Vision Mortgage Company, Ltd.

is currently offering

High Loan Value Funding for Commercial Projects

  

Consider the following:

·         Owner-Occupied ( 51% of real estate purchase & 60% on new construction)

·         Up to 99% funding for qualified borrowers and projects

Can include land and building acquisition and construction

improvements, equipment and furniture and fixtures

·         Up to 25 year terms

·         Fully Amortizing

·         No Balloon (lump sum ) Payments

·         Rates based on Prime Rate + typical margin

·         Normal & customary closings costs apply i.e., real estate

appraisal report, environmental report, title charges, survey, legal fees etc...

·         Note Prepayment allowed in whole or in part 

We have made the process easy!

Here is our Estimate Time Line 

STEP 1 - Pre-qualification and Proposal Letter –   Upon your contact, we in turn contact our Lender Conduit with your preliminary information request form. Once in this form in their hands you will be contacted with-in 72 hours with a Proposal Letter. 

You will be pre-qualified to assess your ability to complete the transaction under our available terms. Pre-qualifying will allow both the seller and the applicant to move comfortably through the process knowing financing is available; and will allow us to provide an initial financing proposal for the your review and consideration.  

STEP 2 - Formal Loan Approval and Commitment Letter – Approximately 7 to 10 days after complete application package received by underwriting department. 

STEP 3 - Closing and Funding - Approximately 7 days after construction plan review (construction component, as applicable), receipt of third party reports and all closing checklist. 

Ask how the Stimulus Package could save you thousands on your funding!