Non-Recourse Loans

Non-Recourse Commercial Loan  No Taxes

My partner Mike Motlaugh, who’s a commercial mortgage Broker, finally found a small  bank that provides commercial NON-RECOURSE loans, with NO TAX records required.   Their niche is apartment buildings only, and they’ve been in business for over 20 years.  The non-recourse mortgage interest rates are under 4.5%-7% @ 1 pt, and a 20% down payment is required.   For refi’s or cash-outs, it’s 75% LTV.   You guys know these kinds of commercial loans are impossible to find!!!

Yes, it is only 1 point, because this is a REAL bank ending the $$$, not some hard $ lender or a loan shark :-)