AG Commercial Capital AG Commercial Capital ProgramsPrograms

Creative Commercial FinancingCreative Commercial Financing

Multifamily / Mixed-Use ProgramMultifamily / Mixed-Use Program

• Full Docs

• 3 Years Corporate Tax returns

• 3 Years Personal Tax Returns on all guarantors.

• Personal Financial Statements

• Source of liquidity

What is a Multifamily PropertyWhat is a Multifamily Property

• Apartment Building with Residential Units of 5 or more units.

What is Mixed-Use?What is Mixed-Use?

• Multifamily property with up to 20% of its space available for retail

Full Doc - Multifamily / Mixed-UseFull Doc - Multifamily / Mixed-Use

• Loan Amount: from $250K to $10 Million

• LTV: 65-70%• Minimum Credit Score: 680• Interest Rate: Starting at

5.67% • Loan Term: 5,7 & 10 Year

Fixed Hybrid • Amortization: 30 yrs• 35 Year fixed Rate and

Amortization available on certain loans

• Prepayment Penalty: Declining or YM

Full Doc – Multifamily / Mixed-UseFull Doc – Multifamily / Mixed-Use

• Minimum DSCR: 1.25• Cash out refinance:

limited to max 50% of equity

• Stable current and historic cash flow is required.

• Borrower must have: Market experience, good liquidity, good net worth. Full recourse.

• A&B Grade properties only.

Full Doc – Commercial Property Program

Property Full Doc – Commercial Property Full Doc – Commercial

• (Investment & Owner Occupied)

• Loan Amount: from $250K to 10 Million• Max. LTV -90 % (51%+ owner

occupied)• Max. LTV -65% (if less than 51%

owner occupied)• Minimum Fico: 650 Experian• Minimum DSCR: 1.20 to 1.40• Loan Amortization: up to 25 Years

Full Doc – Commercial PropertyFull Doc – Commercial Property– Rate/Term Refinance – Cash Out Refinance (for improvements, business debt ,

inventory)– Loan Purpose: Purchase

• Interest Rate: As low as 4.95%• Global Cash Flow Underwriting• Seller Financing permitted-Min. Equity from

borrower 10%• Prepayment Penalty: 5% -3% -1%

Full Doc – Commercial PropertyFull Doc – Commercial Property

• BEST CANDIDATES:

• Hotels• Gas Stations• Restaurants• Doctors• Attorneys• CPA’s• And more…

Stated Income ProgramsStated Income ProgramsMultifamily & Mixed-UseMultifamily & Mixed-Use

What is Stated?• No Tax Returns on

qualified Individuals• Owner Occupied

transactions can use Interim or Company prepared Financials.

• Personal Financial Statement

• Source of liquidity

STATED MULTIFAMILY- MIXED-USE

• Loan Amount: $750,000 –$3M• Multi-Family & Mixed-use (up

to 20% Commercial space)• Loans may be Increased to $5

Million in Major Markets such as: Baltimore, Boston, Chicago, Los Angeles, New York, Sacramento, San Francisco, San Jose, Seattle, Washington D.C. etc…

Stated Multifamily – Mixed UseStated Multifamily – Mixed Use

• Max. LTV: Up to 75 –80%• Loan Terms: 5, 7, 10 or 30 years Fixed (No

Balloon Option Available)• Minimum Fico: 680• Amortization: 25 to 30 yrs, depending on age and

condition of property• Lifetime Cap on Adjustable Rate: 5% over initial

interest rate• Lifetime Floor Rate on Adjustable Rate: 3%• Minimum DSCR: 1.25 DSCR• Loan Purpose: Purchase, Rate/Term Refinance &

Cash Out.

Stated Multifamily – Mixed - UseStated Multifamily – Mixed - Use• Stabilization: 90% occupancy-

minimum 90 days.• Assumable: loans are

assumable with 1% fee.• Seasoning: 12 months

ownership. If property is owned for less than 12 months, original purchase price or market value, whichever is the lower will be used to determine the LTV

Stated Multifamily – Mixed - UseStated Multifamily – Mixed - Use

• Liquidity Requirement: 6 Months P& I, plus down payment, closing costs and Coverage Ratio of Revolving Debt.

• Borrower Net Worth Requirement: Must exceed loan amount.

• Borrower must have experience in owning and managing comparable multifamily properties

Stated Commercial Property Stated Commercial Property ProgramProgram

Stated Commercial PropertyStated Commercial Property

• Loan Amount: From $1Million to 25 Million.

• LTV: Up to 65% Max.• CLTV: Allowed up to 80%• Loan Term: Up to 36 months.• Minimum Fico Required: None• Prepayment Penalty: None• Exit Fee: None• Great For Acquiring Properties That

Don’t Cash Flow • Interest Rate: Starting at 12%

Stated – Commercial PropertyStated – Commercial Property

• Nationwide Lending• Interest Only Payment • Closing Time: Closing as fast as 30

days with full package• Acceptable Property Types: • Office, Medical/Dental, Office Condo,

Warehouse, Multifamily, Mixed Use, Retail, Strip Centers, Day Care, Flagged and Non-Flagged Hotel/Motel, other property types considered on a case by case basis.

