Affordable Financial Services
Affordable Financial Services in Huntington, NY offers commercial loan programs to suit any business.
100% NO DOC Commercial Loans, No money down.
These loans use residential-style underwriting and are secured by commercial property. They are ideal for office condos and small businesses looking to buy. They are fast and easy and provide a valuable alternative to tough SBA lending.
Non-Recourse Commercial Financing
These loans are secured by collateral and tend to have higher fixed interest rates than recourse loans. However, in the event that the borrower defaults on the loan, the lender’s only recourse is to pursue the collateral. No further legal actions may be taken. Apartment complexes, Self-Storage Facilities, Shopping Centers and Mobile Home Parks are all good candidates for non-recourse commercial financing.
NO DEBT SERVICE REQUIREMENT!!!
These commercial loans have no Debt Service Requirement, meaning that you do not have to have a certain level of income to qualify for the loan. This type of financing may be particularly useful for the following types of properties: Multi-Family, Mixed-Use, Office, Retail, Warehouse and Self-Storage Facilities.
Church Real Estate Financing
Churches often face difficult financial situations when they first purchase a property or are looking to expand. Affordable Financial Services Huntington can help your congregation avoid unique financial obstacles with professionally trained underwriters who are experienced in working with churches of various sizes. We offer loans for Sanctuaries, Schools and Expansion projects.
To submit your project, or for more information, visit Affordable-FinancialServices.com.
Toll Free: 1-888-500-0282
NMLS #27090. Go here for the Affordable Financial Services NMLS access page.