Additional Programs

Additional loan programs available

Stronghill Capital has additional Alternative to Bank (A2B) programs available for you lending needs.

  1. A2B-LITE: Lite Doc
  2. A2B-MCF: Market Cash Flow
  3. A2B-BRIDGE: Bridge

A2B-LITE: Lite Doc

Flexible underwriting on multi-family and commercial properties for borrowers with difficulty reporting cash flows. Risk-based pricing for lower credit score borrowers with stabilized properties.

Lite Doc Underwriting No tax returns required. 3 months bank statements required to verify income
Loan Size $500,000 – $5,000,000
LTV Max / DSCR Min 75% (80% Multi-Family) / 1.25X
Rates 7.00%+
Rate Adjustments Fixed Term, Credit Score, Loan Size, Market Size, Property Type
Rate Buy Downs 1% At Closing: 0.50% Reduction In Rate
Amortization/Term 3, 5, 7, 10-Year Fixed Rate, 30-Year Amortization/Term. I/O Considered Up To 3-Year Fixed
Prepayment Premiums Descending % (5/4/3/2/1 On A 5-Year Fixed)
Property Types Multi-Family, Retail, Light Industrial, Office, Self Storage, Warehouse, Commercial Condo, Flex Space, Mobile Home Parks (Pad Income Only). Stabilized Owner-Occupied or Investment. No Automotive, Limited Special Purpose
Recourse Required (Limited Available)
Minimum Credit Score 550
Lender Fees 1-2%

 

A2B-MCF: Market Cash Flow

Flexible underwriting for multi-family and commercial properties using comparable cash flows. Risk-based pricing for lower credit score borrowers.

MCF Underwriting No tax returns or bank statements required. Market income and expenses used in analysis
Loan Size $500,000 – $5,000,000
LTV Max / DSCR Min 75% (80% Multi-Family) / 1.25X
Rates 7.50%+
Rate Adjustments Fixed Term, Credit Score, Loan Size, Market Size, Property Type
Rate Buy Downs 1% At Closing: 0.50% Reduction In Rate
Amortization/Term 3, 5, 7, 10-Year Fixed Rate, 30-Year Amortization/Term
Prepayment Premiums Descending % (5/4/3/2/1 On A 5-Year Fixed)
Property Types Multi-family, Retail, Light Industrial, Office, Self Storage, Warehouse, Commercial Condo, Flex Space, Mobile Home Parks (Pad Income Only). No Automotive, Limited Special Purpose
Recourse Required (Limited Available)
Minimum Credit Score 550
Lender Fees 1-2%

 

A2B-BRIDGE: Bridge

The perfect stepping stone to an agency or bank loan, the A2B Bridge program is intended for sizeable properties with a clear loan exit strategy.

Loan Size $3,000,000 – $20,000,000 Per Property
LTV Max / DSCR Min Lesser of 85% LTC or 80% LTV / 1.00X
Rates 5.00%+
Rate Adjustments Fixed Term, Credit Score, Loan Size, Market Size
Amortization/Term 3, 5, 7, 10-Year Fixed Rate, 30-Year Amortization/Term
Prepayment Premiums Fixed: Yield Maintenance Premium, Floating: Minimum 12 Months’ Interest
Property Types Multi-Family, Retail, Light Industrial, Office, Self Storage, Warehouse, Commercial Condo, Flex Space, Mobile Home Parks, Mixed Use, Hospitality
Recourse Non-Recourse (Standard Carve Outs)
Lender Fees 1-3%
Bridge Underwriting Assets Generally Must Be Held in Special Purpose Entity