The client had come to us from an online search and told us that he spent 4 months working with traditional commercial lenders with the hopes of obtaining financing for their retail purchase.
How We Helped
Unfortunately, the lender always came back requesting more information, most of which our client did not have, due to not being a U.S. Entity or beneficial owners who are not U.S. Citizens.
We have worked closely with our lending partners over the past 5 years to create financial solutions to accommodate international investors and can structure and underwrite the loan with the information available.
We were able to secure a non-recourse 5-year commercial real estate loan for the purchase of the property with 60% leverage. (Also see Can a Canadian Buy a House in the USA?)
|Nationality||Property Value||Loan Amount||LTV||Rate|
|Term||State||Property Type||Purpose||Loan Type|
|5 year fixed loan /|
25 year amortization
|San Jose, California||Retail||Purchase||Commercial|