LEMA Financial (eLoans2000.com) - Resources - Your Source For Commercial Loans

RESOURCES

LEMA Financial is both a broker and correspondence lender with three major funding/investor channels that provide loan amounts starting at $100,000 with no upper limit. Each of the channels provide a unique loan program servicing the needs of 95+ percent of our clients.

Channel 1 - Unlike most bank loans, this channel is a Stated Income Stated Asset program. That means full document paperwork is not required offering greater flexibility and faster funding for our customers. Loan amounts offered through this channel is from $100,000 to $1,000,000. Application to funding is normally between 30 and 45 days. Summary of the features offered through this channel are:

Stated income stated assets only (No tax returns and No income verification)
Unrestricted cash-out
Secured on commercial properties like multifamily, mixed use, warehouse, office, retail, industrial, automotive, special use and more
Several affordable payment options
Automatic payment options – no more writing checks
Fixed or adjustable rates
15 to 30-year amortization
Loans to corporations, partnerships, and trusts are okay

Channel 2 - Whether you're looking to buy commercial real estate or you already own commercial property, the right mortgage can make a huge difference to your bottom line. This channel offers small-balance commercial loans from $100,000 to $1,500,000 for a wide variety of property types. Summary of the features offered through this channel are:

Full document loans available

Down payment as low a 3%

Flexible rate and term options

Terms as long as 30 years

Fast closings

Unlimited cash-out

Most property types considered including multifamily, retail office, mixed-use, warehouse, gas station, automotive, mobile home park, restaurant and more

Minimum credit score of 580

Automatic payment options – no more writing checks

Fixed or adjustable rates

Loans to corporations, partnerships, and trusts are okay

Channel 3 - This channel specializes in mid-size loans and closely resembles traditional local bank programs. Borrowers with little or no experience in commercial financing will find this program easier to qualify for and will love the rates and terms compared to what their local banks will offer. Seasoned borrowers will like the simplicity in the process we employ to underwrite loans than most banks. Loan size is from $500,000 to no upper limit. Summary of the features offered through this channel are:

Stated income stated assets and full document loans available
Down payment as low a 10%
Flexible rate and term options
Terms as long as 30 years
Fast closings - usually 30 to 45 days
Most property types considered including multifamily, office, warehouse, assisted living, mobile home parks, retail, office warehouse, hotel/motel, mixed-use, light industrial, and self-storage
Minimum credit score of 680 - lower scores considered
Automatic payment options – no more writing checks
Fixed or adjustable rates
Prime and sub-primes loan program available
Loans to corporations, partnerships, and trusts ore okay

Experience the financial advantage that the right commercial mortgage can provide. Contact us today to get started -- the money and time you save may be yours. Time you can never recover and the money you save might as well be in your hands rather than the lenders.

LEMA Financial
BUS: 714-998-7725 or 1-888-727-3258
FAX: 714-998-2577
Email: info@eloans2000.com
Website: www.eloans2000.com