Our Commercial Lending Criteria
At IFC, we consider every loan on a case-by-case basis. We typically work with projects that major financial institutions cannot finance in this current economic condition. We follow guidelines established by its board of directors when considering each loan application.
We offer competitive long-term financing programs for commercial property loans with our $760 million dollar equity fund.
Bridge loans are short term commercial financing products that can typically be funded in under 30 days based on transaction.
Stated Income Commercial Real-Estate Loans
Stated income Commercial real estate loans are an alternative to a traditional commercial loan for borrowers who are looking to buy or refinance commercial property. A stated income commercial loan is generally more concerned with the piece of real estate rather than the borrower’s credit history. The property income value must be capable of servicing the mortgage, taxes and insurance for a stated income commercial loan to be approved. An advantage to a stated income commercial loan over a traditional commercial loan is that the approval process is much quicker because there are fewer documents involved in order for the borrower to qualify