Commecial Financing
GAS STATION LOANS | RETAIL FINANCING
| HOTEL & MOTEL FINANCING

Contact Us
eMail:
EastlandMortgage@aol.com

EASTLAND MORTGAGE PROGRAM GUIDE

PROGRAM  A                                          

Gas Stations Loans, Convenience Stores,   Hotels,  Motels,   Auto Repair Shops

  FICO                                      Max  LTV                                          Min. DSR                 

500-599  (same rate)                      60%                                                   2:1
600-649                                      65%                                                  1.5:1
650-699                                      70%                                                  1.25:1
700 +                                          75 - 80%                                           1:1

  Loan Sizes:  $ 100,000.  -  $ 2,000,000.

  Rate:  6.75%     -  Quarterly Variable – (prime + 2.75%)

  Terms:  15/20/25   PPP – (5,3,1)

  PROGRAM  B   (Higher Loan Amounts & Additional  Property Types)

Car Washes, Independent Food Stores, Convenience Stores, Auto Sales Hotels, Motels, Mixed Use, Retail, Light Industrial, Unflagged Strip Malls

  FICO                                      Max LTV                                           Min. DSR                 

650-699                                      70%                                                   1.25-1
700+                                           75%                                                   1.25-1

  Loan Sizes:  $ 2,000,000.  -   $10,000,000. | Flagged & Qualifying Reits to $25,000,000.

  Rate:  6.0%     - Quarterly Variable – (prime + 2%)

  Terms:  15/20/25/30   PPP – (5, 4, 3, 2, 1)

*** All loans must be on owner occupied and operated properties.
*** All loans subject to underwriting discretion and board review.


Commercial Mortgage Financing Nationwide. Gas Station Loans. Auto. Station Loans. Hotel Financing. Motel Financing. Low Commercial Mortgage Rates. Fast Easy Qualifying for Commercial Mortgage Loans. Eastland has been specializing in auto, service, & hospitality financing since 1992.


Eastland Mortgage | Copyright 1992- 2009 | All Rights Reserved