Texas-Hardmoney.com
GCMAC is a DIRECT hard money lender!!! Brokers protected!!!
(Visit www.texas-hardmoney.com or www.gcmac.com for additonal information)
Commercial and Investment Property Where Equity Means More Than Credit…
Short and long term programs available with NO PREPAYMENT PENALTY and NO POINTS UPFRONT.
We specialize in purchase and refinance (including equity take-out) transactions where a borrower may have one or more of the following circumstances:
· Credit Issues (No Minimum FICO Requirements)
· Residency Issues (No Social Security #, Perm and Non-Perm Res. Ok)
· Cash Flow Issues
· Unable to Verify Income
· Tax Lien and Bankruptcy Issues
· Unique Collateral-Appraisal Issues
· Purchase Contract Timing Issues (fast closing)
· Short and Medium Term Bridge Loans
· Non-Conventional Property (4-6 Units, Apartment, Mixed Use, Daycare, Motel, Mechanic Shop, Raw Land …etc)
· Must use a Combination of Cash / Other Assets for Down Payment
Some basic guidelines we look for (exceptions on case-by-case):
· Commercial LTV’s up to 50%
· Investment LTV’s up to 50%(non-homestead)
· Raw Land LTV’s up to 40% (primarily ranches and larger tracts of land)
· Loan Amounts $50,000 - $750,000
Down Payment may be combination of cash, seller carry 2nd and/or cross-collateralization of non-homesteaded property.
Click the link below to submit a basic loan scenario to our affiliate company, GCMAC:
Residence Lending
210-340-9933
NMLS
License # 214363
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