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Lender Profile
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PIPELINE Customer - Synchronizes with BrokerPro
users for automated commercial loan approvals. |
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Velocity Commercial Capital is a direct institutional wholesale lender specializing in small-balance commercial real estate loans. With a true national footprint, Velocity offers both stated and full doc loans up to $3 million. Velocity’s dedicated team of professional commercial lending experts prides itself on providing clients with an unparalleled level of service. Velocity is committed to being responsive and flexible and is focused on the success of its family of broker partners. In the end, Velocity strives to close loans efficiently and swiftly. |
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Coverage |
Nationwide |
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Property Types |
All income producing property types considered:
Multifamily, Mixed-Use, Office, Retail, Lt.
Industrial, Automotive, Warehouse, Self Storage, Hotels/ Motels, Restaurants,
Mobile Home Parks |
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Terms |
30
year fully amortizing - 3, 5, 7 and 10 year fixed terms available.. |
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Loan
Programs |
Stated & Full Doc, need a "DCR buster"? - ask about our discretionary income program.
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Loan
Purposes |
Purchase, Refinance, Cash-out refinance and subordinate debt is acceptable. |
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Par
Pricing |
Par pricing, and Rebates available! |
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Loan Sizes |
$100,000 to $3,000,000 |
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Loan
Pricing |
Par
pricing, and Rebates available! |
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Prepayment Penalty |
Varies directly on fixed period.
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Loan-to-Value |
Max LTV: 80% CLTV: 90% - No limit on Cash out |
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Closing |
30 - 45 days! |
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