Falling short in one of those categories will make it harder to land the best rate. You must clear three hurdles to qualify for a jumbo loan: a high income requirement, a stellar credit score and hefty reserves. The website owner is not responsible for damages allegedly arising from use of this website's AI.Ĭopyright © 2023 Janover Inc. Users should not rely upon AI-generated content for definitive advice and instead should confirm facts or consult professionals regarding any personal, legal, financial or other matters. This website utilizes artificial intelligence technologies to auto-generate responses, which have limitations in accuracy and appropriateness. If you need to visit the SBA directly please click here: sba.govĬlick here for our Advertiser Disclosure. We are not affiliated with the Small Business Administration (SBA). None of the information on this site constitutes legal advice. This website does not endorse or charge you for any service or product. Nothing on this website is an offer or a solicitation for a loan. We are a technology company that uses software and experience to bring lenders and borrowers together.Īll users should perform their own due diligence and research. This website is owned by a company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. Fix and Flip Loan Calculator - For properties that are being renovated.HUD Multifamily Loan Calculator - For multifamily properties with five or more units.CMBS Loan Calculator - For investment properties.Freddie Mac Loan Calculator - For owner-occupied properties, investment properties, and properties in need of significant repairs.Fannie Mae Loan Calculator - For owner-occupied properties, investment properties, and properties in need of significant repairs.Life Company Loan Calculator - For owner-occupied properties and investment properties.Construction Loan Calculator - For properties that are being built or renovated.Mezzanine Loan Calculator - For properties that need additional financing beyond a first mortgage.Bridge Loan Calculator - For investment properties and properties in need of significant repairs.USDA 538 Loan Calculator - For owner-occupied properties in rural areas. SBA 504 Loan Calculator - For owner-occupied properties and businesses in need of long-term, fixed-rate financing.SBA 7(a) Loan Calculator - For owner-occupied properties, investment properties, and businesses in need of working capital.Portfolio Loan Calculator - For owner-occupied properties and investment properties.Government-Backed Loan Calculator - For owner-occupied properties, investment properties, and properties in need of significant repairs.Conventional Loan Calculator - For investment properties, owner-occupied properties, and properties in need of significant repairs.The calculator will spit out a few fundamental figures for you: your monthly P&I payment, your interest-only payment amount, and your balloon payment amount. Commercial Loan Calculator - Provide information on your loan amount, interest rate, mortgage term, and amortization term.There are a few different types of commercial loan calculators available to business owners.
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