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Credit Lines
  Credit Lines are now available through Crown Commercial Finance.  The minimum line is $50,000 and the maximum is $500,000.  There are no application, appraisal, escrow, environmental or title fees.  This is a great product if you want to be able to control the amount of equity you want to tap from your property.  Call for more details.

90% Loan Program
  One of our more popular loans. For loans between $100 thousand to $1.5 million. This program can get you into a property up to about $1.65 million price tag with only 10% down. You must have a middle FICO score of 680 and a low FICO score of 640. In addition your debt-to-income ratio can be no more than 45%.

 
Check your credit BEFORE you lease or buy!

DSCR Crusher
  This program allows for extra dollars in financing properties in California. This programs allows for a higher mortgage payment to be placed on the property by allowing the DSCR to go from a 1.2 down to a .9. The borrower has to show that they can carry the extra payment. Therefore it's underwriten on a global basis.

No Pre Payment Penalty Loan
 

No Prepay Penalty loans are available in the marketplace.  I believe however that they have a certain place in your investment strategy.  If you want to fix up a commercial property and sell it quickly for a profit, then this is the loan for you.  However, if you plan on holding the property for a long period of time, this may not be the loan you should obtain.  The reason is that most No Prepay Penalty loans come with a 1% fee upfront.  So, if you plan to hold the property for 5 or more years, go with a prepay penalty and save yourself the upfront fee.  Call now for more details on this terrific program with low rates to boot!



Interest Only Loans
 

Crown Commercial Finance has a variety of and commercial loan programs to fit a variety of financing requirements.  We are constantly striving to add the competitive products to our catalog to increase our competitive advantage.

Our interest only program is for those investors who want additional cash flow from their property.  The reasons to obtain an interest only loan varies.  One investor might want increased cash flow, another might like to use the extra cash fix up the property. 

In pricing the loan amount and the debt-to-service-ratio, the lender will still take into consideration the principal and interest payment.  However, you will only pay interest only on the loan.



Market Rents Program
  What to get a higher loan amount for your property. Then the market rents program may be for you. The property will be appraised using market, instead of actual, rents. You must have experience in property management and the property has to be in your local area.

 



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