New Mexico Commercial Property provide business-purpose real estate investors with Up to 75% LTV across loan amounts from $100,000 – $15,000,000+ at 6.875% – 8.99% (25–30 Yr Amortization, 5/7/10 Yr Fixed or 30-Yr Non-QM CRE, 660+ FICO min FICO, 21 – 30 Business Days close). In New Mexico (NM), lenders underwrite to a Judicial (or Commercial Deed of Trust Act) statutory framework (160–220 days-day average timeline), a 0.76% average property tax rate (~$206/mo at the $325,000 state median), and $520/$100K hazard insurance (~$141/mo).
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