Texas Mortgage - Commercial Loan

A. Commercial R.E. Loans $100K to $1Billion

Debt Placement (Purchase / Refinance) & Equity Placement (JV and Recapitalization)

Apartment Complex Loan , Development and Land Loans , Health Care/Medical Loan ,

Hotel/Motel, Church, Storage, Retail Center, Gas Station, Office Building, Warehouse,

Bridge Loan ( HARD MONEY )

B. All Types of Projects from $100M to $1Billion.

• Start Ups ( Any Solid Business ) • Hotels • Resorts • Refineries

• Subdivision Developments ( Residential or Commercial ) • Ore Mines

• Ethanol Plants • Bio Fuels Projects • Drilling Operations • Wind Farms • Mills

. Merger and Acquisition of firms. Restructuring ( Cash Out ) or Firms.

This type of Debt or Equity financing request has to be supported by the following :

o Over all Business Plan of the project.
• Executive Summary

o Proforma Statemets - Projected Income (if applicable)

• Balance Sheet - Asset and liabilities of the project (if applicable)

o Resumes of Principals and Parterns.

• Resume of Developer and List of Projects Completed (if applicable)

o Appraisal Report (if applicable/ by an MAI Certified.

• Feasibility Study (if applicable)

o Detail of Funds already invested in the project ( Skin in the game )

• Detail Use of Funds

o Detailed and Comprehensive Exit Strategy

C. Corporate ( Acquisition , Growth or Re-Capitalization) Capital.

a) Early or late stage venture capital.

b) Growth ( Acquisition ) capital.

c) Re-Capitalization ( Selling some ownership ) capital.

Call George Tesfa, to discuss your project at 832-607-1113

Tip of the Day......

How much loan can you be qualified for ?

Example : Net Operating Income ( Before Interest and Depreciation Expsene ) is equals to $ 150,000. Then devide this by 1.20 ( Debt to Service Ratio ) which equals to $125,000 then devide this by .06 ( 6% rate ) which equals to $ 2,083,333 ( Loan amount ). Class Dismissed......

2) What price is a fair price ?

NOI / Cap Rate = Value.

Example : NOI = $ 450,000 / year. It depends on the area but anything over 8% Cap rate is a good buy ( If you are a buyer ). In this case, $ 450,000/.08 ) = $5,625,000 ( Purchase price ). If you are a seller, cap rate below 7% is a good sell.

Loan Amount $150,000 - $100,000,000

Up to 90% LTV / LTC
Full Doc. or No Income Tax Papers
2, 3, 7 & 30 & 40 yr Fixed
No Prepayment Penalty
Non-recourse
Fully Aussumable
Fully amortized for 15, 20 ,30 & 40. yrs (with or with out balloons)
Discretionary income may be used to meet DSCR requirements
Debt service requirement 1.17
640+ credit score
Purchase, Refinance, Cash Out & Construction.
Prime plus 1% - 1.5% Rate.
Closing 30 - 60 days.

APPLY-ONLINE

1-888-215-1248

PROPERTY CHECK LIST.

Multi Family - HUD insured multi-family and Senior Homes project loans by using FHA programs up to $ 50 Million.

223(a)(7) -- Refinance of an Existing FHA Insured Multifamily or Healthcare Mortgage - 85%LTV, 35 yr. Fixed.
221(d)(4) -- Multifamily/Apartment New Construction or Rehabilitation Program. 90% LTC, 40 yr. Fixed.
223(f) -- Multifamily Rental Housing Acquisition or Refinance Program. 85% LTV, 40. yr. Fixed
232 -- Senior Housing / Healthcare New Construction Program. 90% LTC, 40 yr. Fixed.
232/223(f) -- Healthcare Acquisition or Refinance Program. 85% LTV, 35yr. Fixed
202/223(f) -- Refinance of Elderly Housing Program. 85% LTV, 40 yr. Fixed
242 -- Hospital Facility Loan Program. 90% LTC , 25 yr. Fixed.

Conventional ( Non Hud Insured Loans )

Apartment ( Multi Unit ) - up to 90% LTV.

Owner Occupied - Up to 90% LTV.

Hotel - Purchase/Refi./ Const. up to 90%

Office Building - Purchase/Refi./ Const. to 80%

Retail - Purchase/Refi./ Const. to 80%

Industrial - Purchase/Refi./ Const. to 80%

Private Equity Capital Loans( R/E or Business)

Merger, Acquistion, ReCapitalization to $ 500M.

Private or State Projects - Loans to $ 500M.

All types of Projects - $ 5M to $ 500M.

Call George Tesfa, Loan Officer/ Manager @ 832-607-1113 Cell.