First Savings Bank
702 North Shore Drive, Jeffersonville, IN 47130
https://fsb-sbl.com/
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
18,663
Total loans closed with Loan Factory (past 12 months)
15,070
Lender overview
Basic information
Conventional
HomeReady
Home Possible
FHA
FHA Streamline
VA
VA IRRRL
USDA
Jumbo
HELOC
N/A
N/A
Lock policies & Fees
Lock Policies
N/A
N/A
No
Lender's niche & Overlays
*Borrower purchasing a building they are moving their business into and occupying at least 51% of the square footage. Can buy a lot, and build a building, buy a building and renovate or buy a building as is. 90% LTV 25 year loan
*Purchase a business- with real estate or lease 90% LTV
*Purchase a franchise- with real estate or lease 90% LTV
*Do a start-up 85% LTV
*Do an Expansion-Own a successful business and want to start a second location 90% LTV
*Partner buyout 90% LTV
* Can add:
- Equipment- Vans, vechicles, trailers, large equipment
- Inventory
- Working Capital up to $ 250K
Debt refinance
Must be a for-profit deal. No "Not for profit"
Must be owner occupied.
No strip malls or apartment buildings
680 Fico
No bankruptcy or foreclosure in the past 5 years
Must have at least 2 years business tax returns
Lender turn time
N/A
N/A
60
Review - First Savings Bank
0.0
0 Google Reviews
Stars
Sort by
We use cookies to ensure the most optimal browsing experience on our website. By visiting our site, you are agreeing to the use of these cookies.