







 |
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. |
|
|