The All New ZERO!!! Loan

New ZERO Lender's Fees Loan Program

$200K+ ZERO LOAN PROGRAMHIGHLIGHTS:

Loan size: $200K to $2M
Lender Points: ZERO!!!
Lender Fees: ZERO!!!
Appraisal Fee: ZERO!!!
Only out of pocket $ required is a 1/4% Loan Deposit, which is refunded at closing.
Borrower pays escrow & title fees.

LTV / LTC: Up to 50%
Int. Rate: 10.99% to 11.99%
Loan Term: 5 year balloon
Prepay fee: 5-4-3-2-1
Property Types: Qualifying income producing commercial or investment residential properties.
Lending Area: AZ only

ALTERNATIVE FOR LOANS <$200K

For loans < $200K, the appraisal fee is paid by Borrower.
$500 Loan Deposit, refunded at closing.

Loans < $100K are only available for properties in the Greater Phoenix area

Non-Recourse: Available for a 1% increase in rate or 5% reduction in LTV

(this includes foreign investors)

General Not So Hard Money^TM Loan Details

Standard Loan Term 5 year balloon w/15-30 year amort. OR 10 yr fully amortized.
Alternative Loan Term 10 year balloon w/ 15-30 year amort. OR 15 yr fully amortized for +1% to rate.
AZ & NM Metro Areas include the Phoenix, Tucson & Albuquerque metro areas.
General Use Properties include most residential, multi-family, office, retail, warehouse, flex & mixed-use properties.
Special Use Properties include mini-storage, motels, churches, assisted living facilities, medical buildings, etc.
Properties we do NOT lend on include gas stations, bars, night clubs, etc.
Land Loans: Yes, we lend on land (including acreage and lots) at 25% loan-to-value.
Property Inspection Fee may be higher for properties outside the Phoenix Metro Area.
Non-Recourse: Available for a 1% increase in rate or 5% reduction in LTV