Stated Income Small Balance Stated Income Small Balance ProgramProgram

Stated Small Balance Commercial Stated Small Balance Commercial Stated Income / Verified AssetsStated Income / Verified Assets

• Loan Amount: From $100K to $400K

• Interest Rate starting at 7.75%• • Loan Term: 25 Year Fixed rate w/ NO BALLOON • LTV: Up to 70% Max for Multifamily and other property types. • LTV: Reduced based on the transaction risks and credit scores.• CLTV: Up to 80%• Minimum Population Requirement: 3,500 town and 20,000 County• Minimum Credit Score requirement: 600 (all three scores)• Purchase, Rate & Term & Cash Out• Investment property or Owner Occupied• Prepayment Penalty: • 5 years declining at 5,4,3,2,1 on Fixed Program • 5% Flat for 5 Years on Adjustable Program

Stated Small Balance Commercial Stated Small Balance Commercial Stated Income / Verified AssetsStated Income / Verified Assets

• Closing Time: 4 Weeks typically, from a complete package.

• Seasoning Requirement: 24 Months, if property is owned for less than 24 months, purchase price or appraised value, whichever is the lower will determine the LTV.

• Property Type: Apartments (5+units), Mixed-use , Professional Office space, Retail Store –Strip/Free Standing, Small Commercial, Motel/Hotel, Mobile Home Park, Warehouse, Church, Garage/Storage, Auto Repair.– Territory: Nationwide, except for: Alabama, Alaska,

Hawaii, Michigan, Nevada, Ohio, West Virginia, Vermont & Los Angeles County, CA.

Stated Small Balance Commercial Stated Small Balance Commercial Stated Income / Verified AssetsStated Income / Verified Assets

• Credit Quality: Usually, mortgage should be current, and been rated for 24 months. Typically Mortgage rating must not have more than 1 X (30) days delinquency in the past 12 months. HOWEVER, will also consider 3 X (30) days and 1 X (60) days delinquencies in the last 12 months period

• Bankruptcies: Generally not allowed in the prior 2yrs.

• Charge Offs/Collections: Are not allowed in the prior 12 months period. Exceptions may be granted with a higher rate.

Specialty Loans: Rural Loans & Specialty Loans: Rural Loans & Church LoansChurch Loans

What Are Specialty Loans?What Are Specialty Loans?

• There are custom tailor programs specific for communities / or Property Types

Rural Loan ProgramRural Loan Program

• Commercial financing for rural business; creating and saving rural jobs, improving economic climate of rural communities

•

Rural Loan ProgramRural Loan Program

• Maximum Loan Amount: 25 Million• Minimum Loan Amount: 1 Million• Loan Term & Amortization: 30 years

maximum. No Balloon. • Rates: Starting in the high 4%• Fees: Lender Customary Fees• Prepayment Penalty: Lenders

customary prepayment penalty

Church Loan ProgramChurch Loan Program

Church LoansChurch Loans

• Loan Amounts: From $1Million to $25 Million.• Churches of all denominations.• LTV: Up to 75%• Fixed Rates: 3 to 5 Years• Amortization: 20 to 25 Years• Transaction type: Purchase and Refinance• Churches must have Audited Financial

Statements.• Rates Starting at 6.25%

Eligible Properties For Our Eligible Properties For Our ProgramsPrograms

• Assisted Living Facilities Automotive /Auto Shops Bowling Centers Car wash

• Churches Convenience Stores Day Cares Dry Cleaners Funeral Homes Gas Stations Hotel/Motels –Flagged and Non-Flagged - Liquor Stores, etc…

Eligible Properties For Our Eligible Properties For Our ProgramsPrograms

• Medical/Dentist Offices. Metal Buildings Multifamily Mixed-Use Mobile Home Park Nursing Homes Office – Condos - Restaurants Retail Centers - Self Storage Supermarket/Grocery Stores Warehouses – etc…

Ineligible PropertiesIneligible Properties

• Adult Entertainment Facilities - Raw Land/Lots Heavy Industrial Building - Hospitals New Construction Agricultural/ Farm Land Marinas Golf Courses

Credit ScoreCredit Score

• We at A G Commercial Capital LLC, will try and work with individuals, business, investors and companies who has suffered from the downturn of the real estate market. If your Credit score is 600 are above, we will try to be creative in closing your transaction.

• We also have funding for Churches $150k - $400k, and Non Profit Organizations.

A G COMMERCIAL CAPITAL LLCA G COMMERCIAL CAPITAL LLCContact:Contact:

• Pamela Williams – Account Executive• Greg Davis- Branch Manager• Chesterfield Missouri 63005• Toll-Free: 1800-792-0922 ext:1185• pwilliams@agcommercialcapital.com• www.agcommercialcapital.com