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Category: Connecticut Mortgage

commercial lending loan approval

Investment Property Commercial Loans

Spartan Commercial Mortgage provides Investment Property Commercial Loans. These programs are great for either a purchase or refinance. Furthermore, we have Conventional Options, DSCR Loans, and Stated Income Programs. Borrowers can finance up to 80% (for a purchase) of their investment real estate on a 30 year fixed loan. Even more, our rates are very …

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commercial lending loan approval

What is a DSCR Loan?

What is a DSCR loan? Its stands for Debt Service Coverage Ratio. DSCR is calculated by dividing net operating income (NOI) by total debt service (the total amount of principal and interest payments due). Essentially, it indicates that the borrower generates enough rental income to cover the mortgage/insurance/property taxes of the property. Spartan Commercial Mortgage …

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Mixed Use Property Loans

Spartan Commercial Mortgage offers Connecticut Mixed Use Property Loans. Our programs are great for either a purchase or refinance. Borrowers can finance their commercial property on a 30 year fixed loan! Even more, our rates are some of the lowest in the nation! We also offer Stated Income and Conventional Commercial Mortgages (as well as …

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Office Mortgage Loans for Your Business or for a Real Estate Investment

Spartan Commercial Mortgage Services offers Office Mortgage Loans for either a purchase or refinance. Furthermore, we have Stated Income and Conventional Options. Borrowers can finance up to 80% of their Office Building on a 30 year fixed loan. Even more, our rates are very competitive! All Allowed Property Types: Ineligible Properties: LTV: Maximum LTV is 80%. …

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