Commercial Loans

Commercial Loans

Loan Amounts:                 $25,000 to $25,000,000

Property types:                Multi-Family, Mixed-Use, Retail, Office, Auto Repair, Day Care, Funeral Homes, Beauty Shops, Motels/Hotels, Warehouse,

Mobile Home Parks, Campgrounds, Churches, Self-Storage, Dry Cleaner (Drop off only), Recreational properties

Ineligible Properties:    Raw land, construction, or gas stations (although we will lend on auto repair/auto body shops)

LTV:              Maximum LTV is 70%.

Credit Scores:                    600 Minimum FICO Scores.  Any scores below 600 require a reason to request an exception.

Closings:                             Three to four weeks

Rates:                                   Fixed Rates ranging from 7.5% to 12%.                                  

Fees:                                    No upfront fees

Prepay:                                Declining 5%-4%-3%-2%-1% Prepay Penalty

States:                                  All 50 States

When submitting deals to review, please send the following information for us to review your loan application

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  • 1003 or Commercial Loan Application
  • Credit Report with scores and trade lines
  • Summary of the deal
  • Digital pictures of the property (if available)
  • Rent Roll (if applicable)
  • Income and Expense Statement on the subject property (if applicable)

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