George Smith Partners is working with a California focused, direct portfolio lender financing commercial, multi-family, mixed-use and residential investment properties from $1,000,000 to $10,000,000. Product types include 2nd position mortgages on non-owner residential properties and can provide leverage up to 70% of value, 1,3,5,7,10 and 15 year terms with a 30 year amortization and no prepayment penalty. Rates starting at 7.75% on 2nds and senior lender approval or an inter-creditor agreement is not required.