Commercial loans | True Path Loans, Inc.

Commercial Real Estate Mortgage Solutions!

See how True Path Loan's creates smoother, faster, more confident closings for non-bank borrowers.

The Lowdown on Commercial loans...

Program Highlights

Program Types: multifamily, mixed-used (residential & commercial), office, retail, warehouse, self-storage, light industrial, bar/taverns, automotive repair, daycare center, restaurants, mobile home parks.

Purchase, cash out, rate/term refinance

25, 30 year full amortizations – No balloons
Standards prepayment fee: declining 5, 4, 3, 2, 1
Eligible Borrowers: U.S. citizens, permanent resident aliens, legal entities, foreign nationals
In eligible properties: construction, major rehab, gas stations, land, rural location, hotels/motels, anything cannabis related

Reasons to bring loans to True Path Loans

Faster time to closing: 30-35 days on average
More flexible borrower documentation requirements
Borrower’s loan turned down by a local bank
Less restrictive underwriting guidelines
Less stringent credit requirements
No cash out restrictions
No balloon notes

New!! 30 year fixed rates!!

Specializing in financing commercial real estate

Perfect for Fix n flips that already own the land and have a lot of equity on as is value.
Clients with multiple properties that have great 1st position rates but want to access cash. We can do 2nd position behind multiple property types.

Commercial Rate Qualifier!

Line of Credit Commercial, Land & Residential

LTV on 1^st up to 75% on 2^nd TD up to 65%
Max 75% CLTV
California and Colorado only
Up to 10 million
Cross Collateralization
1-3-year terms
No Pre-Payment Penalty
No Income Documents Required
Rates start at 8.99% to 11.99%
Interest only
Only pay on what you draw

Minimum Fico 640
We lend on as is Value, even on land
Multi-State Collateralization Allowed
Great for clients with a lot of equity

Loan Options For Every Situation

PROGRAM	FULL DOC COMPLETE	BANKS STATEMENT OWNER-OCCUPIED	LITE DOC INVESTOR	ASSET-BASED
Loan Amount	$150,000 – $5,000,000	$150,000,000 – $ 2,000,000	$150,000 – $ 2,500,000	$10,000,000
LTV	MAX LTV 80%	MAX LTV 80%	MAX LTV 80%	MAX LTV 75%
Loan Product	3 year, 5 Year, 30 year Fixed	5 Year, 30 year Fixed	3 year, 5 Year, 30 year Fixed	3 year, 5 Year, 30 year Fixed
Credit Score	Min. 650	Min. 650	Min. 650	Min. 650
Rates	5.00% – 7.49%	5.25% – 8.49%	5.00% – 9.49%	5.50% – 9.49%
Best For	Credit worthy borrowers looking for an alternative to restrictive bank financing but seeking bank-type rates	Borrowers who may not be able o disclose certain financial information	Owner occupied borrowers who prefer to prove their income by providing 12 consecutive months of business bank statements instead of tax returns.	Borrowers seeking financing based solely on the value of the property. No DSCR Required.