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Lender Profile

 

 

PIPELINE Customer - Synchronizes with BrokerPro users for automated commercial loan approvals.

 

Impac Commercial Capital (NYSE:IMH) is a division of Impac Holding Companies which is a 27 billion dollar Real Estate Investment Trust. Lending on Apartment Buildings, Mixed Use Buildings, Mobile Home Parks, Self-Storage facilities, Retail Strip Centers and Office Buildings, Impac Commercial Capital prides itself on aggressively underwriting their loans and competitively pricing their products. Consistently creating new products in a constantly changing Commercial Real Estate market is what makes Impac Commercial Capital an innovative Competitor.

 

 

Coverage

Nationwide Markets near an area with a population of 20,000.

Property Types

Multifamily

Terms

Full Recourse and in some low LTV cases Non Recourse loans both amortized over 30 years.

Loan Programs

7 options with fixed terms of 3, 5, 7 and 10 years.

Loan Purposes

Purchases up to 80 LTV, Refinances up to 75 LTV, Seasoned Cash-out Refinances - no cash out max.

Par Pricing

Available to Approved Brokers as well as Rebate Pricing.

Loan Sizes

$250,000 to $5,000,000. Low LTV loans above 5 million will be considered.

Loan Pricing

Fixed: 1.55 over 10 yr CMT and up depending on Full Doc, No Doc, Term and Rebate Pricing.

Special Feature

Fixed: 1.55 over 10 yr CMT and up depending on Full Doc, No Doc, Term and Rebate Pricing.

Special Features: Debt Service Coverage Ratio as low as .90, Appraiser’s Market Rents used as income & Fast Closings.

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