.
We have a sundry of financing options available from hundreds of sources around the nation to ensure that we successfully fund any project, regardless of the situation.
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Benefits of Conventional Loans
Can be used to purchase, refinance, build and renovation a property
Any type of property is allowed
Most flexible income and credit requirements
Business plan may not be required
Previous experience may not be required
Flexible fixed-rate and adjustable-rate terms up to 40 year available