Atlantic Commercial Lending recently introduced an innovative selection of non-qualified mortgage (non-QM) loans tailored specifically for individuals who own or invest in commercial properties. This new offering aims to provide greater flexibility and opportunities for commercial property owners and investors to access financing solutions that may not conform to traditional mortgage requirements. With the introduction of these non-QM loans, Atlantic Commercial Lending expands its range of financial products and services to cater to the diverse needs of its clients in the commercial real estate sector.
According to the mortgage broker, Atlantic Commercial Lending has recently introduced a comprehensive array of financial products to cater to a broader range of borrowers in the real estate market. This new product line encompasses various types of loans, including non-qualified mortgage (non-QM) loans, profit and loss loans with terms limited to one or two years, bank statement loans, bridge loans, programs for foreign nationals and non-permanent residents, as well as debt service coverage ratio (DSCR) loans.
These offerings have been specifically designed to accommodate borrowers who may not possess conventional income documentation, providing them with viable financing options. These products not only target investors and landlords but also extend their benefits to individuals who require alternative means to verify their income. With this diversified range of loan options, Atlantic Commercial Lending aims to meet the unique financial needs of a broader clientele, fostering greater accessibility and flexibility in the commercial lending industry.
According to Atlantic Commercial Lending’s CEO, Isaac Amichia, traditional mortgage loans may not be ideal for everyone, particularly for self-employed individuals or foreign nationals. Amichia emphasized the company’s commitment to comprehending the distinct requirements of its clients and delivering tailored loan solutions that align with their specific financial circumstances.
Headquartered in Arizona, Atlantic Commercial Lending also provides a variety of financing options tailored specifically for multi-family apartment properties. These options include SBA 504 and 7(a) loans, USDA commercial loans, as well as loans for commercial property purchases and fix-and-flip projects.
