AG Commercial Capital AG Commercial Capital ProgramsPrograms

Creative Commercial FinancingCreative Commercial Financing

A G COMMERCIAL CAPITAL LLCA G COMMERCIAL CAPITAL LLCContact:Contact:

• Pamela Williams – Account Executive• Greg Davis- Branch Manager• Toll-Free: 1800-792-0922 ext:1185• pwilliams@agcommercialcapital.com• www.agcommercialcapital.com

Stated Income ProgramsStated Income ProgramsMultifamily & Mixed-UseMultifamily & Mixed-Use

What is Stated?

• No Tax Returns on qualified Individuals

• Owner Occupied transactions can use Interim or Company prepared Financials.

• Personal Financial Statement• Source of liquidity

STATED MULTIFAMILY- MIXED-USE

• Loan Amount: $750,000 –$3M• Multi-Family & Mixed-use (up to 20%

Commercial space)• Loans may be Increased to $5

Million in Major Markets such as: Baltimore, Boston, Chicago, Los Angeles, New York, Sacramento, San Francisco, San Jose, Seattle, Washington D.C. etc…

Stated Multifamily – Mixed UseStated Multifamily – Mixed Use

• Max. LTV: Up to 75 –80%• Loan Terms: 5, 7, 10 or 30 years Fixed (No

Balloon Option Available)• Minimum Fico: 680• Amortization: 25 to 30 yrs, depending on

age and condition of property• Lifetime Cap on Adjustable Rate: 5% over

initial interest rate• Lifetime Floor Rate on Adjustable Rate: 3%• Minimum DSCR: 1.25 DSCR• Loan Purpose: Purchase, Rate/Term

Refinance & Cash Out.

Stated Multifamily – Mixed - UseStated Multifamily – Mixed - Use

• Stabilization: 90% occupancy-minimum 90 days.

• Assumable: loans are assumable with 1% fee.

• Seasoning: 12 months ownership. If property is owned for less than 12 months, original purchase price or market value, whichever is the lower will be used to determine the LTV

Stated Multifamily – Mixed - UseStated Multifamily – Mixed - Use• Liquidity Requirement: 6 Months P& I,

plus down payment, closing costs and Coverage Ratio of Revolving Debt.

• Borrower Net Worth Requirement: Must exceed loan amount.

• Borrower must have experience in owning and managing comparable multifamily properties

Credit ScoreCredit Score

• We at A G Commercial Capital LLC, will try and work with individuals, business, investors and companies who has suffered from the downturn of the real estate market. If your Credit score is 600 are above, we will try to be creative in closing your transaction.

• We also have funding for Churches $150k - $400k, and Non Profit Organizations.