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| Maine Commercial Loans - Underwriting Guidlines |
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A few Commercial Financing guidlines are that all projects or cases are underwritten on a case by case basis. Every real estate loan application is unique and will be evaluated on its own merits, but there are a few things that lenders will look at. For a new businesses that is less than three years old, all personal credit will be evaluated and examined. This holds true for a longer period of time smaller companies. But on large corporations, their business performance and overall credit ratings will be evaluated with an already proven record. When determining Property Analysis of the Fair Market Value and Fair Market Rent will be analyzed. Special use property may also be required before any additional underwriting. Your Age and appearance, the local market conditions, and your place of location will all contribute.
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Information provided by 1st
Maine Mortgage. 1st Maine Mortgage .com is the mortgage
broker of choice in Maine. As a licensed mortgage
broker 1st Maine Mortgage .com can provide the lowest
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state of Maine. We shop hundreds of lenders to guarantee
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Debt Consolidation, home improvement and home equity
credit line loans and pre-qualifying 1st time home
buyers for a Maine home loan.
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today! |
| Even a small rate cut can pay off quickly! There are ways to save money refinancing. We can help if you would like to stay in the house for 1 year to 30 years. We have specific programs designed to fit your needs. Call a representative today to see what program fits you best.
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| DEBT
CONSOLIDATION! |
Our debt consolidation services
can help you rest peacefully at night, by offering
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Our reliable and efficient debt consolidation services will assist you in taking a new step towards becoming debt-free.
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| FIRST
TIME BUYERS |
| We design our first time buyer loans to make it easy to become a homeowner. There are many programs to choose from depending on your unique situation. Some programs offer low interest rates, easier qualifying or both. Call one of our first time buyer specialists to see what fits your needs.
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