Commercial Lending of America - Trusted Lending Partner at LoanFactory

Commercial Lending of America

Address: 155 North Wacker Drive, SUITE 4250, Chicago, IL 60606

https://clamericacash.com

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
18,209

Total loans closed with Loan Factory (past 12 months)
14,701

Lender overview

Basic information

QM Program

N/A

Loss Payee

N/A

CPL or Subordinate Clause

N/A

Lock policies & Fees

Lock Policies

Lock extension

N/A

Relock

N/A

Lock & Shop

Lender's niche & Overlays

Lender's Niche

Commercial Real Estate (CRE) Loans

Ground-Up Construction (Commercial Only)

Construction Loans (Commercial Only)

Land Loans (Commercial Only)

Fix and Flips

DSCR Loans

Bridge Loans

Refinance Loans

Lender's overlays

Minimum Loan Amount: Prefer $500K+ (depends on the loan type)

Non-owner-occupied properties only

First-lien positions only

Minimum down payment: 25%-35%, depending on the program

Lender turn time

Initial underwrite (days)

N/A

CTC conditions review (days)

N/A

Initial CD (days)

N/A

Review - Commercial Lending of America

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