When Banks Reject, We Accept!!
Faster Approval and Funding • Creative Financing Options
6.65% - Current estimated rate
- When Banks "Say No" - We are an alternative to banks!
- Competitive Rates
- Credit Union Funds
- Smaller Markets
- Surety of Closing!
Call Paul to size loan (248) 265-3935
Bristol Capital Group specializes in commercial real estate loans in Michigan. We pride in our ability to pay off underlying bank loans, CMBS Loans, life insurance loans and with new fixed rate low interest mortgages. We offer alternative non-bank loans at very competitive rates!
We steer our clients through the commercial loan process and are extremely hands-on. Commercial loans can be funded within 45 to 60 days. Timeliness for acquisitions given high priority.
Loan Program Highlights
- Office, Industrial, Self-Storage and Owner-Occupied
- Term: 5-Year fixed rate
- Amortization 20 to 30 years
- Maximum LTV 80%
- Debt Service Coverage: 1.20
- Fee to Lender: 2 Points including Bristol Fee
- Third Party Reports: Appraisal, Environmental
The following is requested to size an Commercial Real Estate Loan:
- Current Rent Roll
- Trailing 12-Month Rent Collections
- 3 Years Historical Operating Statements (Income and Expenses)
- Current Year-to-date Operating Statement
- Description of Property - Location, Square Footage, Year Built, Amenities, etc.
- Property Offering Photos
- Underlying Mortgage Balance if ReFi
- Purchase Contract if Acquisition
- Amount of Loan Requested
