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Mini Storage Loans Nationwide
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Call Greg Burckle 800-254-9659 ext 104
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Brokers welcome. We pay commissions. The only loan we can't do is the one that you don't call me on.
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MINI STORAGE SMALL LOAN PROGRAM WITH LOW MINIMUM MORTGAGE LOANS. USE THIS SPECIAL SMALL LOAN PROGRAM FOR THE PURCHASE, REFI OR CASH OUT OF MINI STORAGE PROPERTIES. COMPETITIVE RATES AND TERMS WITH FAST LOAN COMMITMENT AND CLOSING. WE ARE ONE OF THE LARGEST LENDERS NATIONWIDE FOR MINI STORAGE LOANS.
Mini storage commercial mortgages - minimum loan amount is:
$500,000.
Most banks and other conventional lending sources all over the country often turn down small amount loan requests for Mini storage financing. Many times the borrower's credit is good and the property is sound and well-occupied. They just don't want to handle a small loan. Because of this many deserving business people do not get necessary loans. USA Mortgage Corp. will work with you to close that small Mini storage financing that others will not handle.
To get a simple loan application Click here: Income property application. and follow directions.
Contact me TODAY about our NEW 90% Loan to Value financing on income property. You need only 10% down. No seller take back required. This program requires a good FICO score. Inquire for details.
- Geographic Region: Nationwide
Loan function: Loans for purchase, refinance and cash outs of Mini storage facilities.
- Rates: Very competitive - Call for quote.
- Loan type: Fixed and adjustable loan types available.
- Amortization period: Up to 20 years.
- Loan-to-Value ratio (LTV): Mini storage property financing - Up to 80 % LTV.
- Subordinated debt: Seller take back (2nd) position allowed up to 90% (CLTV).
- Buyer down payment: As little as 10% with seller take back.
- Collateral: Mini storage property. First position lien only.
- Appraisal: MAI appraisal required (Lender prefers to order appraisal).
- FICO score: Mini storage property small loans require a 640 minimum FICO score.
- Environmental insurance: Required on all properties.
- Recourse: Mini storage financings require full recourse to the borrower.
- Fast Commitment and Closing - In most cases, a firm financing commitment is issued within 4 days after receipt of all required documentation from borrower. Quick closings.
Informative and detailed information of great value to income property buyers can be seen at Income Property Buyers Tips This new section includes a Special Report which explains how to calculate the true value of an income property. PLEASE CONTACT Greg Burkleat 800-254-9659 ext 104TODAY IF YOU NEED A SMALL LOAN FOR A MINI STORAGE.
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