Commercial Loans
Our Commercial Real Estate Finance Division focuses in the assignment of commercial mortgages over $250,000 for office, retail, industrial, multi-family apartment buildings, and specialty properties. We organize equity involvement, construction loans, refinance loans, acquisition loans, and permanent financing for both owner-occupied and investment properties nationwide. Apartment Financing
We have apartment financing with some of the best interest rates available.
5+ units. Depending on the geographical area , we can lend up to 80% LTV
5yr
7yr
10yr
30yr amortization
Hotel Financing
We have some great Hotel financing programs for Purchase or
Refinance with low rates and easy terms.
Prime +
Up to 90% LTV
Non Flagged up to 75% LTV
to $5,000,000
Gas Stations
Mixed Use
Hard Money Loans
Call Danielle 281-542-7392 or email Loans@teamlibertytx.com for apartment &
multifamily - Preliminary Review Requirements Call for pricing and qualifications of other Commercial Lending
Liberty Commercial Lending Group differentiates itself in the commercial mortgage business with outstanding follow-up commitment. We quickly and smoothly resolve the inevitable difficulties that can arise through the various financing options and work with clients until completion of the project. From negotiating the fine points of a lender's desire to suspending monies needed for maintenance repairs to the positive resolution of a lender's concern over an existent environmental issue, Holmes Real Estate is your guide, your supporter, and the finder of resolutions to all your unexpected issues.
Given Liberty Commercial Lending Group extensive experience in the financing process, our clients benefit greatly from our responsible method of striving to comprehend both the short-term and long-term financial and investment plans for a particular property before suggesting a structure for the projected financing.
COMMERCIAL LOANS
BASIC DOCUMENTS TO FACILITATE A LOAN
Dear Borrower, Please complete the enclosed application first, and return it to our offices for your initial review. Upon our initial review of your loan application, we will then contact you to send the complete package. If there is any other documents REQUIRED we will contact you via email or phone. Please return a copy of this checklist with your full package upon request.
CHECK-OFF ITEMS: Each loan proposal submitted to us must contain the Following:
1. COVER LETTER A project Cover Letter directed to the Commercial loan officer you discussed your proposal with.
2. EXECUTIVE SUMMARY - Please provide an executive summary with a detail financial & business plan.
3. FEE AGREEMENT - Please sign our enclosed Fee Listing Agreement (we will forward if necessary).
4. APPLICATION - We will send it to you later if we accept your request- loan application.
5. CREDIT Sign Credit Authorization & Applicable form and fees for Per. & Bus. (Credit reports $75 per principal).
6. LOAN USE - Explanation or a one page Statement on how the funds will be utilized on this project.
7. RESOLUTION LETTER A Corporate Resolution Letter giving you the authorization to sign for the loan.
8. RESUMES - A. Resumes on all principal owners including property management.
9. RESUMES - B. Resumes on Architects (if new construction only)
10. RESUMES - C. Resumes on Construction Contractor (if new construction only)
11. COMPANY HISTORY - Provide a History on the Corporation (applicable)
12. CURRENT FINANCIAL STATEMENTS ( 2years Personal & Corporate )
13. TAX RETURNS Personal AS SUBMITTED TO THE IRS
14. TAX RETURNS Corporate AS SUBMITTED TO THE IRS
15. APPRAISAL ( We need an MAI appraisal if project is over $250,000 )
16. COLOR PHOTOS - or (Artist's rendering color - if new construction only.) (XEROXED Copies are not acceptable.)
17. DETAILED (P&L) Profit & Loss Statement, for three years on your existing properties.
18. PRO FORMA - Detailed 3year Proforma on the current business or property. (prepared by a CPA)
19. COST BREAKDOWN Detailed cost breakdown for the construction, (new construction only).
20. CORPORATE - Copy of your Partnership Agreement and/or Articles of Incorporation.
21. MARKET DATA Comparable Rentals & vacancy data for the area ( produced by MAI or Outside firm).
Thank you,
visitors since 7/21/2009
Kenny Wendeburg Liberty Mortgage Ph: 281-542-7392 - Fax: 281-542-6858
4802 Center Street
Deer Park, TX 77536
License # 1264 www.libertymtgusa.com