The Normandy Advantage

  • Fast pre-approvals within 3 to 5 business days
  • Deal directly with the Loan Officer/Underwriter
  • Fast track closings available
  • Loans available to Borrowers with excellent to less than perfect credit

We offer Non-Conforming (Non-Bankable) loans on commercial properties for:

  • Bridge Loans
  • Short Sales / Bank Workouts
  • Bankruptcies / Foreclosures
  • Limited Documentation Available
  • Weak personal financials

Property Types

  • Multi-Family (5 – 25 Units)
  • Retail Building
  • Light Industrial
  • Office Building
  • Medical Building
  • Mobile Home Parks
  • Other types considered

General Terms*

  • Loan Size: $100,000 to $2,500,000
  • Rates: 8.95% to 10.95%+
  • Loan Fees: 1.50% to 2.00%+ (Based on overall Borrower qualifications)
  • Pre-payment: Allowed without penalty
  • Application Fee: $450 - Fast Track Closing Application Fee: $1,250
  • Underwriting Fee: $450
  • Term: 1 to 5 Years
  • Loan to Value: Typically 55% to 70%, however, up to 75% possible on high quality properties and/or high quality Borrowers. (Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts)
  • Minimum cash down from Borrower: 25% down on the purchase price plus closing costs
  • Owner and non-owner occupied commercial properties are eligible
*Subject to change without notice

Loans available in the following states: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WY

Call today @ (800) 390-7536 or use the “Pre-Qualify Now” link above.

 

NORMANDY CORPORATION
NMLS #71492
46 Prince Street, Rochester, New York 14607
800-390-7536 * 585-256-2600 * Fax:585-256-2836
Email: info@normandy.com

Hours: Monday – Friday 9 am to 5 pm EST