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Vertix Group
Home
Lending Programs
News
Meet The Team
FAQs
Contact Us
More
  • Home
  • Lending Programs
  • News
  • Meet The Team
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  • Lending Programs
  • News
  • Meet The Team
  • FAQs
  • Contact Us

Credit Union Loans

Credit Unions offer similar financial options to banks. Generally, these options provide lower rates and fees and can finance various types of properties. This type of financing may be used to consolidate or refinance existing debt. Credit Union loans may be utilized for construction, renovations, or acquiring different kinds of properties. Typical clients for Credit Unions are local borrowers and owner-occupied properties.

Find out more

Eligible Properties

 Office, Multifamily, Mixed-Use, Retail, Industrial 

Features

  • Loan Amount: $500,000-$20,000,000
  • Maximum Loan To Value: 60%-80%
  • Interest Rate: 4%-6%
  • Term Length: 5,7 or 10 years
  • Amortization: Up to 25 years
  • Recourse: Yes

Advantages

  • Lower lending rates and origination fees
  • Available for many uses
  • Small loan amounts are possible

Disadvantages

  • Lengthy paperwork
  • Origination fees
  • Fewer options and services are available

How to Qualify?

Required Documents

Required Documents

  • Acceptable credit score
  • Cash flow
  • Time in business will vary by lender
  • Debt Service Coverage Ratio: 1.25x or greater

Required Documents

Required Documents

Required Documents

  • Loan Application
  • Financial Statement
  • Personal Tax Returns
  • Credit Report
  • Operating Statement 
  • Rent Roll of the property
  • MAI Appraisal
  • Environmental Study

Start Financing

Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Vertix Group LLC and Lender’s underwriting guidelines and due diligence. Loan amounts, interest rates and costs presented are for informational purposes only and are subject to change without notice and at Vertix Group LLCs and/or Lender’s discretion. Other conditions may apply.


info@vertixgroup.com


1000 Brickell Ave, Suite 580. Miami, FL 33131


  

If you have any impairment covered by the Americans with Disabilities Act or a similar law, and you  would like to discuss potential accommodations related to using this website, please email us at info@vertixgroup.com.


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