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Small Mixed Use Program |
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Maximun Loan Amount: $750,000 |
Maximun Loan Amount: $650,000 |
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Credit Grade |
Minimum Credit Score |
# of Units |
Occupancy |
Full Doc LTV |
12 Month Program** |
Reduced Doc. LTV |
Stated Doc. LTV |
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A1 |
600 |
2-4 |
Primary / Investment |
70%/75% * |
70%/75% * |
65%/70% * |
65%/70% * |
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A2 |
500 |
2-4 |
Primary / Investment |
70%/75% * |
70%/75% * |
65%/70% * |
65%/70% * |
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A3 |
500 |
2-4 |
Primary / Investment |
70%/75% * |
70%/75% * |
65%/70% * |
65%/70% * |
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Maximum Loan Amount on B Credit Grade is $350,000: |
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B |
500 |
2-4 |
Primary / Investment |
70%/75% * |
70%/75% * |
65%/70% * |
65%/70% * |
| * Higher LTV requires a minimum Credit score
of 640. (Restrictions Apply) |
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| Examples
of Acceptable Uses Includes: |
| Flower Shop Food Store
Coin Laundry Doctor
Office Restaurant |
| Drug
Store Liquor
Store Day Care Center Lawyer Office
Dentist Office |
| Unacceptable
Uses Includes: Auto repair, Dry Cleaning (On-site), Heavy Mfg., Comm'l, Ind., Gas Stations |
email us with any questions.
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