Commercial Real Estate Financing


 

We can provide commercial real estate financing for loans up to $50,000,000 or more

 

Our signature small balance Loan Product:

To apply, click on the Blue “Apply Now” button below.

Your application will let us know exactly what your needs are so that we can provide you with the absolute best funding solution for your situation..

 

Need a larger loan than our signature small balance product, or a construction loan?  We can provide you with up to $50,000,000

Loan Types

  • Permanent first mortgage loans
  • Cash Out Refinances or rate/term                                                                                         
  • Shorter Term Bridge loans in a first mortgage position
  • Land loans                                                                                                                                 

 

  • Minimum Loan

$100,000                                                                                                                                            

Maximum Loan

$2,500,000 ( up to $3,500,000 case by case)

Acceptable Properties

All standing commercial properties, plus land loans, including:

  • Multifamily
  • Office
  • Retail buildings
  • Strip centers
  • Shopping centers
  • Industrial buildings
  • Warehouses
  • Mixed use buildings
  • Self storage
  • Hotels
  • Motels
  • Commercial condominiums
  • Industrial condominiums
  • Assisted living
  • Residential care homes
  • Day care facilities
  • Gentlemen’s clubs

Lending Area

  • Nationwide (Crime rate of the neighborhood must not exceed 125% of the national average)

Amortization

  • If the property is less than 50 years old:  30 years
  • If the property is older than 50 years:  25 to 15 years

Loan Term

15 years

Points

3 – 5 points typically

Prepayment Penalty                                                                                                                              commercial medical facility

None

Application Fees / Upfront Fees

None

Loan-to-Value Ratio

  • Purchase money loans:  75%
  • Refinances:  65% to 70%
  • Land loans: 25% to 50% (usually 40%)

Interest Rate

  • 8% to 13.9% 

Each loan is priced individually, depending on the safety and affluence of the area, the attractiveness of the property, the age of the property, the loan-to-value ratio, the size of the loan, whether the loan is a refinance or a purchase money loan, the income and stability of the borrower, and the credit of the borrowers. Minimum credit score of 600 FICO

 Click on the Blue button to apply. 

 

Or Call 312-235-1728


Need a larger loan! No problem. We can provide you with commercial property financing up to $50,000,000 

Rates as low as 5% on larger commercial loans

Just Click Here to access the application portal
 

Frequently Asked Questions ..also get answers to several hundred Real Estate terms and definitions