Dragon Realty Capital offers a wide range of commercial permanent loans for investors for purchase, refinance, and cash out refinances. Here are some program highlights:
Property Types: Multifamily, Mixed Use, Single Family Pools, Retail, Retail Strip Centers, Warehouses, Self-Storage Facilities, Office, Light Industrial, Automotive, Mobile Home Parks, Daycare Centers, Restaurants, & Bars
Loan Amounts: $500,000 to $5,000,000
LTV: Up to 80%
Amortizations: 20 to 30 Year, Fully Amortizing
Debt Service Coverage: As low as 1.15
Fixed Terms: 5, 7, and 10 Year Hybrids, converting to LIBOR based or WSJ Prime Rate adjustables after the fixed period
Minimum FICO*: As low as 550!
Prepayment Penalties: 3 year fixed, 5 year declining, or 5 year fixed
Occupancy: Investment or Owner-User (non-SBA)
Documentation: Full (tax returns), Lite, Stated Owner-User, Bank Statement Only, and No Document
Recourse: Full Personal to the Guarantor(s)
Eligible Borrowers: U.S. Citizens, Resident Aliens, Legal Entities
Eligible Markets**: Top 200 MSAs
Fees: $2,500 Processing, Underwriting (varies), Legal/Documents (varies)
Reports: Appraisal, Environmental
*Credit score requirements vary across programs, affecting LTV, rate, and points charged.
**Not all programs are available in all states.
Note: Rates and loan programs can change without notice.
to download and provide the necessary documentation to receive a Conditional Loan Commitment.