Programs available for:

  • Stated income small commercial loans $100,000-$3,000,000 80% up to $2 million and 70% up to $3 million

  • Small Business/ Owner Occupied loans $100,000-$5,000,000 up to 90% on Purchases (full documentation) and stated up to $3,000,000

  • Small commercial loans full documentation $100,000-$10,000,000

  • Large commercial loans $10,000,000-$50,000,000

Stated Loan Program

Highlights

  • $100,000-$3,000,000

  • Purchase and Refinance only

  • Fixed or adjustable rates, including 15, 20, 25 or 30 year amortization available

  • 80% LTV to $2 million and 70% LTV to $3 million

Property types- Multifamily, Mixed Use, Retail, Industrial, Warehouse, Office Buildings, Mobile Home Parks, Hotels, Self Storage, Single Tenant Properties, and other special purpose properties on a case by case situation.

Loan Submission

The following items are needed to get your loan pre-approved:

  • 1003 and Credit Authorization (All members with 10% or more interest in property)
  • Current Rent Roll ( Must include square footage of all commercial space)
  • Most recent year end income and expenses

Contact for more Information:

Email: Commercial@2SMM.net

Provide a short summary of what you are looking for, type of business, location, Purchase / Refinance, your contact information.  You will be contacted with in 24 hours or sooner.

Call Toll Free - 1-877-274-2402


Smokey Mountain Mortgage 110 Westfield Road Knoxville, TN 37919
Phone: Toll Free Phone: Fax:

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