Simple process application + credit + appraisal = funding.
Loan Types: Purchase, Refinance, Cash out,
Underwriting: Max LTV is 75% for Multi Family / 70% LTV Commercial. Secondary Financing Allowed to 80 CLTV! Closing: 30 Day, Fast close with streamlined processing, minimal paperwork. We are Direct Lender.
Rates: Competitive, deal-by-deal, based on loan size, credit profile.
We do not lend on raw land, rehabs or construction projects. Vacant ok at low LTV, A perfect alternative to banks rigid lending guidelines and excellent fit for the self-employed borrower or those with slightly less than optimal credit scores;
Red Star also provides asset based bridge loans & Non-Bank private non-recourse financing for Single Credit Tenant Net Lease, Office, Retail, Storage, Medical Office, Light Industrial and most other commercial real estate.
Contact us today for more information
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