At BMI Commercial Wholesale Lending, we specialize in providing small balance Apartment and Commercial Loans. We are committed to securing the best loan for your clients with our competitive pricing and streamlined application process. We make commercial lending easy. Experience the BMI Commercial difference.

Loan Size
$300,000 to $1,000,000 - Nationwide

Eligible Properties
Multi-family properties with 5-35 units

Loan-To-Value
80% - Purchases
75% - Refinances

Minimum DSC
1.0 DCR (based on market rents and FICO score)

Prepayment Penalty
Fixed Declining Percentage

Rate Lock
Rate Lock available at application

Assumable
Yes, with 1% loan fee

Programs
Highly competitive with a wide array of rate plans including:

• 3, 5, 7 and 10 Year Fixed terms available
• 30 Year Amortization/Term
• NO BALLOONS

Special Features = Easy, Streamlined, Fast
Limited collateral documentation required for appraisal:

• Current Rent Roll
• Prior Year Operating Statement

Minimal borrower credit documentation required:

• Signed 1003 (Loan Application)
• Schedule of Real Estate Owned
• Tri-Merge Credit Report
• Two Months Bank Statements

Stated Income - No Income Verificiation Required:

• NO Tax Returns
• NO Income Verification
• NO Verification of Employment
• NO Personal Debt Ratio Calculations