Which properties/tenants qualify for Doctor Mortgage Investment Grade Credit Tenant Financing?
Properties which are net leased to investment grade tenants (rated BBB- or higher). Listed below are typical credit tenants which would qualify for the Doctor Mortgage financing (assuming an acceptable lease). Please note that the list displayed below is not meant to be exhaustive but rather is a guide to the types of credits we finance. In addition, Doctor Mortgage will consider on a case-by-case basis borrowers with sub-investment grade tenants, especially those rated BB or BB+. Is it possible for a tenant to qualify for Doctor Mortgage’s numerous Doctor Mortgage financing programs if it does not have a credit rating? Certain credits do not carry a senior unsecured rating either because they have no long term debt, are subsidiaries of a rated company, or chose not to be rated. Periodically Doctor Mortgage assists borrowers obtain “shadow ratings” for public corporations which are unrated but are financially strong. Assuming Standard & Poor’s rates the unrated credit of such a corpora
