Frequently Asked Questions
I don't want to deal with just any lender. I don't want to be involved with someone on their first rodeo.
We've been working with investors since 1992. Yours isn't our first loan and I can assure you it won't be our last.
I own a bunch of properties. Unfortunately, the banks I've applied with say I own too many properties and have turned me down. Aren't you going to turn me down because of my properties too?
What did your Mom tell you about assuming anything? There is no limit on the numbers of properties owned. This isn't Fannie Mae or Freddie Mac.
I own a bunch of properties, a few businesses and my tax returns are complicated (In fact, I'm a pretty big deal). I have a lot of write off's to keep my taxable income low, but it's hurting my ability to get a loan. How can you help?
In some instances, we don't require tax returns. We want to close loans and we try to keep things simple.
I'm looking at a good sized loan. What is your maximum loan size?
We can go $1,000,000 on the 1-4 unit products and up to $5,000,000 on multi family and other commercial properties.
I need 100% financing on this investor property. Joe Blow's mortgage company said they'd do it. What can you do?
Why are we wasting time talking? You should run down to Joe Blow's to scoop up his deal; and while you're at it, ride his unicorn that dances on rainbows. Our maximum loan to value is 80%. If you can't put up 20% on a non-owner that doesn't require rehab, you should seriously reevaluate your situation and what you're trying to accomplish
My credit is a little beat up. Can you still do my loan?
We'll go down to a 600 credit score (at a reduced loan to value). Let us take a look. Either way, we'll let you know within 24 hours. With our common-sense underwriting approach, US Commercial continues to get loans funded that others can’t in the under-served niche between banks and hard money lenders. We understand that you deserve better options and we are proud to offer our unique solutions.
Testimonials
What our customers write about us
A referral is the ultimate thank you for a job well done. We look forward to working with you and hopefully your friends.
Testimonial
I purchased and rehabbed a property with my own cash and then when I tried to refinance it, found out the zoning had changed and everything I had done wasn't allowed. Tom stuck with me, worked with the lender and the zoning officers to get the loan closed. I'm ready to do another.
Testimonial
I just closed on a refinance for my three unit property in Hampton Roads. The process was easy, the rate and fees were reasonable and I got the cash out I needed to buy another property. What else can I say? US Commercial has people that say what they can do and then they do it.
What's next?
We've come to the part of the dance where the lights are low and things are getting a little serious. "What's the next step?" and "What happens next?" are the most frequently asked questions.
First, choose whether you'd like information on a Fix and Flip loan or a Buy and Hold (or just a refinance). Doesn't matter whether it's a single family residential property or a large multi family; we do them all.
Second, just let us know what you want to do and we'll work with you to take care of the rest.