Unfortunately, purchasing commercial real estate can be much more difficult than buying a home. Banks and other “traditional” lending sources reject potential borrowers every day for a variety of reasons. Listed below are just a few of the more common obstacles that prevent hard working business people like you from owning commercial property:

• Your personal financial history may not be able to withstand the rigid Underwriting requirements of some lenders due to a substantial portion of undeclared income.
• The property may have environmental concerns that render the transaction too risky.
• Your credit may be impaired.
• The minimum loan amount of some lenders may exceed the financing that you need.
• Even if you already own commercial property, you may not be able to “cash out” by tapping into the equity in order to consolidate debt, increase advertising, purchase inventory, or make cosmetic improvements to your property.

In any of these situations sound familiar, then First American Financial can help you. In fact, we may be able to provide financing for your commercial property with no income verification and limited documentation requirements! This unique solution is made possible because our program underwrites your loan based on your credit and property type. Whether you’re buying a building for investment purposes, or to house your business, you won’t need to run to your accountant for tax returns, and you won’t have to involve the equity in your home. Best of all, our loan programs carry competitive rates with no balloon payments!