AMI Lenders will assist you with acquiring financing for assets other than real estate or investment property. Also, if you are looking for an ITIN loan, o necesita ayuda en español, contact one of our expert loan originators to get your loan started.
Loans available for acquisition, new construction, rehab of an existing structure for lease, development or improvement for owner occupancy/ resale, or a simple refinance. We will require a current phase one Environmental Site Assessment report. Loan amounts up to 70% of the lesser of the purchase price or appraised value. If the request includes rehab, up to 70% as completed (AMI Lenders will advance rehab funds based on invoiced and approved completed work). Terms are negotiable with one to five year maturities, amortization up to twenty years, and fixed and floating interest rate options. Debt service coverage is negotiable.