We have "More Loan Options than a traditional Bank"
 

If you are looking to purchase your first home, second - vacation home, a real estate investment property, a commercial building for your business or a real estate to invest, you arrived to the right place.

At Althas, we have "More residential and commercial loan options than traditional banks" with the same or better interest rates, 30 year and 15 year terms and low down payments.

We have access not only to the Conventional and Government Sponsored loans like FHA, VA and USDA but also the Non-Traditional loans, Investors financing, No Income Verified, Hard Equity, Construction and many more options.

Our loans are backed by the biggest real estate lenders in the nation and these lenders specialize in Mortgages Only!

First Time home buyers, Self-employed borrowers, New and Seasoned Real Estate Investors, Foreign Nationals - Tourists and more. From fix rates to Interest Only Loan Options – Alt- Doc Programs and more option available at Althas - Lenders Retail Center.

These are some of the programs we may have available (Programs are subject to change without notice).
 

MORTGAGE LOAN PROGRAMS

 
PROGRAM CREDIT SCORE DOWN PAYMENT RATE TERM/YEARS
Conventional 620+ 3% Low 30 & 15
FHA 500+ 3.5% Low 30
USDA 640+ 0% Low 30
JUMBO 620+ 10% Low 3,5,7,30
 

* FHA Loans with as low as 500 credit score | Programas de Financiamiento FHA con credito bajo
* VA PURCHASE and CASH OUT up to 100% Financing | Financiamiento para Veteranos
* 90% Financing | Financiamiento Variado
* Programs up to 104% Financing | Financiamos hasta el 104% del valor
* 90% Jumbo Loans on Alt-Doc loans with  I.O. option | Prestamos Gigantes con opciones
* 90% Prime Jumbo available with no M.I. | Programas de Financiamiento sin seguro de hipoteca
* FNMA Home Ready Programs | Programas Federales de Financiamiento
 

OTHER LOAN PROGRAMS

 
* 12 Months Bank Statement Loans | 12 meses de estados de cuenta bancarios en vez de taxes
    680+FICO score up to $2MM loan Amount
* 24 Months Bank Statement Loans  | 24 meses de estados de cuenta bancarios en vez de taxes
    580+FICO score up to $2MM Loan Amount
* Non-Prime Full Doc Loan Programs | Programas de Financiamiento con taxes
    500+FICO score up to 2 MM Loan Amount
 * Foreign National Loans
    for 2nd Home & Non-Owner Occupied up to $2MM Loan Amount
*  Non-Prime Loans
    for borrowers with recent Short Sale/Foreclosure/BK Discharge
*  No Income-Investor Loans
    No Radio /No Reserves up 75% LTV
*  No Income-Investor Loans
    for Foreign National borrowers up to 70% LTV
 

JUMBO LOANS:

 

* 40 –year fixed-term with IO
* $100K to $2.5M
* Up to 95% LTV with NO MI
* Flexible Guidelines
* Non-occupant co-borrowers + Gift Funds
* Interest-Only with 680+ FICO
* 90 n% cash out up to $1.5M
* Unlimited cash out
* 2-years seasoning – short sales and bankruptcy
* 3-years seasoning – foreclosures
* As low as 600 Fico
 

 OTHER MORTGAGE LOAN PROGRAMS


            * 24 Month From life event
            * Up to $ 3 million loan amount
            * 90% Maximum Loan Amount
            * Bank statements in lieu for W2 or 1099 /  income
            * Interest- only available
    NON PRIME / 1st mortgage
            * foreclosure, short sale & BK OK
            * no reserves
            * 90% Maximum Loan Amount
            * Bank statements for income
            * Down to 500 Fico, O/O & N/O
   * Foreign nationals
             * Stated income – DSCR
             * Business purpose
             * Interest- only available

 Hard Money Florida Loans / Fix and Flip / Construction Loans

 

* Non –owner occupied 1-4 unit properties!
* 5+ Units, Mixed Use Properties, Office & Retail
* 75% Maximum Loan Amount
* Loans from $100,00 to 10,000,000!
* Credit Score allowed: as low as 400!!!
* 3-years, 5-years or 7-years fixed options!
* 30-year fully amortized!
* NO Balloon payments!
* NO DSCR calculations on residential properties!
* NO Income requirements!
* NO Impounds required!
* NO seasoning of down payments OK!
* 100% gift funds ok!
* 1st –time home buyers OK!!
* Rates as low as 6.875% at par!

 

CONSTRUCTION LOANS

 
User-friendly construction loans to boutique single – family homebuilders. Our long standing in –house construction department has established a solid builder base over the past 29 years and helped countless mortgage brokers build their repeat business, as well. Constructions- loan program is known for quick approvals and closings, coupled with efficient construction draw schedules. 
 
  

Builder Finance FIX-FLIP LOANS

* 80 Max. LTV / 75% Max. ARV
* Interest Rate: 9.00%
   Loan Amounts: Up to $350,000

 

CONSTRUCTION LOANS 

* 80% MAX.LTV
* Initial Interest Rate: 4.99%**
* Spec $ Limited Recourse Ok
* Loan Amount: Up to $350,000

 

COMMERCIAL LOANS - PROGRAMS AVAILABLE


* Commercial Loans
* Construction Loans
* Residential Loans (for business use)
* All types of Borrowers
* all types of real estate considered, for any business purpose
* Letters of intent in 24 hours
* 7.99-9.99%
* 1-3 years
* No pre-pay penalty
* Quick closing (1-2weeks)
* Loan amounts: $250k to $12M
 

INVESTMENT EQUITY LOANS


Borrow Up To 80% LTV / Investment Equity Loan
With an Investment Equity loan from Loans Mortgage Financial Co, you get long-term, fixed-rate financing for your apartment building acquisition, refinance or improvement project funding. This unique loan structure allows you to select the perfect mix of mix financing cost and repayment terms.
Borrow Up to 80% LTV Ultimate Flexibility / Convertible Line of Credit
A floating rate revolving line of credit that you can use and reuse for short- term working capital needs, building improvement needs or to purchase a new multi-family building. The line of credit can convert to a fixed rate loan with up to a 25 year amortization.


