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Stated Income Loans to $1,000,000

Baron Financial Group offers a diverse array of financial solutions to quickly and efficiently provide your customers the best choice to buy properties.

We offer a Stated Income program for commercial mortgages that range from $100,000 through $1,000,000. Usually small businesses that would be purchasing a building in this dollar range may not show the cash flow necessary to qualify for a loan. But based on individual credit and current market value of the property, BFG can offer loans to these niches borrowers.

This Stated Income program is designed specifically to save money and time. The application process is simple because of the low underwritting critera of the is loan. All that is requires is an application (typical a standard Residential 10-03 Application), a credit report (we will pull), and an appraisal (we will order). Let BFG arrange the right loan for you.

Property Types: Retail, Offices, Warehouses, Self-storage, Apartments 5 Units & Up, Commercial - Mixed use properties, Restaurants, Taverns, Hotels, Motels, Special Purpose/Unique Properties, Most commercial properties considered.
Loan Sizing: From $ 100,000 to $1,000,000.
Loan-To-Value: Seller Seconds to 90% CLTV.
Loan Term: 15-year, 20-year and 30-year full amortizing loans.
Amortization: 15-year, 20-year and 30-year full amortizing loans.
Interest Rate: Fixed and Adjustable Rate Mortgages available. (Call for a quote.)
Debt Service: Not Applicable. (Stated Minimum 1.2 times)
Personal: Personal Guarantees are required.  (Loans are based on the individual and his credit rating)
Prepayment: Two-year lockout with pre-pays up to 5% for 5 years.

221 South Federal Highway 2 nd Floor - Ft. Lauderdale, FL 33301
Tel: 954-522-0275 - Fax: 954-271-8441 - eFax: 954-337-6474
www.bar-cap.com

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