Marques Corporation


[Total: 7    Average: 2.7/5]


Phone: 888 543 4410

Address: 1444 Biscayne Blvd STE 314 Miami, FL 33132

Website: http://marquesdirect.com

States They Lend In: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming

 

Specializing in Residential & Commercial properties
•Stated Income
•No income Documentation
•No Business Financials
•No tax Returns
•No W2’s
•No paystubs
•No 4506T
•No DTI Ratios
•No Loan Committee

Key Features

Term: Interest only | Fully Amortized up to 30 years | Up to 90% LTV | Construction | Rehab | Fix & Flip Acquisition | Refinance Cash Out | Blanket Financing No DSCR | No leases required on SFR | Condos | Townhouses

Multi Family and Mixed Use

PROGRAM GUIDELINES

Property Types: Multifamily, Mixed Use, Office, Retail, Light Industrial, Mobile Home Parks, Self Storage, SFR Pools

Lending Area: Nationwide (except Alaska, North Dakota and South Dakota)

Loan Amounts: $75,000 – $5,000,000

Loan Term: 3, 5, 7, 8, 10 years fixed

Amortization: 30 Years

Minimum: DSCR 1.20

Maximum: LTV Up to 75% / CLTV up to 80%

Fixed Rates: 6.00% – 9.90%, then float

Better Credit Score Rate Discount Available

Better Market Area Rate Discount Available

Index 6 month LIBOR/ WSJ PRIME (after fixed period)

Margin: 4.00% (after fixed period)

Rate Caps: 1.00% initial, 1.00% per 6 months, 6.00% lifetime

Floor Initial Rate

Occupancy: Investor and Owner-Occupied (O/O not for 1-4 SFR Pools)

Minimum Credit Score: Generally 620

Personal Recourse Required for 25% or greater ownership

Loan Cost: 4-5% of loan amount (total closing costs)

Rate Buydown Available

 

RESIDENTIAL 1-4 UNITS

No tax returns, no business or personal financials required. That’s why Marques Commercial Capital offers our Streamline Program for all of our property types. This is especially helpful for active investors.

No Tax Returns required for Borrower or Guarantor(s) – (Investor Properties Only)
•Owner Occupied properties need tax returns for business only
•3 mos. Bank Statements to support liquidity and rent collection

Additional Items Needed:

•Loan Application
•Credit Report

 

PROGRAM GUIDELINES

Property Types: SFR, Condo, Townhouse, 2-4 Units

Lending Area: Nationwide

Loan Amounts: 50,000- 6,000,000

Loan Term: 3, 5, 7, 8, 10, 20, 30 Years

Amortization: up to 30 Years

DCSR: No Minimum

Maximum LTV: up to 90%

Fixed Rates: 6.00- 8.99%

Occupancy: Investor and Owner Occupied

Loan Cost: 4-5% of the loan amount (total closing costs)

 

COMMERCIAL PROPERTIES

A successful company operates on core beliefs. At our core, Marques Commercial Capital believes that property owners and investors are underserved by narrow and inflexible banking guidelines and we’re here to change that. We see loans in full color. We understand that every loan has a unique story and we’re ready to listen to the needs and issues of every borrower.

PROGRAM GUIDELINES

Property Types: Multifamily, Mixed Use, Office, Retail, Light Industrial, Mobile Home Parks, Self Storage, SFR Pools

Lending Area Nationwide: (except Alaska, North Dakota and South Dakota)

Loan Amounts: $75,000 – $5,000,000

Loan Term: 3, 5, 7, 8, 10 years fixed

Amortization: 30 Years

Minimum: DSCR 1.20

Maximum: LTV Up to 75% / CLTV up to 80%

Fixed Rates: 6.00% – 9.90%, then float

Better Credit Score Rate Discount Available

Better Market Area Rate Discount Available

Index 6 month LIBOR/ WSJ PRIME (after fixed period)

Margin: 4.00% (after fixed period)

Rate Caps: 1.00% initial, 1.00% per 6 months, 6.00% lifetime

Floor Initial Rate

Occupancy: Investor and Owner-Occupied (O/O not for 1-4 SFR Pools)

Minimum Credit Score: Generally 620

Personal Recourse: Required for 25% or greater ownership

Loan Cost: 4-5% of loan amount (total closing costs)

Rate Buydown Available

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