COMMERCIAL LOAN PROGRAMS

Commercial loans are a form of debt-based financing used to fund business expenses, including the purchase or renovation of commercial properties. Here are some key points about commercial loans:

  1. Purpose: Commercial loans are used to finance the purchase, renovation, or expansion of multi family buildings, apartment complexes, multi use, and self storage facilities.

  2. Loan Amounts: Commercial loans can range from $50,000 to five million dollars, depending on the lender and the project's scope.

  3. Repayment Terms: These loans typically have shorter repayment terms than residential mortgages, usually ranging from 5 to 25 years. Some loans may have balloon payments at the end of the term3.

  4. Interest Rates: Interest rates for commercial loans can vary widely based on factors such as the borrower's creditworthiness, the property's value, and the loan's term.

  5. Qualifications: Lenders typically require a detailed business plan, proof of income, and a good credit score. Some loans may also require a certain percentage of the property to be owner-occupied2.

  6. Fees and Costs: Commercial loans often come with fees such as origination fees, appraisal fees, and closing costs. It's important to factor these into your budget when considering a commercial loan.

  7. Usage: Funds from commercial loans can be used for a variety of business-related expenses, including purchasing real estate, covering operating expenses, and financing renovations.

Would you like more information on a specific type of commercial loan or assistance with finding a lender?

KEY FEATURES

Loan Amounts up to $5,000,000 ($5 Million)

Nationwide Financing

First Time Investors in Commercial Investments are Welcome

Based on Property Value - Not Personal Income (Great for Qualifying Self-Employed Investors and Small Businesses)

KEY BENEFITS

We Save You Time

We Save You Money

We Take the Stress Out of the Loan Process

PROPERTY TYPES

Apartment Complexes

Multi Family

Mixed Use

Self Storage

LOAN PARAMETERS

Interest Rates Starting at 7%

30 Year Term

Starting at One (1) Origination Point

GENERAL GUIDELINES

Simple Documentation

Minimum Credit Score

No Experience Required

PROPERTY LENDING QUESTIONAIRE

To help us understand your investment property and the funding required, please fill out the short form below and a representative will be with you shortly to discuss your property and how we can help you achieve your funding needs. If you would prefer to talk to someone immediately, please call us at 248-882-4184.

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