Programs

Fortress QM Commercial:

  • Office, Multi-Family, Retail, Self Storage, Warehouse, Industrial
  • Rates Starting At 5.00%
  • Lending In All U.S. States Except NV, AZ, WY, MT, SD, ND, NE, OR (Major MSA And Sub Areas Only)
  • Up To 75% Multi-Family / All Other Asset Classes 70% / Cash Out 65%
  • Purchase, Cash Out, Rate And Term
  • Minimum Loan Amount $500k – $10mm
  • Term: 5/1, 7/1, 10/1 ARM
  • Lite Doc Underwriting
  • Minimum DSCR 1.20 Multi Family / 1.30 All Other Asset Classes
  • 620 Minimum FICO
  • 2% Closing Costs

Fortress QM Residential:

  • 1-4 Unit Residential (No Hi-Rise Condos Manufactured, Mobile)
  • Rates Starting At 5.00%
  • Lending In All U.S. States Except NV, AZ, WY, MT, SD, ND, NE, OR (Major MSA And Sub Areas Only)
  • Purchase, Cash Out, Rate And Term
  • 70% LTV Purchase And Rate And Term / 65% Cash Out
  • Loan Amounts $400k – $4.0MM
  • 5/1, 7/1, 10/1 ARMS (No 30 Year Fixed)
  • Minimum DSCR 1.20
  • Minimum FICO 620
  • 2.00% Closing Costs

Fortress Bridge Financing Residential & Commercial:

  • 1-4 Unit Residential (No Hi-Rise Condos, Manufactured, Mobile)
  • Rates Starting At 7.99%
  • Lending In All U.S. States Except NV, AZ, WY, MT, SD, ND, NE, OR (Major MSA And Sub Areas Only)
  • Purchase, Cash Out, Rate And Term
  • 75% LTV Commercial / 70% LTV Residential
  • Loan Amounts Residential $150k – $10.0MM / Commercial $500k – $25.0mm
  • 1 – 3 Year
  • Minimum DSCR 1.00
  • 2.00%-3.50% Points
 

 

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