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ITC Commercial Funding principals, Ken Gatlin and Adam Byrd will staff booth #910 at the Annual MBA Commercial Convention located at the Manchester Grand Hyatt …
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ITC Commercial Funding announced today it is expanding its market area to include all 48 states within the Continental United States …
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To be a profitable, innovative non-regulated provider of financial services to the real estate market in a manner consistent with our value system of serving our customers, community, shareholders, and employees. … read more |
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ITC Commercial Funding also specializes in Acquisition and Development (A&D) loans and also new construction. Please contact us directly for more information.
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Contacts:
Ken Gatlin 404-259-7329 kgatlin@itchold.com
Adam Byrd 706-518-6575 abyrd@itchold.com
LENDING PROGRAMS:
TOLL FREE 866-651-6218
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Portfolio Multi-Family |
- Loan amounts of $10,000,000 or under
- Maximum Loan to value 80%
- Variable or Fixed Rate Terms
- Lending that
provides flexibility
in term generally3-5
years
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Portfolio Commercial (Office, Industrial, Retail) |
- Loan to Value
of 80%.
Maximum 80% to
purchase price
available for
certain projects
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Construction |
- Loan amounts up to $10,000,000 in select markets, $5,000,000 in other markets.
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Conduit Traditional (Multifamily, MH Park, Office, Retail, Industrial, Self-Storage & Hotel) |
- Minimum $500,000 up to $100,000,000
- Fixed rate,
non-recourse,
with terms ranging
from 5 to 25 years,
80 % loan to value
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Conduit Small Business |
- Minimum $500,000
80 % loan to value
- Streamlined processing with fixed closing costs.
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Mezzanine (Conduit Traditional only) |
- Can increase Loan to Value by additional 5 %.
- Minimum $5,000,000 First Mortgage
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SBA 7a |
- Acquisition, construction or renovation of owner occupied (51%+) real estate & improvements
- Maximum $1,300,000
- Loan to value
75%-80%
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SBA 504 |
- Maximum $5,000,000
- Maximum Loan
to Value 80% (combined
w/SBA second mortgage
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Taxable Variable/Fixed Rate Demand Bond |
- Provides for lowest cost of capital with flexible terms on a recourse basis with NO prepayment penalty
- Minimum $2,000,000
- Maximum Loan
to Value 80%
- Floating rate based upon 1 month LIBOR.
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To become part of the ITC Commercial Funding family which entitles you to a resource library, online help and most importantly a partner you can trust for life. There will be … »view more |
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Our Full Documentation Program is your aid to a fast closing. Our Full Doc is one part of our many products enabling you to reach your goals with an established and trusted lending partner. To find out… »view more |
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Columbus, Georgia
2.5 million refinance
Special purpose building needing refinance to payoff existing Bank loan due to loan covenant… »view more |
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