Get Financing Now

Apply now for any of our products. Forget process. Think closing.

Why Work With Us?

  • Top Closing Ratio in Industry
  • Experienced Underwriters Answering Calls
  • 24-Hour Pre-Approval
  • Fast Closing
  • No Upfront Fees
  • Credit Score 680 or Higher

Contact Us

Miel Financial Inc.
1325 Sixth Avenue, 27th Floor
New York, NY 10019
Tel: 212-265-5626 (LOAN)
Fax: 212-501-4142

loans@mielfinancial.com

Owner Occupied

 

Leverage Real Estate to Grow Your Business

 

90% Financing for Owner Occupied

 

 

 

 

  • Loan Types:                5, 7, 10, 25 Fixed Rates available

 

  • Loan Proceeds:            Purchase – Min 25% Owner Occupied

 

  • Guarantees:                Personal Guarantees Required

 

  • Size:                           $500,000 up to $5 Million

 

  • Fast Close:                  45 to 60 days

 

  • Cash Flow Multiple:      1.1X Debt Service Coverage

 

  • Purchase LTV:              90% - Must show 10% Reserves (Stocks, etc.)

 

  • Refi's:                         To 85% - Cash out must pay off debt

 

  • Terms:                        up to 25 years

 

  • Credit:                        620+

 

  • Interest:                      Mid 6’s to 8’s

 

 

 

 

 

PLEASE REMEMBER THAT RATES AND TERMS WILL VARY BY DEAL – THE STRONGER THE DEAL, THE BETTER THE TERMS!


 

© 2009 MIEL FINANCIAL. All Rights Reserved.