Day Care Building Financing is now available at Spartan Commercial Mortgage!
Spartan Commercial Mortgage offers Day Care Building Financing for either a purchase or a refinance. Furthermore, our rates and terms beat the competition. Borrowers have the ability to choose either a fixed rate or adjustable rate mortgage. Our 30 year fixed rates are amazing!
Borrowers also have the option of doing the loan as a Conventional (Full Doc) or Stated Income (No Doc) loan.
Just look at the opportunities available to you if you allow Spartan Commercial Mortgage to do your loan:
- Competitive Rates: Most noteworthy is our borrowers can lock in at low rates without providing tax returns.
- Higher LTVs: Small-balance commercial: up to 80%| 1-4-unit investor (DSCR): up to 80%
- Alternative Solutions: No tax returns required with our No Doc or Bank Statement solutions.
- No lender points: That is correct. No upfront points are charged!
Credit Scores for Commercial Mortgage Loans:
- 725 Min Score for our Elite Program
- 650 Min Score for our Traditional Program.
- 649 and Under for our Alternative Financing.
Rates and Terms: First of all, we offer a true 30 year fixed commercial mortgage. We also offer shorter terms. Furthermore, there are adjustable rate mortgage options as well. Most important for borrowers to know is that rates will vary depending on credit score.
States: We transact commercial mortgages in 42 states. Except for Alaska, Alabama, Hawaii, Michigan, Nevada, North Dakota, Vermont and West Virginia.
Call today for a free consultation or click pre-approved for our Day Care Lending programs.
Thanks,
Michael Meyer
President Spartan Commercial Mortgage Services
mike@spartancommercialmortgage.com
(860) 876-0572