REAL ESTATE PROJECTS


Funding for your next Real Estate Project
Application+ Credit + Appraisal = Financing
All Cash Closings
Rates starting at 9%
48 Hour approvals (5 Day Closings)
80% Maximum Loan Amount
All property Types
 

SMALL BALANCE COMMERCIAL FLORIDA LOANS


Options that specialize in the small-balance commercial real estate loans that do not fit the mold of traditional banks.

* Low Fixed Rates
* No FICO Score Minimum

SMALL BALANCE COMMERCIAL LOANS 

Multifamily, Mixed-Use, Office, Retail, Warehouse, Light Industrial, Mobile Home Parks, Automotive Service, Self Storage and Daycare (Investment Residential also Available)
 

Nationwide Balance Sheet Program


* $250,000 - $5,000,000
* 3, 5, 7, 10 Year Fixed Rates
* 30 Year Amortizations
* Rates Starting at 6%
* No Tax Returns, Financials or 4506- T
* Business Occupied and Investment
* 620 Minimum Credit Score
* Outside Appraisals Considered!
 

BUSINESS LOANS FOR ALL BORROWERS AVAILABLE NATIONWIDE


* $50,000 - $5,000,000
* No Collateral Required
* Fixed Rates up to 25 Years
* Rates Start at 6.50%
* No Restricted Industries
* No Credit Score Minimum
* No Working Capital Restrictions
*Closings <5 days available
* MCA Consolidations Welcomed!
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COMMERCIAL CAPITAL SMALL BUSINESS LENDING


* Competitive Referral Payout
* Deals screened in 48 hours or less
* Preferred SBA 7(a) Lender
* Experienced USDA B&I Lenders
* Streamlined process from origination to closing
 

COMMERCIAL PROGRAM HIGHLIGHTS


* 1,2,3 OR 4 units
* Includes non- warrantable condos
* Rates as low as 6.75%
* Loan Amount from $75K to $2MM
* Cash-out up to 70% LTV
* Stepdown Prepayment – 3.2.1
* 650 Minimum Credit Score
* No Tax Returns
* No Global DSCR
* Available in 41 states nationwide
 

At Althas we fund the loans that others don’t:


* Quick turnaround
* In foreclosure or bankruptcy
* Commercial
* Land Loans up to 50% Financing
* Mixed-use property
* Apartments
* Construction/completion
* Industrial
* Owner- occupied for business purposes only

Typical rates:
* interest rates: Low
* Points: 2-5 points plus cost
* Terms: 1-5 years (long-term programs available)
* Financing between 55% - 65%
* Land Loans up to 50%
* 1st. 2nd and 3rd trust deeds
 
PURPOSE LOAN TYPES
* Construction
* Acquisition and Development
* Permanent
* Bridge
* Renovation/Rehabilitation
* Refinancing
* Land (no land-only loans)
* Hard Money on a select basis
 
LOAN PARAMETERS

* Financing 60%-75% subject to property type
* Financing 65%-75% subject to project type
* Minimum loan amount for USA- based transactions is $2MM USD, For selected International transactions the minimum is $10MMUSD>
* No maximum loan amount (subject to underwriting)

EQUITY PARTICIPATION

* LMFC can arrange equity participation to facilitate a transaction in  conjunction with debt financing. 

PROPERTY TYPES

* Mixed Use
* Retail (Anchored and Unanchored)
* Office Buildings
* Hotels
* Resorts
* Single Family Subdivisions
* Golf Courses
* Condominiums/Apartments
* Industrial
* Marinas
* Special Purpose Properties
 

 
 

Free Consultation

Complete this 30 second form to receive a no obligation consultation. We will analyze your situation and determine the best solution.

FHA loans

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Commercial

Our team is committed to being the fast, creative, and reliable consultants that will help you close and fund commercial loans while providing seamless customer support from our lenders to your clients.

For More Information Click Here

Need More information

Call Us:   (239) 400-4707
Toll Free:(844) 444-4911
Hablamos Español 

Email Us:
General Inquires
team@althas.com
 

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Lenders Retail Center, an Althas d.b.a,  NMLS#1310848 is a State of Florida Licensed Mortgage Brokerage Company serving all Florida cities. Loan inquiries and applications will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Lenders Retail Center -  Althas Co d.b.a. is located at 10981 Bonita Beach Rd, Bonita Springs FL 34135, (239) 400-4707 (877)777-2393 and registered with Nationwide Mortgage Licensing System NMLS ID #1310848, (www.nmlsconsumeraccess.org). Information on our site, emailed after an application or over the phone is not an offer for extension of credit or a commitment to broker or lend. Rates displayed are base average rates provided by third parties. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy lender companies underwriting guidelines, which may change without previous notice. Interest rates and APRs are based on recent market rates, and are for informational purposes only, these rates are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under FL law, or any other applicable law. Call for details. Our Licensed Loans Officers are dedicated to helping you with your residential and commercial mortgage loan financing needs.