Commercial Real Estate Financing

SBA Financing for the purchase of owner-occupied commercial properties is a great option for buyers looking for a low down payment and longer term.  

Both the SBA 7A and SBA 504 program require down-payments as low as 10% and 25-year amortization.   They can be used for the purchase and renovation of commercial properties.

A 7A loan can also be used for other purposes such as working capital, equipment, business acquisitions and debt consolidation. 

504 loans are limited to purchasing commercial real estate, renovations and heavy equipment.

Our SBA specialists can provide expert advise as to which program is the best fit for you. 

Long-term financing for investors who are holding properties for rental income. 

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)

Amortization Options:

30 Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1), &5 & 10- Year Interest-Only

LTV:

Purchase: Lesser of up to 75% of the As-Is Value or Up to 80% Loan-to-Cost

Refinance: Up to 75% of the As Is Value

Cash-Out: Up to 75% of the As Is Value

Loan Size: 

$100,000 to $2,000,000

Rates:

starting at 4.75%

Minimum FICO:

650

Debt Service Coverage Ratio (DSCR):

1.0

Short-term loans secured by real estate for a wide range of situation, including bridge funding, land acquisition, development, construction, bank work-outs, note purchases, foreclosures and bankruptcies.

Term – 1 to 3 years interest only with no prepayment penalty

Collateral – Typically commercial real estate. Other fixed assets may be considered in some cases.

Loan to Value – Loan amounts can be up to 70% of the value of the collateral.  If the loan is for construction or renovation, the loan can be funded in stages up to 60% of the improved value.

Rates – Depending upon collateral, rates start around 8% interest-only with origination fees ranging from 2% to 5%.  Rates for international transactions are higher than domestic loans.

Minimum Loan Amount – $100,000 in the Mid-Atlantic region and $500,000 nationwide ($3,000,000 international).  

CMBS loans provide owners of income-producing properties with access to the capital markets for loans.

Acquisition or Refinance (with unrestricted cash-out)

Loan amounts from $2,000,000 to $100,000,000

Amortization – 25-30 years

Term – 5 to 10 years

Non-Recourse 

Sponsor Credit Blemishes Considered

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

LTV:

Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV

Term:

12 Months (6-Month Extension Available)

Loan Amount:

$100k – $2M for 1-4 Family, Condos, & Townhomes

$250k – $5M for Multi-Family (5+)/Mixed-Use

Minimum As-Is Property Value:

$50k for Single-Family

$25k per Unit for 2-4 Family

$35k per Unit for Multi-Family (5+)/Mixed-Use

Minimum FICO:

650

Rates

As Low As 7.75% (Interest Only Charged on Outstanding Balance)