Non Recourse

nonrecourse

NON RECOURSE FUNDING

 
 
 

You were invited to our website to get Pre-Approved for our "Non Recourse Program". PhoneOps "Non Recourse Program" is designed for:
 
 

Refineries / Office / Retail
Industrial / Warehouse
Condominium Complex
 
 
 

Mobile Home Parks
Apartment Complex
Hotels / Motels
 
 
 

Daycare Centers
Self Storage
And More...
 
 

If you fall into one of the above, then our program is great for you. PhoneOps "Non Recourse Program" is a nationwide & International program.
 
 
 
 
 

Guidelines: This program has standard guidelines. View below:
 
 

From $3M to $50M
Rate: 4% to 10%
Term: Up to 30yr
 
 
 

Up to 80% LTV for Multifamily
Up to 70% LTV for Hotels / Motels
Up to 75% LTV for all other property types
 
 
 

No Prepayment Penalty
DSCR 1.25x Minimum
Industry standard carve-out provisions for "Bad Boy" acts
 
 
 
 
 

Minimum Requirements:

* Must be able to show proof of income

* Application Fee of $395

* A Tri-Merge Credit Report fee of $45 Waived

* A valid Driver's License or State ID

* Must have a Checking Account

* A Social Security number

 
 
 
 
 

"Non Recourse Loan" Online Application

 

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