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Commercial Mortgages

Livco Financial offers simple doc, stated income mortgages for a wide range of commerical property types including office, retail, warehouse, storage, auto service, industrial and mobile home parks. Our flexible Smartloan program accommodates many common issues causing bank denials at terms much better than hard money.

Loan Program Smartloan™
Loan Amount $100k-$5mm
Max LTV 70{7077ec8b5cdef873f7acef4723154672092668411547456cb6d4236f19ee7792}*
Loan Term 30 year
Amortization 3yr fixed/30yr ARM
Interest Rate from 7.49{7077ec8b5cdef873f7acef4723154672092668411547456cb6d4236f19ee7792}*
Min FICO 600-640*
Balloon Payment None
*Rate and max LTV vary based on many factors including loan amount, credit history and property.

No red tape – just a reliable lending partner

Our common sense, asset based underwriting solves a long list of issues that can cause good borrowers to miss conventional bank’s lending profile. Here are many that the Livco Smartloan can solve:

True stated income – No tax returns
No global underwriting
Bruised credit or bank denial – OK
Owner/user commercial property – OK
“C” quality commercial properties – OK
Loans from $100k-$5mm up to 70{7077ec8b5cdef873f7acef4723154672092668411547456cb6d4236f19ee7792} LTV
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General program highlights depend on many factors and are subject to change at any time. Please contact your loan consultant for your scenario.

Better alternative to hard money

One of the most difficult parts of the real estate business is having limited options in tough situations. Hard money loans force you into a corner with difficult terms. Our Smartloan program offers a simple process, better terms, and term flexibility with no hard money balloon payment due.

Small balance commercial loans up to 70{7077ec8b5cdef873f7acef4723154672092668411547456cb6d4236f19ee7792} LTV

Small balance commercial properties are one of the many niches the Livco Smartloan serves with limber flexibility. While many banks won’t lend below $500k or $1mm on commercial, if at all, the Livco Smartloan can loan from $100k to $5mm at up to 70{7077ec8b5cdef873f7acef4723154672092668411547456cb6d4236f19ee7792} LTV. This provides another powerful financing tool for investors – helping to unlock value in this exciting class of properties.

Cash out refinancing simplified

Cash out refinancing can be a difficult with banks – leaving many investors with equity trapped in their properties. The Livco Smartloan aims to enable cash out financing in instances where bank guidelines may not. With no global underwriting, lenient seasoning criteria and “C” quality property flexibilty, Livco Financial’s unique programs can unlock equity for other uses such as investing in businesses or more real estate.

Free consultation on your scenario

Our experienced loan consultants look forward to discussing your scenario. For more information, give us a call at 877.742.7888 or request a Quick Loan Quote.