Avatar's Blog

» Commercial Loans for Residential Properties

Posted on 3/1/2005

In some instances, Avatar is able to fund a residential loan.

  • If the property is rented out
  • If the property is used for commercial purposes
  • If the property is held in an LLC or other corporate entity and the proceeds are used for business purposes
  • If the property is owner occupied and located in WA or CA

All residential loans are subject to the same $500,000 minimum and 65% maximum LTV lending criteria.

Posted in Miscellaneous