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COMMERCIAL MORTGAGE INFORMATION AND PROCESS MGI. Specializes in the financing of income properties with loans of $100,000 to $3,000,000, on a broad array of property types and locations, utilizing the most complete loan product line available in today's marketplace. We have assembled a team of talented professionals with the skills and experience to effectively assist you with all of your Commercial Real Estate Financing needs. Our team is highly experienced in the complexities of procuring optimal financing for commercial properties. With many years of experience and having well established relationships with lenders of all classes across the nation our team stands ready to make your commercial financing an efficient, transparent and painless process. MGI'S talented professionals are specialists who apply their experience and knowledge to crafting innovative solutions to the complex financial and strategic challenges that confront borrowers. In an industry where "going by the book" may be sufficient for most firms, MGI has broken many of the old traditions and created a few new ones. Let us show you how we can help. Apply online now The initial submission for pre-approval requires only a Financial Loan Request Form, a complete, accurate, legible 1003 Mortgage Loan Application, and a Tri-merged credit report with credit scores.
Pre-approvals are generally issued within 48-72 hours of receipt. The pre-approval is a conditional commitment to fund a loan based solely on the information supplied by the Borrower and the requirements stipulated in the pre-approval. MGI utilizes the credit report submitted by the applicant and/or brokers to evaluate the applicant's credit and grade the loan as to price & permitted LTV ratio.
Additional supporting documentation or stipulations contained in the pre-approval must be submitted for underwriting review and acceptance prior to closing. Requests to waive pre-approval stipulations can only be authorized by an underwriter issuing a revised pre-approval form. Borrowers and/or Applicants need to be aware that a Real Estate Analyst will review all appraisals. Elegible Commercial Property Types  Office Phone: (305) 219-6901 Fax: (786) 879-7623 For residential we lend only in the state of FL For Commercial and Hard Money all USA Email: info@mtmfunding.com
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