EQUITYKEY COMMERCIAL MINIMUM REQUIREMENTS

Client Profile Age: 65-85
Health: Reasonably good health in order to meet insurance underwriting requirements.
Acceptable Property Types Includes:
  • Appartment Buildings
  • Multi-Family
  • Warehouse/Distribution
  • Mixed-Use Commercial/Residential
  • Light Industrial
  • Professional Centers
  • Medical Office
  • Office Building
  • Office Condo
  • Retail shopping
Option Payment Range Typically 8-12% of initial appraised value.
Property Values $2 million to $30 million (individually or as a total of multiple properties)
Property Locations See coverage map.
Loan-to-Value Ratio 70% maximum loan-to-value ratio.
Occupancy Requirements None
Origination Fees $300 application fee. Client will be reimbursed if deal funds or if they are not able to qualify. Also, client is responsible for initial appraisal fee.