Commercial Real Estate Loan Program

purpose: 

  • Purchase, refinance, cash-outs, investments

Property Types: Class A, B, C

  • Office 

  • Retail 

  • Multifamily

  • Industrial

  • Hospitality

  • Healthcare/Medical

Lending Coverage: 

  • Nationwide

Loan Size: 

  •  $500,000 to $25,000,000

Terms: 

  • Hybrid and fixed

  •  5,7,10 year fixed rates

Amortization: 

  • 25 years and up to 30 years for multifamily

Rates: 

  • Usually index + Margin

  • Index are usually Wall Street Prime Rate, Libor, SOFR and Treasury Rates.

  • Margins are usually 0.50% to 3.00%

Loan to Value (maximum LTV):

  • 75%  owner-user properties

  • 70% non-owner 

  • 75% multifamily

Speed:

  • Average is 45 to 60 days