Non-Conventional Bank Program


 non conventionalAt UGMC, we are constantly evolving our loan programs and here is a quick fact sheet on our non-conforming programs.

Loan Amounts – $300,000 to $40,000,000
LTV – up to 75% apartments, mixed-use, office, retail plaza, student housing & more
Min credit score 600
Terms / Rates start at 4.75%, 3-5-7-10 year terms, 25 year amortization with no balloon payments
Notable Program Features:
–        Down payment gifts from family members acceptable
–        Credit issues
–        Foreign nationals
–        Prior foreclosures, short sales, past bankruptcy
–        Low Global Cash Flow ratios
–        Property condition or stabilization issues
–        Bridge Loans for upgrading and re-purposing properties
–        Step down prepay
–        Rate lock at application
–        Primary and secondary markets

Feel free to contact us for more information.